Company Directory - GE Vernova
Company Details - GE Vernova
GE Vernova
WebsiteGE Vernova is a global leader in the electric power industry, providing products and services that generate, transfer, convert, and store electricity across three business segments: power, wind, and electrification.
CCI Score
CCI Score: GE Vernova
28.89
-0.02%
Latest Event
GE Vernova PAC Contributions to Federal Candidates
GE Vernova’s PAC donated $42,500 to federal candidates during the 2023-2024 election cycle, reflecting political contributions that can support candidates with authoritarian leanings and undermine democratic accountability.
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DISSENTER
GE Vernova is currently rated as a Dissenter.
Latest Events
- FEB062025
GE Vernova’s PAC donated $42,500 to federal candidates during the 2023-2024 election cycle, reflecting political contributions that can support candidates with authoritarian leanings and undermine democratic accountability.
-40
Political Contributions and Lobbying Efforts
March 21
The $42,500 donation by GE Vernova's PAC illustrates corporate political spending that can influence federal politics. From an anti-fascist perspective, such contributions may empower candidates who promote policies aligned with authoritarian interests, thus eroding democratic norms and accountability.
- MAY012024
GE Vernova released a detailed statement for the 2024 Canada Modern Slavery Act outlining its comprehensive human rights program and due diligence processes in its supply chain, representing a robust commitment to ethical labor practices and supplier integrity.
+80
Labor Relations and Human Rights Practices
March 21
GE Vernova’s statement clearly demonstrates a strong commitment to upholding labor rights and preventing forced labor by outlining rigorous due diligence, thorough supplier assessments, and comprehensive training programs. This approach reinforces ethical labor practices and aligns with anti-fascist priorities in protecting worker rights.
+80
Supply Chain Ethics
March 21
The document emphasizes rigorous supply chain due diligence through extensive supplier assessments, on-site audits, and continuous monitoring. These robust practices ensure that human rights abuses such as forced labor are proactively prevented, highlighting GE Vernova’s commitment to supply chain ethics.
- FEB262024
GE Vernova’s Grid Solutions business partners with Dragos to integrate cybersecurity measures into grid automation, strengthening electric grid defenses and protecting critical infrastructure from cyber threats. This initiative contributes to democratic resilience by safeguarding essential services from potential abuse.
+80
Technology and Services Impact
March 21
The technology partnership enables GE Vernova to offer advanced cybersecurity solutions in grid automation, enhancing protection for critical infrastructure. This proactive measure helps prevent vulnerabilities that authoritarian regimes or malicious actors might exploit, thereby contributing positively to the resilience of democratic institutions. The move stands out as a robust defense initiative in a highly digital and interconnected energy sector.
GE Vernova and Dragos Team Up to Protect Electric Grids from Cyber Threats
- NOV012023
GE Vernova's PAC profile indicates that it raised $82,080 during the 2023-2024 election cycle. This financial activity reflects the company's involvement in political contributions, which can be leveraged to influence policy outcomes and support corporate interests that may facilitate authoritarian practices.
-20
Political Contributions and Lobbying Efforts
March 21
The data from OpenSecrets shows GE Vernova raised over $82K, indicating active participation in political fundraising. From an anti-fascist perspective, such involvement in political financing raises concerns about corporate influence over policy-making, particularly if funds are used to support lawmakers or policies that could promote authoritarian or corporate-favorable agendas.
- OCT012023
GE Vernova demonstrates progressive corporate behavior by leveraging its sustainability management system to engage in robust advocacy and lobbying on energy transition policies. The company aligns its efforts with global climate goals and the Paris Agreement, indicating a commitment to advancing energy security and clean energy initiatives.
+80
Public and Political Behavior
March 21
GE Vernova’s sustainability governance explicitly outlines its direct and indirect policy engagement, including lobbying efforts focused on the Energy Transition. This engagement is framed around progressive environmental and energy security goals and supports international commitments like the Paris Agreement. Such proactive political involvement is viewed positively in the context of opposing authoritarian and fascist influences by championing sustainable, democratic policy reforms.
- FEB012023
GE Vernova implements a comprehensive ethical supply chain program designed to ensure suppliers meet rigorous social, environmental, and labor standards, reinforcing GE's commitment to ethical business practices as a signatory of the UN Global Compact.
+80
Supply Chain Ethics
March 21
GE Vernova's ethical supply chain program emphasizes rigorous due diligence and risk-based audits, ensuring that suppliers comply with strict guidelines regarding environmental protection, labor rights, and human rights. The program's proactive approach—including contractual commitments to the GE Integrity Guide and continuous auditing—supports sustainable sourcing and minimizes risks of unethical practices.
+75
Labor Relations and Human Rights Practices
March 21
The program also reinforces GE Vernova's commitment to labor rights and human rights by mandating safe working conditions and the prohibition of forced, child, or prison labor. By embedding these standards into supplier contracts and auditing processes, GE Vernova actively supports worker protections and ethical labor practices.
- JAN012023
GE Vernova's policy on political contributions details its use of the GE Political Action Committee (GEPAC) to support candidates and committees. While the policy emphasizes nonpartisan contributions, rigorous legal compliance, and internal oversight, the very use of corporate funds in the political arena remains a tool that can amplify corporate influence in politics, which from an anti-fascist perspective poses concerns about undermining democratic accountability.
-20
Political Contributions and Lobbying Efforts
October 10
The policy documents GE Vernova's approach to political contributions, which, despite being legally compliant and run on a nonpartisan basis, still represents an exercise of corporate influence in politics. This influence, even when transparent and overseen, has the potential to sway public policy in ways that can benefit corporate interests over democratic ideals. From a left-leaning anti-fascist viewpoint, such corporate political engagement, while not overtly authoritarian, nonetheless undermines democratic processes by increasing corporate leverage in political decision-making.
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Industries
- 221118
- Other Electric Power Generation
- 237130
- Power and Communication Line and Related Structures Construction
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- Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use
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- Engineering Services