{"id":13304,"date":"2023-07-05T18:27:00","date_gmt":"2023-07-05T18:27:00","guid":{"rendered":"https:\/\/www.esgtoday.com\/ge-appliances-releases-annual-report\/"},"modified":"2023-07-05T18:27:00","modified_gmt":"2023-07-05T18:27:00","slug":"ge-appliances-releases-annual-report","status":"publish","type":"post","link":"https:\/\/www.esgtoday.com\/ge-appliances-releases-annual-report\/","title":{"rendered":"GE Appliances Releases Annual Report"},"content":{"rendered":"<p class=\"bwalignc\">\nOutlines progress through innovation, inclusivity, and infinite possibilities <i>brought to life through company\u2019s voice, action, brands and people<\/i><\/p>\n<p>LOUISVILLE, Ky.&#8211;(BUSINESS WIRE)&#8211;GE Appliances, a Haier company (GEA), unveiled its dynamic new <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&#038;url=https%3A%2F%2Fwww.geappliancesco.com%2Fge-appliances-report-2022&#038;esheet=53440037&#038;newsitemid=20230705981921&#038;lan=en-US&#038;anchor=GE+Appliances+Report&#038;index=1&#038;md5=fdb5a172b7bd4a388583746f1ad2b74c\" rel=\"nofollow noopener\" shape=\"rect\">GE Appliances Report<\/a> showcasing the company\u2019s economic impact, environmental, social and governance efforts, new products and its employees that are consistently making the world\u2019s best appliances and helping the company achieve national rankings as one of the best places to work in the United States (U.S.). It also unveils business progress through the lens of innovation, inclusivity and infinite possibilities brought to life through the company\u2019s voice, action, brands and people.<\/p>\n<p><a href=\"https:\/\/mms.businesswire.com\/media\/20230705981921\/en\/1834384\/5\/2022_Report.jpg\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230705981921\/en\/1834384\/21\/2022_Report.jpg\"><\/a><br \/><a href=\"https:\/\/mms.businesswire.com\/media\/20230705981921\/en\/1834384\/5\/2022_Report.jpg\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230705981921\/en\/1834384\/22\/2022_Report.jpg\"><\/a><br \/><a href=\"https:\/\/mms.businesswire.com\/media\/20230705981921\/en\/1601882\/5\/GEA_Logo_MediumBlue_SteelBlue_Vertical.jpg\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230705981921\/en\/1601882\/21\/GEA_Logo_MediumBlue_SteelBlue_Vertical.jpg\"><\/a><br \/><a href=\"https:\/\/mms.businesswire.com\/media\/20230705981921\/en\/1601882\/5\/GEA_Logo_MediumBlue_SteelBlue_Vertical.jpg\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230705981921\/en\/1601882\/22\/GEA_Logo_MediumBlue_SteelBlue_Vertical.jpg\"><\/a><\/p>\n<p>\n\u201c<!-- no quote -->At GE Appliances, we&#8217;re more than an appliances company,\u201d said Kevin Nolan, president and CEO of GE Appliances, a Haier company. \u201c<!-- no quote -->We&#8217;re industry trailblazers and community change-makers fueled by the passions of a world-class team that always looks for a better way. This report shares our story, and through it, we invite everyone to see how we&#8217;re making a difference through investments that matter in the places where we live, work, and do business.\u201d<\/p>\n<p>\n<span class=\"bwuline\"><b><a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&#038;url=https%3A%2F%2Fwww.geappliancesco.com%2Fcontent%2FGEA_Economic_Impact_Report_2022.pdf&#038;esheet=53440037&#038;newsitemid=20230705981921&#038;lan=en-US&#038;anchor=Economic+Development+Highlights&#038;index=2&#038;md5=e2ca7c778526ecceefd7975b2af30ad7\" rel=\"nofollow noopener\" shape=\"rect\">Economic Development Highlights<\/a><\/b><\/span><\/p>\n<ul class=\"bwlistdisc\">\n<li>\nIn 2022, GE Appliances contributed $24.5 billion to the US Gross Domestic Product.<\/li>\n<li>\nGE Appliances helped create 89,000 additional jobs in the US from 2016-2022.<\/li>\n<li>\nOver the last five years, the company has invested $2 billion in its US operations helping to double the size of the business and hire 4,000 new associates.<\/li>\n<li>\nGE Appliances spends $4.9 billion with 6,300 US suppliers &#8211; a 293% increase in spending and a 233% increase in the number of suppliers since 2016.<\/li>\n<\/ul>\n<p>\n<span class=\"bwuline\"><b><a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&#038;url=https%3A%2F%2Fwww.geappliancesco.com%2Fcontent%2FGEA_Corporate_Citizenship_Report_2022.pdf&#038;esheet=53440037&#038;newsitemid=20230705981921&#038;lan=en-US&#038;anchor=Corporate+Citizenship+Highlights&#038;index=3&#038;md5=e9a3ccd2e8c91c71c53f000fb5dabc5c\" rel=\"nofollow noopener\" shape=\"rect\">Corporate Citizenship Highlights<\/a><\/b><\/span><\/p>\n<ul class=\"bwlistdisc\">\n<li>\nGE Appliances has already exceeded its goal of creating 10,000 US jobs by 2027. Between year-end 2020 and year-end 2022, an additional 14,700 jobs were added to the US economy as a result of the company\u2019s hiring or operations.