GE Sustainability Strategy saves company £81 million

Mar 1, 2011 11:00 AM ET

GE Sustainability Strategy saves company £81 million

GE has saved £81 million since implementing a comprehensive sustainability strategy five years ago, GreenWise reports. This success is credited to the company's ecomagination program, a business initiative aimed at building innovative solutions to meet the demand for more energy efficient products.

Mark Elborne, GE President and CEO of UK, Benelux and Ireland is quoted as saying that "Clean solutions can and should drive profitability and growth while also making the planet a better place."

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About GE
GE (NYSE: GE) is an advanced technology, services and finance company taking on the world’s toughest challenges. Dedicated to innovation in energy, health, transportation and infrastructure, GE operates in more than 100 countries and employs about 300,000 people worldwide. For more information, visit the company's Web site at   Citizenship at GE is more than a program or a set of good intentions - it is a full-time commitment built upon cultural behaviors and actions. These actions are integrated with business strategy and have defined goals, strategies and metrics that make it actionable and accountable.
Citizenship Web site at GE12030