General Electric Co

Common Name
General Electric
Country
United States
Sector
Industrials
Industry
Aerospace & Defense
Employees
53,000
Ticker
GE
Exchange
NEW YORK STOCK EXCHANGE, INC.
Website
www.ge.com
Description
General Electric Company is a multinational conglomerate known for its extensive influence across various sectors, particularly in aviation, healthcare, renewable energy, and power. Primarily, General...

General Electric's GHG Emissions Data Preview

In 2023, General Electric 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).

General Electric 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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into General Electric's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of General Electric amounted to 735,922 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of General Electric increased by 1.68%, suggesting that the company faced challenges in reducing its emissions from its core operations.

General Electric's Scope 1 Emissions Over Time

2018201920202021202220230350 k700 k1.05 M1.4 MtCO2e-67%-28%-9%+1%+4%
  • Total Scope 1
  • Year-over-Year Change

What are General Electric's Scope 1 emissions?

In 2023, the total Scope 1 emissions of General Electric were 294,537 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has General Electric reduced its Scope 1 emissions over time?

Since 2018, General Electric's Scope 1 emissions have decreased by 77.17%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), General Electric's Scope 1 emissions increased by 4.28%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are General Electric's Scope 2 emissions?

In 2023, General Electric reported Scope 2 greenhouse gas (GHG) emissions of 434,056 tCOâ‚‚e using the market-based method, and 441,385 tCOâ‚‚e using the location-based method.

Has General Electric reduced its Scope 2 emissions over time?

Compared to the previous year (2022), General Electric's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that General Electric 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does General Electric use for Scope 2 reporting?

In 2023, General Electric reported its Scope 2 emissions using the market-based method and using the location-based method.

General Electric's Scope 2 Emissions Over Time

2018201920202021202220230400 k800 k1.2 M1.6 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into General Electric's Value Chain Emissions

In 2023, General Electric reported 30,622,995 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of General Electric includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

General Electric's Scope 3 Emissions Over Time

201820192020202120222023015 M30 M45 M60 MtCO2e+2111%-37%-23%+1%+22%
  • Total Scope 3
  • Year-over-Year Change

What are General Electric's Scope 3 emissions?

In 2023, General Electric reported total Scope 3 emissions of 30,622,995 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

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.

Has General Electric reduced its Scope 3 emissions over time?

Since 2018, General Electric's Scope 3 emissions have increased by 1,208.68%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), General Electric's Scope 3 emissions increased by 22.25%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does General Electric disclose?

In 2023, General Electric reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of General Electric's Scope 3 emissions?

In 2023, the largest contributors to General Electric's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 30,622,995 tCOâ‚‚e (100%)

General Electric's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(100.0%)

Insights into General Electric's Total Carbon Footprint

In 2023, General Electric reported a total carbon footprint of 31,358,917 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 21.67% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to General Electric's total carbon footprint was Scope 3 emissions, accounting for 97.65% of the company's total carbon footprint, followed by Scope 2 emissions at 1.41%.

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