ge’s strategy for a low carbon industry “ecomagination” · ecomagination commitments and...
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GE’s strategy for a low carbon industry
“Ecomagination”in action at GE Healthcare-Lindesnes
Ian Dale,General Manager, Global Supply ChainLife Science – Core ImagingGeneral Electric Healthcare
Prosin Arendal Norway, August 18th 2015
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GE 2014 form 10k
GEOverview
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GE AVIATION GE TRANSPORTATION
GE ENERGYMANAGEMENT
GE CAPITAL
GE HEALTHCAREGE OIL & GAS GE POWER & WATER
GE HOME & BUSINESSSOLUTIONS
HeritageTodayGE Overview
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This is GE Industrial(GE – GE Capital)
GE 2014 form 10k
Fast Facts GEHealthcare
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CoE
MajorNordiclocations
GE has been active in the Nordicregion for 50 years.
6,000 employees
Revenue $2.3B (2013)
Exports of $2.9B (2013)
General Electricin the Nordic RegionGeneral Electricin the Nordic Region
CoE
CoE
CoE
CoE
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“At GE our sustainability approachis embedded in the way we workwithemployees, customers, suppliersandinvestors; the technology we create;and the philanthropic partnershipswe support.”- Jeff Immelt, Chairman and CEO, GE, 2005
Ecomagination
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Goals for 2015
2014 Progress
Grow 2xGE’s
revenues
Grow 2xGE’s
revenues
22Reduce GHGemissions by
25%
Reduce GHGemissions by
25%
33Reduce GE’s
energyintensity by
50%
Reduce GE’senergy
intensity by50%
44Reduce fresh
waterconsumption
by 25%
Reduce freshwater
consumptionby 25%
Double R&Dto $15B from2010-2015
Double R&Dto $15B from2010-2015
11
$25 billion inrevenues
2013
$25 billion inrevenues
2013
22GHG
emissionsreduced 32%
GHGemissions
reduced 32%
33Energyintensity
reduced 31%
Energyintensity
reduced 31%
44Fresh wateruse reduced
45%
Fresh wateruse reduced
45%$12 billion inR&D to date$12 billion inR&D to date
11
55
55
Ecomagination commitments and progress
Launched in 2005, Ecomagination is more than a corporatesustainability
program. Core to our business strategy, it considers our value chain,delivers solutions to our customers and provides increased productivity
in a volatile world.
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Managing Sustainability- Embedded in Our Culture
GE OPERATINGRHYTHM
• functional expertise• operational mgt
Process
talented & passionateemployees
People
• ecomagination• healthmagination• green ventures
Products
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Precision Diagnostics…
Regenerativemedicine
…
We enable precise clinical decisionsby providing advancedin-vivo & in-vitrodiagnostics
We drive end-to-endcustomer productivity &capacity in globalbiopharmaceutical manufacturing
We create the future ofregenerative medicine & celltherapy with customers by
providing novel technologies& methods
We empower researcherswith innovative tools &analyticsfor protein, genetic & cell-
based research &development
GE Healthcare Life SciencesAccelerating molecular & precision medicine
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Contrast Media Molecular-Imaging SPECT
Molecular-Imaging PET
PET
*
X-Ray/CT MRI
Ultrasound
SPECT
TargetedSPECT
TargetedSPECT
Life Sciences Core ImagingImaging Agent Portfolio
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1974 GE Healthcare’s TopEnergy ConsumerLindesnes Plant
- The Worlds largest producer of drugsubstances for Contrast Agents , 30% of X-rayworld market.
- Injected into 2 patients /sec (~170 000 per day!)
• Employees: 340 people• Annual energy consumption approx. 120 GWh
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Ambitious Ecomagination targets were set andGE Healthcare Lindesnes has jumped
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• GE’sEcomaginationprogram
• Energy reduction• CO2 reduction• ENOVA &
InnovationNorway Support
• Work ForceCommitment
The Climate, The Environment............and business hand inhand
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Energy Reduction Results
49%
70%
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Reduction of CO2 Emissions
51%
90%
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http://reports.weforum.org/global-competitiveness-report-2014-2015/the-measurement-of-sustainable-competitiveness/
Work Force Engagement……………………………Norway is wellpositioned Global Competiveness Index• Education / Competence(relevant for Industry) and generallyhigh technology acceptance
• Geopolitical stability(e.g. low strike frequency)
• Predictable financialconditions(e.g. stable and not too strongNOK and competitive tax levels)
• Local company culturesCollegial spirit based on socialequality and high employer loyalty
• Culture to hunt productivityBased on high willingness tosupport change, supported byhigh social security.
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Continuous focusOn day to day activities & technology
Utility
Daily operation
Process
• Improvements that do not cost money• Improvements cost & have large energy
saving• Improvements that need support from
government bodies Innovation Norway andENOVA
• Can the energy usage be removedthrough process improvements?
• Can the energy usage be removedthrough process changes?
• Can the energy be used one more timeinternally?
• Can the energy be used one more timeexternally?
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18GE Title or job number
8/19/2015
Energy Award to GEHC LindesnesSaving NOK 50 mill per annum
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Ecomagination at Lindesnes
Competitive Ambition+ Culture of Productivity
+ Sense of Unease+Sense of Purpose
=Competitiveness=Low Carbon Industry
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Investing $10B in cleaner technology R&D1
Reduce GHG emissions and freshwater use by 20%, from the 2011baseline2
2020 commitments
Natural Gas RenewableEnergy
Power Plants• Develop alternative
technologies to replacewater in the hydraulicfracturing process
• Reduce the cost andincrease the output of GEwind turbines to lowerwind power generationcosts
• Innovate and advancesolutions to increasepower plant efficiencies
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MaximizeEnvironmental
Resources
DriveEconomic
Performance
Improving Customer Outcomes
… and creating a world that worksfaster, cleaner, smarter and better
Ecomagination
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22GE Title or job number
8/19/2015
After the team@Lindesnesjumped…….all the others must follow
Climate/environment must go hand inhand... then the green shift will happen
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23GE Title or job number
8/19/2015
Tusen Takk foroppmerksomheten.(Thank you verymuch for yourattention)
Ian Dale