Provides technological solutions to Thai stakeholders in the first 'GE Earth Day'
GE ecomagination and healthymagination presented
Bangkok, Thailand, July 17, 2009 -- GE in Thailand announced today that the company held a 'GE Earth Day' to help Thai customers solve their environmental and health challenges as part of its commitment to supporting Thai stakeholders for sustainable growth.
During the day, GE provided a large contingent of executives from many different industries with a unique opportunity to listen to sessions on global trends, GE's experiences in emerging markets and its technological solutions implemented in the Thai market. Senior executives and experts from GE businesses delivered GE's proven experiences and innovative perspectives to local executives and governmental officers who are striving to learn more about best solutions to tackle the pressing problems in energy, water and healthcare in Thailand.
Stuart Dean, President of GE ASEAN, commented, "I'm very thrilled to have organized such a unique and meaningful forum for Thai executives and governmental officers. It is a great opportunity for GE to showcase its proven experiences and technological solutions to help businesses grow and protect the environment. I believe that GE and all the participants gained strong insights on how Thailand can achieve sustainable growth through the day's educational presentations and constructive breakout discussions."
During the forum, GE presented its ecomagination certified products and services as well as the newly launched healthymagination initiative emphasizing a unique "One GE" approach that only GE can deliver. Ecomagination is GE's commitment to investing in a future that creates innovative solutions to environmental challenges and delivers valuable products and services to customers while generating profitable growth for the company. Healthymagination is GE's commitment to making sustainable health a reality. GE is dedicated to reducing costs, improving quality and expanding access in healthcare for millions of people around the world.
Pornlert Lattanan, President & National Executive of GE Thailand and Laos, said, "GE has a long history in Thailand of providing the cutting-edge technologies to meet the needs of the local community and enhance the competitiveness of Thai industries. Through the candid discussions, GE also wants to better understand the challenges that Thailand is facing so that we can work with the Royal Thai Government and Thai organizations to develop innovative and cost-effective solutions in the future. "
GE is committed to bringing innovative green technologies in energy, water, healthcare and infrastructure where Thai government agencies and the private sector are currently looking for sustainable solutions. In collaboration with local stakeholders, GE intends to grow its business further as the partner of choice in Thailand.
Since GE's founder, Thomas Edison, invented the light bulb, GE has been setting standards in innovation, and GE is well-positioned as perhaps the only company capable of helping to solve the world's toughest environmental and sustainability challenges.
About GE
GE (NYSE: GE) is a diversified global infrastructure, finance and media company that is built to meet essential world needs. From energy, water, transportation and health to access to money and information, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide. GE is Imagination at Work. For more information, visit the company's Web site at http://www.ge.com.
About GE in Thailand
As one of Thailand's largest foreign investors, GE employs over a thousand Thai professionals, who provide a wide range of products and services that directly impact on the daily activities and quality of life of our Thai customers. As a partner of choice for Thai customers, GE is committed to helping solve Thailand's toughest challenges in energy, water, Oil & Gas, healthcare, access to finance, and infrastructure. For more information, visit the company's web site at http://www.ge.com/th/
About GE ecomagination
Ecomagination is a business initiative to help meet customers' demand for cleaner and more energy-efficient products and to drive reliable growth for GE. For more information, visit the company's Web site at http://ge.ecomagination.com.
Our Ecomagination Commitments
- Increase revenues from ecomagination products
GE has set a target to grow revenues from ecomagination products with an annual revenue goal of $25 billion in 2010. As of May 2009, the ecomagination portfolio includes more than 80 products and the company has generated more than $17 billion in revenues in 2008. - Double investment in R&D
GE aims to invest $1.5 billion in cleaner R&D by 2010. In 2008, GE invested more than $1.4 billion in cleaner technologies, up from $750 million in 2005. - Reduce greenhouse gas (GHG) emissions and improve the energy efficiency of GE's operations
GE's internal GHG and energy efficiency plan, called 1-30-30, aims to reduce absolute GHG missions worldwide by 1 percent by 2012, reduce the intensity of GHG emissions 30 percent by 2008 and improve energy efficiency 30 percent by the end of 2012 (all versus 2004 levels). GE has already surpassed its first goal of reducing intensity of GHG emissions by 30 percent in 2008. - Reduce water use and improve water reuse
In May 2008, GE announced its goal to reduce our water consumption by 20 percent by 2012 from a 2006 baseline. - Keep the public informed
GE engages the public through our ecomagination Annual Report, ecomagination.com, dozens of global conferences and work with public policy engagements, including USCAP
About GE healthymagination
Healthymagination is GE's commitment to making sustainable health a reality. It will offer dramatic new investments toward achieving sustainable health. For more information, visit the company's Web site at http://healthymagination.com.
By 2015, our goal is to
- Reduce by 15% the cost of many procedures and processes with GE technologies and services.
- Increase by 15% people's access to services and technologies essential for health, reaching 100 million people every year.
- Improve quality and efficiency by 15% for customers through simplifying and refining healthcare procedures and standards of care.
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