General Electric Company

Medical Equipment / Conventional Electricity / Renewable Energy Equipment

$ 67 (0.12)%

Share price

$ 74 bn

Market Cap

$ 89 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.78x the weighted average for S&P 500

FY2020

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

Weaker than the -5.1% weighted average for S&P 500

FY2021

General Electric Company aims to reduce Scope 1 + 2 by 50% by 2030 from a base year 2019

This target has not been verified as science based according to SBTi

GHG emissions and Carbon intensity

General Electric Company reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 2,080 Kt (-310 /-13% y-o-y). At the same time, carbon intensity increased to 26 t (+1/+4% y-o-y).

General Electric Company's Scope 3 emissions was down at 680 Kt (-1,660 /-70.9% y-o-y). The decline accelerated compared to the CAGR of -45.9% since 4Q'16.

The company is committed to reducing Scope 1 + 2 by 50% by 2030 from a base year 2019, which translates into the estimated reduction of -89 Kt per annum over the period of FY2021 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2020Q4	2,080	920	1,160		79,619	26
2019Q4	2,390	1,000	1,390	680	95,214	25
2018Q4	2,800	1,290	1,510	2,340	97,012	29
2017Q4	3,780	1,670	2,110	2,790	118,243	32
2016Q4	3,830	1,620	2,210	7,960	123,693	31

General Electric Company

Carbon footprint

Primary Climate Goal

General Electric Company aims to reduce Scope 1 + 2 by 50% by 2030 from a base year 2019

GHG emissions and Carbon intensity

General Electric Company's carbon footprint

Company environmental metrics