GE Appliances Releases Annual Report
May 15 2024 - 9:30AM
Business Wire
Outlines business and corporate citizenship
highlights with focus on future growth
GE Appliances, a Haier company, unveiled its digital 2023 GE
Appliances Report showcasing the company’s new packaging
guidelines, innovative products, environmental and community
efforts, and its employees who are consistently making America’s
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 highlights the company’s plan to evolve from a traditional
appliance business to become American’s number one home ecosystem
company.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20240515967358/en/
GE Appliances employee poses with parts
used to build washers in the company’s laundry plant in Louisville,
KY. (Photo: GE Appliances, a Haier company)
“At GE Appliances, we're more than an appliances company,” said
Kevin Nolan, president and CEO of GE Appliances, a Haier company.
“We’re now providing net zero home energy solutions, air and water
products, and a best-in-class digital ecosystem with our Smart HQ
app. This report looks back at our business highlights while
looking forward to how we will create home solutions with
consumers.”
Corporate Citizenship
Highlights
- GE Appliances unveiled new packaging guidelines that set the
industry standard. By 2030 the company commits to eliminating
Expanded Polystyrene (EPS) from all packaging, 100% of packaging
must include recycled content, 100 percent recyclable packaging,
only use environmentally sustainable ink, and eliminate printed
literature unless required for product safety / regulatory.
- Already achieved or on track to achieve four of its five GE
Appliances Way Forward Goals and making significant progress on its
fifth.
- Empowered its employees around the globe in a “Blue Wave” to
take over the communities where they live and work through
volunteerism creating good things, for life. Projects took place in
more than 20 states and four countries.
To view the Corporate Citizenship Report, click here.
Business Highlights
- The Ultra Fast Combo totally disrupted the laundry space when
it gave consumers the ability to wash and dry cloths in 2 hours,
using a 120V plug, no vent, and 50 percent less energy than a
traditional dryer.
- GE Appliances unveiled a new net zero home energy solution that
solves pain points for consumers by helping to reduce their energy
usage and carbon footprint. The EcoBalance System connects
everything from energy generation, storage and usage while putting
the control in consumers’ hands to monitor and adapt energy usage
without sacrificing style or performance.
- The company celebrated 50 years of cooking leadership in the
state of Georgia and a 118-million dollar investment that’s adding
new products and jobs enabling the plant to build new models of
freestanding ranges, which started rolling off the assembly line in
January of 2024.
To view the entire report, click here.
About GE Appliances, a Haier
company
At GE Appliances, a Haier company, we come together to make
"good things, for life." We're creators, thinkers and makers who
believe that anything is possible and that there’s always a better
way. We’re a company powered by our people, made stronger through
our diversity — allowing us to grow closer than ever before to our
owners, anticipate their needs and enhance their lives. For four
years in a row, we’ve been certified as a Great Place to Work™, for
the second year in a row named one of Fortune’s Best Places to Work
in Manufacturing, honored as one of the Best Workplaces for
Innovators by Fast Company magazine, garnered one of Best Companies
for Multicultural Women by Seramount (formerly Working Mother
Media), earned the Achievers 50 Most Engaged Workplaces® award,
received a perfect score for the sixth year in a row on the Human
Rights Campaign’s Corporate Equality Index, and named one of the
Top 100 Internship Programs by WayUp.
Since 1907, we’ve built innovative, quality products that are
trusted in half of all U.S. homes. We sell appliances under the
Monogram®, Café™, GE Profile™, GE®, Haier™ and Hotpoint™ brands.
Our products include refrigerators, freezers, cooking products,
dishwashers, washers, dryers, wine & beverage centers, air
conditioners, small appliances, water filtration systems and water
heaters.
To learn more about our company, brands, Corporate Citizenship
efforts, economic impact, and working for GE Appliances, visit
geappliancesco.com.
Be sure to follow us on Twitter, Linkedin, and geapplianceso.com
for even more news and updates from GE Appliances.
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version on businesswire.com: https://www.businesswire.com/news/home/20240515967358/en/
Allison Martin Allison.martin@geappliances.com 502-452-4198