Fact Sheet India’s Citizenship Priorities: GE Corporate Citizenship www.ge.com/citizenship Commit to high ethical standards; create world-class products and solutions; contribute to environment management solutions; provide better health for more people at a lower cost India Leadership Perspective At GE, being a good corporate citizen is a full-time commitment. Everyone at GE is both an employee and a global ambassador for the Company as each employee represents GE with the same level of integrity and code of conduct as instilled by The Spirit & The Letter. GE approaches citizenship with the same set of goals, strategies and accountability that drives the other parts of the business. The Company believes corporate citizenship is the inextricable link between integrity and performance to the point that they become one and the same, making responsible citizenship a natural part of the way GE works. Philanthropy and Volunteerism The GE Foundation donated more than $500,000 to organizations in India through international grants from 2005 – 2009. In 2009, over 5,000 GE volunteers contributed over 17,500 hours for community development in the areas of education, environment and healthcare. These hours were spent completing projects through partnerships with NGOs supporting relief to those affected by the Bihar Flood, providing drinking water for Tsunami hit villages, donating computers and other events. There are five GE Volunteers councils in India, which are located in Chennai, Bangalore, Hyberdad, Mumbai and Delhi. John L. Flannery, President & CEO At GE, we understand that we have a responsibility to continue producing innovative solutions to help solve some of the world’s most difficult problems, while adhering to the company’s strong ethical standards. GE’s Consumer & Industrial (C&I) business in India offers innovative solutions to meet customer needs in power protection, power quality and lighting systems. C&I in India also includes the India Innovation Centre, which creates world-class products and solutions. GE also has one of its four John F. Welch Technology Centres in Bangalore, India. The centre has more than 3,500 employees working to provide critical technology, research and development for GE’s global businesses. The centre is focusing on energy savings with more than four projects resulting in direct savings of around 6,400 tons per year of greenhouse gas. It is also focusing on reducing its water use and waste generation. The center upgraded the site’s wastewater treatment plant, modified plumbing networks and reworked water needs for gardening, generating fresh water savings of about 18.25 million liters per year. GE Presence in India GE installed India’s first hydropower plant in 1902. Today, GE’s global businesses have a prominent presence in the country through its wide range of manufacturing, services and technology businesses. GE’s presence in India includes its GE Commercial Finance India business, which is one of India’s leading non-banking financial companies, and GE’s first seawater desalination plant in India from Tata chemicals. GE also has its GE90 engines powering Air India’s flights to the United States and Jet Airways new Boeing 777 airplanes. India’s model bio gas plant is backed by GE Jenbacher engines and was rated the “Best Green Power Plant” in Asia. Top 5 cities in India with GE presence: Delhi, Bangalore, Hyderabad, Mumbai & Chennai Employees: 12,430 © 2010 General Electric Company Revenue in 2009: $1.7 billion USD 1 Signature Programs Environment, Health & Safety and Supplier Training GE’s Environment, Health & Safety (EHS) leaders, the Department of Factories and Boilers, and a local trade union organized an EHS training program for trade union leaders in Bangalore. The training’s purpose was to raise awareness of regulatory requirements and improve factory safety. GE also organized EHS training for their suppliers in India. India Rural Electrification Program Currently, 56% of India’s 700 million rural residents lack adequate, reliable power supplies. In response, GE partnered with the U.S. Agency for International Development (USAID) to implement a Rural Electrification Program to help bring electricity to thousands of people in rural India. GE also pledged to support the “Power to All by 2012” and “Rural Electrification/Rural Business Hub” initiatives launched by the Indian government. The GE Rural Electrification Program for India is incorporating a number of renewable energy technologies from GE Energy’s ecomagination portfolio. Improving Supplier EHS: Powergear Ltd. By striving to meet GE’s expectations of its suppliers, Powergear Ltd. of Bangalore, India transformed its approach to EHS. As a result, Powergear gained a competitive advantage in the marketplace. A supplier to GE since 1997, Powergear employs 350 people and manufactures custom-built power generating equipment. The company did not have a formal EHS program prior to its involvement with GE. Over the years, GE advisors have worked on-site to help Powergear identify its EHS issues and develop solutions to address them. GE provided training to all levels of Powergear employees on topics ranging from EHS awareness to emergency preparedness. Results include: • 160 employees participated in more than 2,000 hours of training delivered by GE and the Central Board of Workers Education, including a one-day EHS culture change session. • Powergear implemented more than 30 EHS improvements, achieving a 67% reduction in accidents since 2005. Powergear has seen a 5-15% increase in productivity over the past five years, due in part to the EHS efforts. Business Strategy Ecomagination (www.ecomagination.com) GE in India’s ecomagination efforts include eco-friendly aviation and locomotive engines, cleaner coal technologies, efficient gas turbines, sustainable and renewable energy solutions for rural areas, water treatment solutions, and technologies to meet some of the most pressing needs in the automotive and industrial sectors. Specifically, GE in India developed a solar-powered fresh water purification system to assist the long-term recovery and relocation efforts of tsunami-affected remote villages in southern India. GE in India also partnered with Air India to help the airline achieve its goal of becoming environmentally sustainable. GE delivered engines ranging from the GE90-115B engines for the Boeing 777-300ERs and the GEnx engines for the Boeing 787-800 aircraft. GE has committed to an investment of up to $150 million in “eco-related” research & development at its Technology Center (JFWTC) in Bangalore over the next 5 years. Healthymagination (www.healthymagination.com) GE in India launched two 'In India for India' products as part of its healthymagination efforts. GE in India’s healthcare R&D team focuses on increasing simple, cost effective solutions for India and other emerging countries, while finding ways to reduce costs of healthcare solutions. Several new products are expected to be launched from India in the coming months. Another important initiative is public private partnerships with State Governments to increase healthcare access. For example, GE is helping to provide quality care to expectant mothers, during delivery and newborn care, through its work with a primary health centre in South India. This is expected to become a model primary care centre. For more information, please contact: Purnima Sahni Mohanty, Communications Director General Electric, India 91.11.41.555.303, purnima.sahinimohanty@ge.com © 2010 General Electric Company Frank Mantero, Director, Corporate Citizenship Programs General Electric, Fairfield, Connecticut (USA) 203.373.3534, frank.mantero@ge.com 2