GE 2002 Annual Report Download - page 40
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CITIZENSHIP
Driven by the knowledge that a quality education
ushers in a lifetime of opportunities, the GE family
spearheads initiatives that enable students around
the world to expand and achieve their dreams. In
2002, for example, the GE family gave more than
$120 million and one million hours of volunteer
time in more than 150 communities. Such invest-
ments allow GE to drive programs and projects
that deliver a real impact. This “giving and doing”
approach builds partnerships with educational
institutions and community organizations in Atlanta,
Cincinnati, Mexico City, Budapest, Shanghai and
many other areas. The GE Fund, the company’s
philanthropic foundation, works to improve access
and achievement for students by advancing new
ways of teaching and learning across the education
continuum. GE Elfun, the global employee/retiree
volunteer organization, leads projects ranging from
tutoring students and building playgrounds to help-
ing the homeless and restoring the environment.
GE businesses undertake important community out-
reach efforts, such as GE Medical Systems’ donation
of $6.5 million in medical equipment to hospitals in
Africa. Employees and retirees also generously
contribute through company matching programs
and participation in local United Way campaigns.
In 2003,GE will continue to lead ambitious initia-
tives and sound practices across the spectrum of
corporate citizenship, including its commitment to
partnerships that touch the lives of students, teach-
ers, parents and community members. After all,
that’s an investment with unlimited potential.
Strong corporate citizenship
—
the hallmark of a “good” company
—
is demonstrated in many ways: leadership in governance, compliance
with environmental laws and regulations, adherence to the highest
ethical standards and investment in community initiatives. With business
operations that span the globe, GE lives these practices every day.
Above: Jian Wu, GE Consumer Products, teaches reading at
Kenneth W. Clement Elementary School, Cleveland, Ohio through
the HOST (Help One Student Succeed) mentoring program