- link Copy Url - [ Share on twitter ](https://twitter.com/intent/tweet?text=Technology for Good: GE Evolves from Financier to Green Tech Start-Up Investor https://www.3blmedia.com/markdownify/node/27336?absolute=1&via=3blnews "link to 3 B L Media's Twitter") - [ Share on linkedin ](https://www.linkedin.com/shareArticle?mini=true&url=https://www.3blmedia.com/markdownify/node/27336?absolute=1 "link to 3 B L Media's Linkedin") - [ Share on facebook ](https://www.facebook.com/sharer/sharer.php?u=https://www.3blmedia.com/markdownify/node/27336?absolute=1 "link to 3 B L Media's Facebook") - [ email Share via email ](mailto:?subject=Technology for Good: GE Evolves from Financier to Green Tech Start-Up Investor&body=ESG News from General Electric (GE) https://www.3blmedia.com/markdownify/node/27336?absolute=1 "Share via email") [Sustainable Finance & Socially Responsible Investment](/CSR-News/sustainable-finance-socially-responsible-investment) # Technology for Good: GE Evolves from Financier to Green Tech Start-Up Investor May 14, 2012 7:00 PM ET Campaign: [GE Citizenship](/news/campaign/ge-citizenship) [Technology for Good: GE’s Evolution from Financier to Green Tech Start-up Inves…](http://www.triplepundit.com/2012/03/technology-for-good-ge-finance/) In 1905 GE established the Electric Bond and Share Company to provide financing to small local utilities. Already in business for a quarter century by that year, GE realized that capital flow and capital were crucial for conducting business. Since that venture into a space that had traditionally been left to banking, GE’s financial services have morphed into a global power in its own right. Over a century later, that precursor to GE Capital now employs over 60,000 people and manages more than half a trillion dollars in assets. Its portfolio is both huge and diverse: aviation, communications, entertainment, healthcare and real estate are among the businesses in which GE regularly finances. Over 90 years after its earliest origins, GE had a crucial role in resolving the financial crisis that rocked Asian banking systems. In 1998, GE Commercial Finance developed a rapid valuation process that bundled 30,000 loans from 56 different firms. Developed at the time enormous loan auctions were held in Asia to restore liquidity, this approach helped stabilize global markets. [To read how GE has evolved, visit Triple Pundit.](http://www.triplepundit.com/2012/03/technology-for-good-ge-finance/) [![](/sites/default/files/Clients/general%2Belectric%2Blogo.gif)](/profiles/general-electric-ge) ### More from General Electric (GE) ###### [GE Africa and Jeff Immelt Recognized at Ai Investment & Business Leader Awards 2014](/news/ge-africa-and-jeff-immelt-recognized-ai-investment-business-leader-awards-2014) Oct 23, 2014 3:30 PM ET ###### [Lighting Up Baja: A Deadly Hurricane Knocked Cabo Hard, But Recovery Crews Didn’t Stay Down for the Count](/news/lighting-baja-deadly-hurricane-knocked-cabo-hard-recovery-crews-didnt-stay-down-count) Oct 23, 2014 10:00 AM ET ###### [GE Shortlisted for Responsible Business Award](/news/ge-shortlisted-responsible-business-award) Oct 8, 2014 3:30 PM ET ###### [GE Releases 2013 Progress Against Sustainability Commitments](/news/ge-releases-2013-progress-against-sustainability-commitments) Jun 30, 2014 8:30 PM ET ###### [ General Electric and Ashoka Changemakers Award $75K to Innovators Advancing Economic Equality for Women in the Middle East and North Africa](/news/general-electric-and-ashoka-changemakers-award-75k-innovators-advancing-economic-equality) Jan 22, 2014 4:00 PM ET ###### [ The Civic 50: Creating a Framework for Real Shared Value](/news/civic-50-creating-framework-real-shared-value) Jan 17, 2014 3:00 PM ET ###### [ A Women’s World: About Virtual Offices and Gender Gyms](/news/womens-world-about-virtual-offices-and-gender-gyms) Jan 8, 2014 11:45 AM ET ###### [MENAT: Business and Human Rights, Gender, and Migration Challenges](/news/menat-business-and-human-rights-gender-and-migration-challenges) Dec 11, 2013 1:00 PM ET