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General Electric (GE)

  • By: Francine Cullari
  • In: Green Business: An A-to-Z Guide
  • Edited by: Nevin Cohen & Paul Robbins
  • Subject:Sustainability, Environmental Policy & Law (general)

General Electric (GE) is one of the largest global business conglomerates, with 2007 revenue of $183 billion. It has over 300,000 employees in 100 countries, with 50 percent of employees outside the United States. The American company, founded by Thomas A. Edison, has operated for 120 years. GE is the only company listed in the Dow Jones Index that was in the original index in 1896.

For the 21st century, GE has adopted a new green philosophy, which more or less coincided with the ascension of Jeffrey R. Immelt as chief executive officer in 2001. Its green initiatives have intensified since 2005, when GE coined the term ecomagination for its various efforts. GE is now a major force in renewable energy with green initiatives, including solar ...

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