<\/li>\n<li>\nIn 2022, the company transitioned portable air conditioners to low global warming potential (GWP) refrigerants and stopped production of any air conditioners and dehumidifiers that did not contain low GWP refrigerants.<\/li>\n<li>\nGE Appliances spent $82 million with diverse suppliers in 2022 on its way to spending $1 billion cumulatively with diverse suppliers by 2030.<\/li>\n<\/ul>\n<p>\n<b><span class=\"bwuline\">Other Report Highlights<\/span><\/b><\/p>\n<p>\n<span class=\"bwuline\"><b><a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&#038;url=https%3A%2F%2Fwww.geappliancesco.com%2F2022-annual-report-innovation&#038;esheet=53440037&#038;newsitemid=20230705981921&#038;lan=en-US&#038;anchor=Innovation&#038;index=4&#038;md5=ffbe836d3ece3a8bf531827e3708495b\" rel=\"nofollow noopener\" shape=\"rect\">Innovation<\/a><\/b><\/span><\/p>\n<p>\nThe company is empowering its people to continuously ask \u201cWhat if?\u201d and to always look for a better way.<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nVoice &#8211; The first of its kind partnership in the country, GE Appliances partnered with Greater Louisville Inc. to help grow diverse-owned suppliers in its hometown.<\/li>\n<li>\nActions \u2013 GE Appliances engineers helped create the M100 water chlorinator for WaterStep more than a decade ago, the device has helped provide safe water to communities in need across 70+ countries\u2014and now, its inventors have created an even more efficient model to provide cleaner drinking water even faster to more people.<\/li>\n<li>\nBrands &#8211; The smartest mixer in the USA is disrupting the industry by making it possible for anyone to be an expert baker with cutting-edge technology that gives even beginning bakers the confidence to mix, whip, cream and emulsify to perfection pastries every time.<\/li>\n<li>\nPeople \u2013 GE Appliances had adopted technology from the automotive industry to make the manufacturing process of its appliances even more reliable and efficient.<\/li>\n<\/ul>\n<p>\n<span class=\"bwuline\"><b><a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&#038;url=https%3A%2F%2Fwww.geappliancesco.com%2F2022-annual-report-inclusivity&#038;esheet=53440037&#038;newsitemid=20230705981921&#038;lan=en-US&#038;anchor=Inclusivity&#038;index=5&#038;md5=5a34c34299452d6e4e2627786a6e5576\" rel=\"nofollow noopener\" shape=\"rect\">Inclusivity<\/a><\/b><\/span><\/p>\n<p>\nGE Appliances is building a culture that reflects the diversity of its users, employees and communities.<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nVoice \u2013 GE Appliances receives perfect score on Human Rights Equality Index for five years in a row.<\/li>\n<li>\nActions &#8211; Orlando neighborhoods were brought to life with art that inspires creativity and community through a partnership with the Healing Walls Project.<\/li>\n<li>\nBrands &#8211; As a leader in smart home innovation, GE Profile is innovating to meet the needs of older individuals, those living with a disability, and multigenerational households.<\/li>\n<li>\nPeople \u2013 In partnership with Kentucky\u2019s governor, GE Appliances is creating jobs and possibilities in manufacturing for students who may not have a plan for careers after high school.<\/li>\n<\/ul>\n<p>\n<span class=\"bwuline\"><b><a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&#038;url=https%3A%2F%2Fwww.geappliancesco.com%2F2022-annual-report-infinite-possibilities&#038;esheet=53440037&#038;newsitemid=20230705981921&#038;lan=en-US&#038;anchor=Infinite+Possibilities&#038;index=6&#038;md5=505b139fc989c3496bd52683101c53e6\" rel=\"nofollow noopener\" shape=\"rect\">Infinite Possibilities<\/a><\/b><\/span><\/p>\n<p>\nOne thing that sets the company apart from others is seeing the world through the lens of possibilities to create things that make life better at home in meaningful ways.<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nVoice &#8211; By supporting the ideas, aspirations and wellbeing of employees, GE Appliances has become recognized as an employer of choice for top, diverse talent globally and across the U.S.<\/li>\n<li>\nActions &#8211; From vacant property to community asset, now Smoketown Laundry customers can search for jobs or bring their children for tutoring while they are waiting for their loads to finish.<\/li>\n<li>\nBrands &#8211; From Air Fry and Turkey and Steakhouse modes, GE Appliances\u2019 over-the-air updates available on Wi-Fi enabled GE Profile\u2122 and CAF\u00c9 appliances are helping users take the guesswork out of cooking and update their appliances with new features just like they do their smartphones.