GE Sustainability Rated Highly by Tomorrows Value Research

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GE Sustainability Rated Highly by Tomorrows Value Research

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Friday, December 7, 2012 - 9:00am

CAMPAIGN: GE Citizenship

CONTENT: Article

While most large companies fall short of sustainability leadership, 10 including Ford, GE and Panasonic present best practices for other businesses to emulate, according to sustainability advisor Two Tomorrows.

Less than a third of the largest companies scored over 70 percent, the threshold for “sustainability leadership” in the 2012 Tomorrow’s Value Research (TVR), the firm’s annual assessment of corporate sustainability practices.

Other best practices come from Citibank, HSBC, Hyundai Engineering, Repsol, Stockland, Swiss RE and Westpac Bank.

TVR says Ford and Panasonic set targets for categories including climate change and environment, water and supply chain. The goals are measurable — such as Ford measuring facility carbon emissions or number of seats containing soy foam — and have timelines.

GE’s Ecomagination program measurably improves the company’s environmental performance, TVR says. In 2010, the company introduced 22 new Ecomagination products.

Read more about the 2012 Tomorrow's Value Research on Environmental Leader.

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From the 2012 TRV Report:GE’s ecomagination programme of research in clean technology R&D is stimulating the development of products and services that measurably improve customer/investor value and environmental performance. This is an example of sustainability deeply embedded in core business processes. In 2010, 22 new ecomagination products and solutions were introduced. GE is one of the few companies studied by the TVR 2012 to set out the sustainability criteria used as part of the innovation process. GE is one of the only companies to include stakeholders in the innovation process; this happens through its ecomagination Challenge.”

Keywords: Research, Reports & Publications | Ecomagination | Environment | Environmental Leader | GE | Social Impact & Volunteering | Sustainability Rating | Two Tomorrows | tomorrow's value research | tvr

CAMPAIGN: GE Citizenship

CONTENT: Article

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