GE Vernova Inc
GE Vernova's GHG Emissions Data Preview
In 2024, GE Vernova completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
GE Vernova has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
Verified Sources Behind GE Vernova’s Greenhouse Gas (GHG) Emissions Data
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Insights into GE Vernova's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of GE Vernova amounted to 587,188 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of GE Vernova decreased by 5.8%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
GE Vernova's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are GE Vernova's Scope 1 emissions?
In 2024, the total Scope 1 emissions of GE Vernova were 226,811 metric tons of CO₂ equivalent (tCO₂e). a
Has GE Vernova reduced its Scope 1 emissions over time?
Since 2019, GE Vernova's Scope 1 emissions have decreased by 38.3%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2023), GE Vernova's Scope 1 emissions decreased by 8.1%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are GE Vernova's Scope 2 emissions?
In 2024, GE Vernova reported Scope 2 greenhouse gas (GHG) emissions of 201,402 tCO₂e using the market-based method and 360,377 tCO₂e using the location-based method. a
Has GE Vernova reduced its Scope 2 emissions over time?
Since 2019, GE Vernova's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 35.51%, reflecting a declining long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2023), GE Vernova's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that GE Vernova 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does GE Vernova use for Scope 2 reporting?
In 2024, GE Vernova reported its Scope 2 emissions using the market-based method and using the location-based method. a
GE Vernova's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into GE Vernova's Value Chain Emissions
In 2024, GE Vernova reported 796,000,000 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2024 disclosure of GE Vernova includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
GE Vernova's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are GE Vernova's Scope 3 emissions?
In 2024, GE Vernova reported total Scope 3 emissions of 796,000,000 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 0% of these emissions originated from upstream activities such as purchased goods and capital goods, while 100% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has GE Vernova reduced its Scope 3 emissions over time?
Since 2019, GE Vernova's Scope 3 emissions have decreased by 61.42%, reflecting a declining long-term trend in Scope 3 emissions over time. a
Compared to the previous year (2023), GE Vernova's Scope 3 emissions decreased by 28.8%, highlighting the company's efforts to lower indirect emissions from its value chain. a
What categories of Scope 3 emissions does GE Vernova disclose?
In 2024, GE Vernova reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of GE Vernova's Scope 3 emissions?
In 2024, the largest contributors to GE Vernova's Scope 3 emissions were: a
- Use of Sold Products (Cat. 11): 796,000,000 tCO₂e (100%)
GE Vernova's Scope 3 Emissions by Categories
Insights into GE Vernova’s GHG Emissions Intensity Compared to Industry Peers
In 2024, GE Vernova reported Scope 1 greenhouse gas (GHG) emissions of 226,811 tCO₂e and total revenues of USD 34,935 millions. This translates into an emissions intensity of 6.49 tCO₂e per millions USD. a
GE Vernova's Scope 1 Emissions Intensity Compared to Peers
How does GE Vernova's GHG emissions intensity compare to its peers?
In 2024, GE Vernova reported a Scope 1 emissions intensity of 6.49 tCO₂e per millions USD. Compared to the peer group median of 7.07 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does GE Vernova rank on GHG emissions intensity within its industry?
In 2024, GE Vernova ranked 9 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
GE Vernova is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
Insights into GE Vernova's Total Carbon Footprint
In 2024, GE Vernova reported a total carbon footprint of 796,587,188 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 28.79% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to GE Vernova's total carbon footprint was Scope 3 emissions, accounting for 99.93% of the company's total carbon footprint, followed by Scope 2 emissions at 0.05%. a