General Electric : 2021 ESG Framework results

Sustainability Reporting Frameworks

Task Force on Climate-related Financial Disclosures (TCFD)

The following table indicates where we provide climate-related disclosures identified in the TCFD framework. For more detailed discussion, see the referenced documents. We intend to continue mapping our progress as we further develop our sustainability strategy and reporting.

TO P I C	RECOMMENDED DISCLOSURE	RESPONSE OR LOCATION
Governance
Disclose the	a. Describe the board's oversight of climate-related	2021 Sustainability Report: Our process: How GE operates to succeed in our
organization's	risks and opportunities.	mission-Board oversight, pages57-58
governance around		2022 Proxy Statement: Governance-Key Areas of Board Oversight-Enterprise Risk
climate-related risks
and opportunities.		Management, page 20
		GE Governance Principles, page 3
		GE Governance and Public Affairs Committee Charter, page 2
	b. Describe management's role in assessing and	2021 Sustainability Report: Our process: How GE operates to succeed in our
	managing climate-related risks and opportunities.	mission-Board oversight, pages57-58
		2022 Proxy Statement: Governance-Key Areas of Board Oversight-Enterprise Risk
		Management, page 20
Strategy

Disclose the actual and potential impacts of climate-related risks and opportunities

on the organization's businesses, strategy, and financial planning where such information is material.

1. Describe the climate-related risks and opportunities the organization has identified over the short, medium, and long term.
2. Describe the impact of climate-related risks and opportunities on the organization's businesses, strategy, and financial planning.
3. Describe the resilience of the organization's strategy, taking into consideration different climate- related scenarios, including a 2°C or lower scenario.

2021 Form 10-K: Management's Discussion and Analysis of Financial Condition and Results of Operations (MD&A)-Risk factors, pages 37,40

2021 Sustainability Report: Leading the energy transition: Sustainability, reliability

and affordability, pages22-35; Developing the future of flight: New technology

for sustainability and efficiency, pages42-53; GE Research: Innovating toward a more sustainable future, pages54-55; Integrated approach to strategy, risk and sustainability, pages60-63

Risk Management

Disclose how the organization identifies, assesses, and manages climate-related risks.

a. Describe the organization's processes for identifying and assessing climate-related risks.

b. Describe the organization's processes for managing climate-related risks.

c. Describe how processes for identifying, assessing, and managing climate-related risks are integrated into the organization's overall risk management.

2021 Sustainability Report: Integrated approach to strategy, risk and sustainability- GE's enterprise risk management framework, page 60

Metrics and Targets

Disclose the metrics and targets used to assess and manage relevant climate- related risks and opportunities where such information is material.

a. Disclose the metrics used by the organization to assess climate-related risks and opportunities in line with its strategy and risk management process.

b. Disclose Scope 1, Scope 2 and, if appropriate, Scope 3 greenhouse gas (GHG) emissions, and the related risks.

c. Describe the targets used by the organization to manage climate-related risks and opportunities and performance against targets.

2021 Sustainability Report: Key Metrics: Our performance and priorities, pages12-13;

Our innovation and technology: Sustainability at core-GE Power and Renewable Energy's actions toward its 2050 Scope 3 net zero ambition, pages33-35;

GE Aviation's actions toward its 2050 Scope 3 net zero ambition, pages50-53; Climate change, pages91-95

GE 2021 SUSTAINABILIT Y REPORT | 1

Sustainability Accounting Standards Board (SASB)

The following tables indicate where we provide disclosures identified in SASB standards related to our businesses. As a diversified industrial manufacturer, our businesses span several industries, so we have included metrics from the following SASB industry standards: (1) Resource Transformation - Aerospace & Defense, (2) Resource Transformation - Electrical & Electronic Equipment, (3) Renewable Resources & Alternative Energy - Wind Technology & Project Developers, and (4) Health Care - Medical Equipment & Supplies. We have focused our mapping on a limited number of categories that best align with available information and data. We intend to continue mapping our progress as we further develop our sustainability strategy and reporting.

