Governance
Strong governance is essential to running our global business. Sustainability efforts are overseen by the GE Vernova Board of Directors and informed by Enterprise Risk Management (ERM) and materiality assessments. Strong policies and processes ensure we deliver for our customers while keeping information about our employees, customers, and suppliers safe.
Board Oversight
The GE Vernova Board of Directors began serving following our spin-off from GE on April 2, 2024. Our Board of Directors brings deep domain expertise and extensive knowledge and proven leadership in energy, sustainability, and supply chain, as well as varied experience as executives and directors of public companies at a global scale. The GE Vernova Board has delegated certain responsibilities related to sustainability matters to its four committees, the members of which are all independent directors:
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Audit Committee
The Audit Committee is responsible for overseeing reports of our financial results, audit reporting, internal controls, and adherence to our code of conduct in compliance with applicable laws and regulations. The Committee has a role in sustainability matters to the extent that these topics are required in financial and non-financial legal and regulatory reporting, including reporting on carbon emissions to regulatory bodies. The Committee assesses the quality of data in our reporting, and oversees our enterprise risk management process and internal control systems, including those covering risks related to sustainability, climate change, and human rights.
Compensation and Human Capital Committee
The Compensation and Human Capital Committee has responsibility for defining and articulating our overall executive compensation philosophy and oversees key compensation policies, which may include sustainability metrics. The Committee also periodically reviews our strategies and policies related to human capital management, including with respect to matters such as inclusion; workplace environment and culture; and talent recruitment, development, engagement, and retention.
Nominating and Governance Committee
The Nominating and Governance Committee is devoted primarily to the continuing review, definition, and articulation of our governance structure and practices. It resolves conflicts of interest involving a GE Vernova Director or an executive officer, and reviews and considers stockholder proposals and director nominees, if received. This Committee also oversees the manner in which we conduct our public policy and government relations activities, including policies and guidelines regarding our political contributions, lobbying activities, and contributions to trade associations and other tax-exempt organizations that may engage in political activity. This Committee further periodically reviews legislative, regulatory, and public policy matters that could be significant to the Company.
Safety and Sustainability Committee
The Safety and Sustainability Committee is responsible for overseeing our environmental, health, and safety programs and initiatives, as well as sustainability matters, including those related to environmental issues, climate change and human rights. It reviews and oversees our position on issues of corporate social responsibility, public policy statements, and external sustainability reporting, including the disclosure of climate change risks and opportunities and other environmental, social, and governance issues. The Committee also reviews significant political, legislative, regulatory, and public policy trends in sustainability that could affect our business operations, performance, and reputation.
GOVERNANCE TOPICS
Our sustainability priorities and initiatives are an integrated part of the company’s overall strategy and risk management.
Policy, Advocacy, and Engagement
Our advocacy efforts include strong support for advancing energy security, enabling affordable and reliable access to electricity globally, and reducing emissions intensity in line with decarbonization goals. In 2024, we focused on educating policymakers on the formation of GE Vernova and spin-off from GE, the products we offer, our U.S. and global footprints, and our unique policy perspectives as a U.S.-headquartered energy manufacturer with significant global presence. We have created an identity for our Company that reflects our expert leadership and willingness to advance energy affordability, reliability, and security as we seek to help electrify and decarbonize the world. We worked to increase capacity and build-out for power generation and grid technologies, ramp up manufacturing might and economic growth, and provide a secure energy system for all.
THE COP COLLECTION
The COP Collection spotlights policy makers, industry leaders, academia, startups, technology providers, innovators and community organizations that are collaborating to enable the energy transition around the world, while promoting a systems-wide approach to tackling this challenge.
DISCOVER OUR FULL LIST OF REPORTS AND DATA
GE Vernova published its second sustainability report on June 17, 2025. You can find all of our sustainability related reports and policies in our reports and data hub.
