Implementation of technology supports ecomagination initiatives to reduce company's water and carbon footprint
FAIRFIELD, Conn.--02 February 2009-- GE today announced that its new technologies will save the company more than 11 percent of the current annual energy used for cooling at its Ohio data center. In addition, the new solution will save two to three million gallons of water -- or 20 percent -- while also reducing use of water treatment chemicals at the facility by 50 percent.
Bijak Dana Perempuan, its flagship young program to empower women with financial knowledge and skills, gets boost with 3 accolades within last 3 months
Jakarta, 22 January 2009 -- GE Money's efforts to empower under-privileged women with financial knowledge and skills in Indonesia through its Bijak Dana Perempuan program was recognized with 2 international awards -- Best CSR Program (Retail Banking Awards 2009) and Certificate of Merit (Global CSR Awards).
Abu Dhabi, January 20, 2009 -- Masdar announced today that GE will be an anchor partner in Masdar City. In a joint Masdar-GE agreement, the two companies outlined plans to house a new Ecomagination Centre, focused on sustainable business solutions and to form a broader R&D relationship that will support the development and deployment of new and innovative technologies. This center is part of a multi-faceted strategic partnership signed by Mubadala and GE in July 2008.
Innovative Public-Private Venture Builds Careers and Economy
WASHINGTON--15 January 2009-- The U.S. Army Reserve and GE (NYSE: GE) agreed today to work collaboratively to develop long-term staffing solutions for America's Soldiers and veterans. The partnership, launched under the Army Reserve's Employer Partnership Initiative (EPI), allows both organizations to recruit, train and employ individuals interested in serving the nation and pursuing careers in diverse business industries within GE.
* To manufacture India's first true digital flat panel based X-ray system -- Tejas DR-F under its 'In India, For India' program.
* Digital Flat Panel X-ray proven to provide highest image quality and lower radiation - provides higher safety to patients and healthcare professionals.
* India is home to 60000+ analog, 2 pulse, old x-ray technology.
* Tejas DR-F to cost 40% lower than imported digital X-ray; Can bring in significant operational cost efficiency
* Indian X-ray market is estimated at $ 30 Mn and expected to reach $ 45 Mn by 2011
Giving to Focus on Organizations Providing Basic Needs
FAIRFIELD, Conn.--18 December 2008-- Today, the GE Foundation, the philanthropic organization of the GE Company, announces that it will direct more than $20 million in funding to food and shelter organizations responding to the impact of the economic downturn. Focused on addressing basic needs, these organizations continue to experience significant increases in demand without the proper funding to keep pace with the need.
HAMBURG, Germany & SINGAPORE--15 December 2008-- EPURON Pte. Ltd. Singapore, a regional subsidiary of the Conergy Group in Asia-Pacific, and GE (NYSE: GE) unit GE Energy Financial Services have launched Asia-Pacific's first renewable energy private trust to spur their growth and investments in wind, solar, small hydroelectric, biogas and biomass power generation throughout the region. The Renewable Energy Trust Asia ("RETA") is an investment vehicle focused on the US$7 billion annual renewable energy markets of India, the ASEAN countries and South Korea.
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Honor presented for exceptional workplace safety and health standards
BETHLEHEM, PA---December 12, 2008---The U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) has presented its highest honor for employee health and safety programs, the Voluntary Protection Program (VPP) Star award, to GE Oil & Gas' Easton/Bethlehem facility. The Star award was presented to GE Oil & Gas management and employees during a ceremony today in Bethlehem, PA.