	TO P I C	ACCOUNTING METRIC	CATEGORY	UNIT OF MEASURE	CODE	RESPONSE OR LOCATION
	SASB - Aerospace & Defense
	Table 1. Sustainability Disclosure Topics & Accounting Metrics
	Energy	(1) Total energy consumed,	Quantitative	Gigajoules (GJ),	RT-AE-130a.1	(1) GE Operational Energy Use (million GJ) for
	Management	(2) percentage grid electricity,		Percentage (%)		2021 is 21.5.
		(3) percentage renewable				(2) Total Electricity (in MWh) for 2021
						is 3,030,000.
						(3) Renewable Energy Used (in MWh) for 2021
						is 63,100.
						2021 Sustainability Report: Our performance
						and priorities, page 13; Climate change,page 91.
	Data Security	Description of approach to	Discussion	n/a	RT-AE-230a.2	We have adopted a "defense in depth"
		identifying and addressing data	and Analysis			approach, in which multiple layers of security
		security risks in (1) company				controls are placed throughout our systems,
		operations and (2) products				and a security by design approach to build
						security into our products, both of which
						enable GE to proactively protect against and
						respond to a dynamic cyber threat landscape.
						2021 Sustainability Report: Privacy and
						cybersecurity, pages75-76
	Product Safety	Number of recalls issued, total	Quantitative	Number	RT-AE-250a.1	GE does not disclose this information.
		units recalled				2021 Sustainability Report: Product safety
						and quality, pages66-70
		Number of counterfeit parts	Quantitative	Number,	RT-AE-250a.2	GE does not disclose this information.
		detected, percentage avoided		Percentage (%)		2021 Sustainability Report: Product safety
						and quality, pages66-70
		Number of Airworthiness	Quantitative	Number	RT-AE-250a.3	GE does not disclose this information.
		Directives received, total units				2021 Sustainability Report: Product safety
		affected
					and quality, pages66-70
		Total amount of monetary losses	Quantitative	Reporting currency	RT-AE-250a.4	No legal proceedings associated with product
		as a result of legal proceedings				safety are disclosed in the Sustainability
		associated with product safety				Report and Form 10-K.
						2021 Sustainability Report: Product safety
						and quality, pages66-70
		Revenue from alternative	Quantitative	Reporting currency	RT-AE-410a.1	GE does not disclose this information.
		energy-related products

2 | GE 2021 SUSTAINABILIT Y REPORT

						SASB, cont'd
TO P I C	ACCOUNTING METRIC	CATEGORY	UNIT OF MEASURE	CODE	RESPONSE OR LOCATION
Fuel Economy	Description of approach and	Discussion	n/a	RT-AE-410a.2	2021 Sustainability Report: Our innovation
& Emissions in	discussion of strategy to address	and Analysis			and technology: Sustainability at core-
Use-phase	fuel economy and greenhouse				Developing the future of flight: New
	gas (GHG) emissions of products				technology for sustainability and efficiency,
					pages 42-45.
					The future of flight will continue to be
					defined by how the aviation industry
					innovates to improve sustainability and
					efficiency. Advances in engine architectures,
					aerodynamics, and materials developed
					by GE and Safran Aircraft Engines through
					CFM International* have resulted in today's
					aircraft engines consuming 40 percent less
					fuel - and emitting 40 percent less CO2 -
					than engines manufactured in the 1970s
					and 1980s. We are currently developing the
					next suite of engine technologies - including
					open fan architectures, hybrid-electric and
					electric propulsion concepts, and advanced
					thermal management concepts - that offer
					the potential to achieve at least a 20 percent
					additional improvement in fuel efficiency
					compared to today's state of the art single-
					aisle aircraft engines. GE Aviation is also
					supporting industry initiatives to approve and
					adopt 100 percent Sustainable Aviation Fuel
					(SAF) and investigating hydrogen as the zero-
					carbon fuel of the future.
					*	CFM International is a 50-50 joint
						company between GE and Safran
						Aircraft Engines.
Materials	Description of the management	Discussion	n/a	RT-AE-440a.1	2021 Sustainability Report: Responsible
Sourcing	of risks associated with the use	and Analysis			mineral sourcing, page 114
	of critical materials
Business Ethics	Total amount of monetary losses	Quantitative	Reporting currency	RT-AE-510a.1	No legal proceedings associated with
	as a result of legal proceedings				incidents of corruption, bribery, and/or illicit
	associated with incidents of				international trade are disclosed in the
	corruption, bribery, and/or illicit				Sustainability Report and Form 10-K.
	international trade				2021 Sustainability Report: Always with
					unyielding integrity: GE's ethics & compliance
					program, pages 73-74
	Revenue from countries	Quantitative	Reporting currency	RT-AE-510a.2	Revenue by region is disclosed in the
	ranked in the "E" or "F" Band of				Form 10-K, but breakdown of countries per
	Transparency International's				region is not disclosed.
	Government Defence				2021 Form 10-K: Audited Financial
	Anti-Corruption Index
				Statements and Notes-Note 23. Operating
					Segments, page 83
	Discussion of processes to	Discussion	n/a	RT-AE-510a.3	2021 Sustainability Report: Always with
	manage business ethics risks	and Analysis			unyielding integrity: GE's ethics & compliance
	throughout the value chain				program, pages73-74; Human rights,
					pages112-113; Ethical supply chain and
					responsible mineral sourcing, page 114

