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General Electric Company Today’s Challenge, Tomorrow’s Markets. WRI Sustainable Enterprise Summit 2004 March 17, 2004. Mark Stoler Corporate Environmental Programs General Electric Company. Technology Change Growth Products Research Internal Operations.

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Presentation Transcript
slide1

General Electric Company

Today’s Challenge, Tomorrow’s Markets

WRI Sustainable Enterprise Summit 2004

March 17, 2004

Mark Stoler

Corporate Environmental Programs

General Electric Company

slide2

Technology

  • Change
  • Growth
  • Products
  • Research
  • Internal Operations
slide3

. . .In The Last 12 Months

“GE believes in addressing our customers’ needs for more energy-efficient products. We’re well equipped to do this.”

- Jeff Immelt, 2003 GE Annual Meeting

  • GE Lighting and Appliances businesses win 2004 DOE/EPA Energy Star Partner of the Award
  • GE Energy introduced the CMS 100TM, the world’s most efficient simple-cycle gas turbine
  • GE Global Research Center scientist named* as one of the world’s 100 Top Young Innovators for research in clean power generation technologies
  • GE Transportation launched a new fuel-saving technology for non-GE locomotives
  • GE Advanced Materials introduced new products allowing auto manufacturers to substitute resins for heavier glass and metal, improving fuel efficiency
  • GE Wind Energy installed over 900 wind turbines

*Technology Review Magazine

slide4

Technology

  • How Does This Happen in a Company with Diversified Businesses?
    • Technology and Innovation
    • Listening to Customers
    • Anticipating Needs
    • Knowing Trends

IGCC - Low CO2 Capability

FEED + O2

ELECTRICITY

CARBON

DIOXIDE

SULPHUR

STEAM

CCU

SATURATOR

SHIFT

SLAG

MAKE-UP

WATER

QUENCH

WATER

slide5

Energy Efficiency Integral To Growth Strategy

Five Initiative Strategy

  • Technical Leadership
  • Services
  • Customer Focus
  • Globalization
  • Growth Platforms
  • 4 New Products in 2003
  • H SystemTM Gas Turbine
  • 3.6MW Wind Turbine
  • GE EvolutionTM Series Locomotive Engine
  • GE90-115B Jet Engine
  • 5-15% more energy-efficient than our current market-leading products
slide6

Energy Efficiency Integral To Research Focus

  • Solid Oxide Fuel Cells
  • Photovoltaics
  • Hydrogen
  • Organic Light-Emitting Diodes
  • Sponsor of Stanford University’s Global Climate And Energy Project
    • -- Collaborative Research Project to identify and develop alternative and
    • next generation energy technologies (gcep.stanford.edu/)
slide7

Internal Operations

  • In 2003, completed first GHG Inventory for year 2002(http://www.ge.com/en/commitment/ehs/climate/immelt.htm)
    • Covered more than 600 global locations
      • All manufacturing and assembly plants
      • All business unit HQ offices
      • Research facilities
      • Service locations with more than 50 employees
  • Second inventory underway
  • Developed a GHG reporting module based on existing proprietary GE web-based EHS operating system
slide9

Considerations In Inventory Planning & Analysis

  • Scope
  • Purpose
  • Protocol
  • Documentation
  • De Minimis Determinations
  • Data Quality
  • Managing Change Year Over Year
slide10

“GE stands out as being especially well-placed with respect to providing low-carbon solutions to a number of key greenhouse gas emitting markets.”

-- Carbon Disclosure Project 2003

The Future

  • Intensity Reduction Planning
  • Products & Research
  • Getting Ready for Trading