<\/li>\n<li>\nPeople &#8211; Through \u201cThe Blue Wave\u201d initiative, employees committed to completing 20,000 hours of volunteering over one year with projects across its plant communities, 17 states, India and Korea.<\/li>\n<\/ul>\n<p>\nTo view the entire report, click <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&#038;url=https%3A%2F%2Fwww.geappliancesco.com%2Fge-appliances-report-2022&#038;esheet=53440037&#038;newsitemid=20230705981921&#038;lan=en-US&#038;anchor=here.&#038;index=7&#038;md5=8c7ad505c3c5aef2bb4663f711b20843\" rel=\"nofollow noopener\" shape=\"rect\">here.<\/a><\/p>\n<p>\n<b><span class=\"bwuline\">About GE Appliances<\/span><\/b><\/p>\n<p>\nAt GE Appliances, a Haier company, we come together to make &#8220;good things, for life.&#8221; We&#8217;re creators, thinkers and makers who believe that anything is possible and that there\u2019s always a better way. We\u2019re a company powered by our people, made stronger through our diversity \u2014 allowing us to grow closer than ever before to our owners, anticipate their needs and enhance their lives. We\u2019re certified as a U.S. Great Place to Work \u2122, named one of the Best Companies for Multicultural Women by Seramount (formerly Working Mother Media), Achievers Top 50 Most Engaged Workplaces, received a perfect score for the fifth year in a row on the Human Rights Campaign\u2019s Corporate Equality Index, and named one of the top 100 Internship Programs by Way Up.<\/p>\n<p>\nSince 1907, we\u2019ve built innovative, quality products that are trusted in half of all U.S. homes. We sell appliances under the Monogram\u00ae, Caf\u00e9\u2122, GE Profile\u2122, GE\u00ae, Haier and Hotpoint brands. Our products include refrigerators, freezers, cooking products, dishwashers, washers, dryers, wine &#038; beverage centers, air conditioners, small appliances, water filtration systems and water heaters. To learn more about our company, our brands, our Corporate Citizenship efforts, our economic impact, and working for GE Appliances visit <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&#038;url=http%3A%2F%2Fwww.geappliancesco.com&#038;esheet=53440037&#038;newsitemid=20230705981921&#038;lan=en-US&#038;anchor=www.geappliancesco.com&#038;index=8&#038;md5=362c2a02445bf2f3973b630195101912\" rel=\"nofollow noopener\" shape=\"rect\">www.geappliancesco.com<\/a>.<\/p>\n<p>\n<i>Be sure to follow us on <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&#038;url=https%3A%2F%2Ftwitter.com%2FGEAppliancesCo&#038;esheet=53440037&#038;newsitemid=20230705981921&#038;lan=en-US&#038;anchor=Twitter&#038;index=9&#038;md5=97b8baddf94d555518af88094db30c1f\" rel=\"nofollow noopener\" shape=\"rect\">Twitter<\/a>, <\/i><a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&#038;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fgeappliancesco%2F&#038;esheet=53440037&#038;newsitemid=20230705981921&#038;lan=en-US&#038;anchor=Linkedin&#038;index=10&#038;md5=0f33e648806f93d69fb2bdf5d9d12a9a\" rel=\"nofollow noopener\" shape=\"rect\"><i>Linkedin<\/i><\/a><i>, and <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&#038;url=https%3A%2F%2Fgeappliancesco.com%2F&#038;esheet=53440037&#038;newsitemid=20230705981921&#038;lan=en-US&#038;anchor=geapplianceso.com&#038;index=11&#038;md5=a1b30bc5830b782d894a647bbda77f50\" rel=\"nofollow noopener\" shape=\"rect\">geapplianceso.com<\/a> for even more news and updates from GE Appliances.<\/i><\/p>\n<p> <b>Contacts<\/b> <\/p>\n<p>\nAllison Martin<br \/>\n<br \/><a target=\"_blank\" href=\"mailto:allison.martin@geappliances.com\" rel=\"nofollow noopener\" shape=\"rect\">allison.martin@geappliances.com<\/a><br \/>502-452-4198<\/p>\n<!--themify_builder_content-->\n<div id=\"themify_builder_content-13304\" data-postid=\"13304\" class=\"themify_builder_content themify_builder_content-13304 themify_builder tf_clear\">\n    <\/div>\n<!--\/themify_builder_content-->\n<span class=\"et_bloom_bottom_trigger\"><\/span>","protected":false},"excerpt":{"rendered":"<p>Outlines progress through innovation, inclusivity, and infinite possibilities brought to life through company\u2019s voice, action, brands and people LOUISVILLE, Ky.&#8211;(BUSINESS WIRE)&#8211;GE Appliances, a Haier company (GEA), unveiled its dynamic new GE Appliances Report showcasing the company\u2019s economic impact, environmental, social and governance efforts, new products and its employees that are consistently making the world\u2019s best [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":13305,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[72],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8.1 - 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