GE 2021 SUSTAINABILIT Y REPORT | 3

SASB, cont'd

			UNIT OF
ACTIVIT Y METRIC		CATEGORY	MEASURE	CODE	RESPONSE OR LOCATION
Table 2. Activity Metrics
Production by reportable	Quantitative	Number	RT-AE-000.A	Number of units produced are not disclosed, but revenues by segment
segment					(GE Aviation) and units sold (commercial engines, military engines and
					spare parts) are disclosed.
					2021 Sustainability Report: Our innovation and technology:
					Sustainability at core, page 17
					2021 Annual Report: How GE Performed in 2021, page 6
					2021 Form 10-K: Management's Discussion and Analysis of Financial
					Condition and Results of Operations (MD&A)-Segment Operations-
					Aviation, page 11
Number of employees	Quantitative	Number	RT-AE-000.B	Approximately 168,000, based on full-time equivalent, active employees
					as of December 31, 2021
					2021 Annual Report: How GE Performed in 2021, page 6
					2021 Form10-K: About General Electric, page 5
TOPIC	ACCOUNTING METRIC	CATEGORY	UNIT OF MEASURE	CODE	RESPONSE OR LOCATION
SASB - Electrical & Electronic
Table 1. Sustainability Disclosure Topics & Accounting Metrics
Energy	(1) Total energy consumed,	Quantitative	Gigajoules (GJ),		RT-EE-130a.1	(1) GE Operational Energy Use (million GJ) for
Management	(2) percentage grid electricity,		Percentage (%)			2021 is 21.5.
	(3) percentage renewable					(2) Total Electricity (in MWh) for 2021
							is 3,030,000.
							(3) Renewable Energy Used (in MWh) for 2021
							is 63,100.
							2021 Sustainability Report: Our performance
							and priorities, page 13
Product Safety	Number of recalls issued, total	Quantitative	Number		RT-EE-250a.1	GE does not disclose this information.
	units recalled						2021 Sustainability Report: Product safety
							and quality, pages66-70
	Total amount of monetary losses	Quantitative	Reporting currency		RT-EE-250a.2	No legal proceedings associated with product
	as a result of legal proceedings					safety are disclosed in the Sustainability
	associated with product safety					Report and Form 10-K.
							2021 Sustainability Report: Product safety
							and quality, pages66-70
Product	Percentage of products by	Quantitative	Percentage (%) by		RT-EE-410a.1	GE does not disclose this information.
Lifecycle	revenue that contain IEC 62474		revenue			2021 Sustainability Report: Product
Management	declarable substances
				stewardship, pages104-106; Responsible
							mineral sourcing, page 114
	Percentage of eligible products,	Quantitative	Percentage (%) by		RT-EE-410a.2	GE does not disclose this information.
	by revenue, that meet ENERGY		revenue
	STAR® criteria
	Revenue from renewable energy-	Quantitative	Reporting currency		RT-EE-410a.3	GE does not disclose this information.
	related and energy efficiency-
	related products
Materials	Description of the management	Discussion	n/a		RT-EE-440a.1	Tantalum and tungsten are 2 of the critical
Sourcing	of risks associated with the use	and Analysis				materials mentioned by GE that are
	of critical materials						contained in some products obtained by GE's
							supply chains.

2021 Sustainability Report: Responsible mineral sourcing, page 114

4 | GE 2021 SUSTAINABILIT Y REPORT

					SASB, cont'd
TO P I C	ACCOUNTING METRIC	CATEGORY	UNIT OF MEASURE	CODE	RESPONSE OR LOCATION
SASB - Electrical & Electronic
Table 1. Sustainability Disclosure Topics & Accounting Metrics
Business Ethics	Description of policies and	Discussion	n/a	RT-EE-510a.1	2021 Sustainability Report: Culture: Leading
	practices for prevention of:	and Analysis			with integrity and The Spirit & The Letter,
	(1) corruption and bribery and				pages71-72; Always with unyielding
	(2) anti-competitive behavior				integrity: GE's Ethics & Compliance program,
					pages 73-74
	Total amount of monetary losses	Quantitative	Reporting currency	RT-EE-510a.2	No legal proceedings associated with
	as a result of legal proceedings				bribery or corruption are disclosed in the
	associated with bribery or				Sustainability Report and Form 10-K.
	corruption
	Total amount of monetary losses	Quantitative	Reporting currency	RT-EE-510a.3	Alstom have cases involving anti-competitive
	as a result of legal proceedings				activities prior to the acquisition of its
	associated with anti-competitive				Thermal, Renewables and Grid businesses
	behavior regulations				by GE in November 2015. Total amount of
					monetary losses is not disclosed.
					2021 Form 10-K:Audited
					Financial Statements and Notes-
					Note 22. Commitments, Guarantees, Product
					Warranties and other Loss Contigencies-
					Legal Matters, page 80

		UNIT OF
ACTIVIT Y METRIC	CATEGORY	MEASURE	CODE	RESPONSE OR LOCATION
Table 2. Activity Metrics
Number of units produced by	Quantitative	Number	RT-EE-000.A	Number of units produced are not disclosed, but revenues by segment
product category				(GE Power) and units sold (gas turbines) are disclosed.
				2021 Sustainability Report: Our innovation and technology:
				Sustainability at core, page 17
				2021 Annual Report: How GE Performed in 2021, page 6
				2021 Form 10-K: Management's Discussion and Analysis of Financial
				Condition and Results of Operations (MD&A)-Segment Operations-
				Power, pages 15-16
Number of employees	Quantitative	Number	RT-EE-000.B	Approximately 168,000, based on full-time equivalent, active employees
				as of December 31, 2021
				2021 Annual Report: How GE Performed in 2021, page 6
				2021 Form 10-K: About General Electric, page 5

GE 2021 SUSTAINABILIT Y REPORT | 5