GE’s business fundamentally is about people: our employees, our customers, our investors, suppliers and community members. We rely on skilled, motivated and empowered people to support our business success, whether by building increasingly efficient products, trusting us with their investment funds, or managing effective educational systems and the transport networks on which we depend. In turn, GE supports these people by helping our customers succeed, keeping employees confident and productive, helping to build enduring communities, and creating shareholder value.
With a manufacturing history spanning more than 100 years, GE pays close attention to global trends that will affect the environment, raw materials, operations and markets in years to come. As the world’s population is expected to exceed 9 billion by 2050, and a global middle class is projected to double in the next 20 years, demand is increasing for a wide range of goods and services. These demographic shifts are increasing pressure on our environment, as readily available sources of energy, clean water and other resources are strained; greenhouse gas emissions increase; and ecosystems deteriorate.
The world’s urban population will reach 4.9 billion people by 2030. For growing cities to be habitable, they will require significant improvements to infrastructure systems such as water, transportation, healthcare and energy. We also know that sustainability in this context will require investing in legal frameworks, public policy and human rights. GE invests in both physical and social infrastructure in order to provide systemic solutions to the world’s complex challenges.