GE 2003 Annual Report Download - page 27

ge 2003 annual ≥epo≥t40
Being a good citizen has always been an important part of
our corporate history and how we run your company. Today,
citizenship means environmental compliance, leadership in
corporate governance, the very highest of ethical standards
and strong community engagement. GE has a long and
proud history of supporting the communities where we live
and work, and education remains at the forefront of GE’s
philanthropic and volunteer efforts. In 2003, through the
combined efforts of the GE Foundation, GE businesses and
generous donations from employees and retirees, the GE
family contributed $140 million and one million hours of
volunteer time to support the important work of thousands
of community organizations.
There are some areas of the world, however, where even
the most basic needs remain unmet. GE has been particularly
touched by the plight of many people in Africa who do not
have access to modern healthcare, sufficient power, or even
clean water. By tapping our diverse portfolio, we have found
a small way to make a difference. Over the next five years,
GE Energy, GE Healthcare and GE Infrastructure will donate
X-ray machines, patient monitors, power generators and
water purification systems worth approximately $20 million
to local hospitals. The project will touch the lives of thou-
sands of people in Ghana and then expand to other African
hospitals in 2005. We’re proud, and humbled, to know that
the very best of our resources can help improve the lives of
those in need around the globe.
a g≥eat company must
also be a good company
citizenship