Connect with us

Hi, what are you looking for?

CleanTechnica

Green Economy

GE Sparks $25 Billion In 2012 Revenue From Ecomagination R&D Investments

GE’s investment in its Ecomagination program, which was launched in 2005, has generated a total of over $130 billion of revenue since then. Last year, it invested almost $2 billion in the program and got back $25 billion in revenue.

GE confirmed that the program even exceeded its goal of growing revenues at twice the rate of total company revenue within five years.

Of course, as part of all this, GE’s carbon footprint has been reduced considerably.

“GHG emissions were lowered to 4.88 million metric tons (MT) of CO2equivalents, a reduction of 32% from our adjusted 2004 baseline,” GE wrote in its Our Global Impact overview.

“In 2012, GE’s energy intensity improved 32% from the 2004 baseline year (measured as energy/$ revenue).”

“Ecomagination is the way GE works. It is embedded in our research, our product development and our operations,” said Deb Frodl, the global executive director of Ecomagination. “It has helped our customers save billions of dollars while significantly reducing their environmental impact.”

This is just another indication that “being greener” can actually mean much more in profits and financial benefit.

 
Appreciate CleanTechnica’s originality? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.
 
 

Advertisement
 
Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.

Written By

writes on CleanTechnica, Gas2, Kleef&Co, and Green Building Elements. He has a keen interest in physics-intensive topics such as electricity generation, refrigeration and air conditioning technology, energy storage, and geography. His website is: Kompulsa.com.

Comments

You May Also Like

Offshore Wind Energy

The U.S. Department of Energy’s (DOE) Wind Energy Technologies Office (WETO) provides global leadership in fundamental wind energy science research, development, and validation activities...

Clean Power

Offshore wind holds great promise as a source of clean, domestic, renewable energy that can meet the needs of communities along the nation’s coastlines....

Clean Power

China's natural experiment in deploying low-carbon energy generation shows that wind and solar are the clear winners.

Clean Power

Standing hundreds of feet above ground, wind turbines — like tall trees, buildings, and telephone poles — are easy targets for lightning. Just by...

Copyright © 2021 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.