GE Healthcare is a leading medical equipment company based in the United States of America. The company operates in the medical equipment sector, providing innovative solutions to healthcare providers around the world. GE Healthcare has a strong commitment to sustainability and is actively working towards decarbonisation through the use of renewable energy and corporate energy initiatives.
One of the key ways that GE Healthcare is working towards decarbonisation is through the use of renewable energy. The company has set a goal to achieve 100% renewable energy by 2020 and has made significant progress towards this goal. GE Healthcare has invested in a number of renewable energy projects, including wind and solar, to help reduce its carbon footprint and promote sustainable energy practices.
In addition to investing in renewable energy, GE Healthcare is also working to reduce its overall energy consumption through corporate energy initiatives. The company has implemented a number of energy efficiency measures, such as upgrading lighting and HVAC systems, to reduce its energy consumption and lower its carbon emissions. These initiatives not only help the company to reduce its environmental impact, but also help to lower operating costs and improve the bottom line.
Another key initiative that GE Healthcare has implemented to support decarbonisation is the use of corporate power purchase agreements (PPAs). PPAs are long-term contracts between a company and a renewable energy provider, which allow the company to purchase renewable energy at a fixed price over a set period of time. This helps to provide a stable revenue stream for renewable energy providers, while also allowing companies like GE Healthcare to reduce their carbon footprint and promote sustainable energy practices.
GE Healthcare has entered into a number of corporate PPAs to support its renewable energy goals. For example, the company has signed a PPA with a wind farm in Oklahoma, which will provide enough renewable energy to power all of GE Healthcare's operations in the United States. This PPA will help to reduce the company's carbon footprint by over 9,000 metric tons per year, which is equivalent to taking nearly 2,000 cars off the road.
Overall, GE Healthcare is a leader in the medical equipment sector and is committed to promoting sustainable business practices. Through its investments in renewable energy, corporate energy initiatives, and corporate PPAs, the company is working towards decarbonisation and reducing its environmental impact. As the world continues to face the challenges of climate change, companies like GE Healthcare will play an important role in promoting sustainable business practices and helping to create a more sustainable future for all.