GE CitizenshipCompliance & Governance
The GE commitment to perform with integrity is instilled in every employee as a non-negotiable expectation of behavior. This expectation is guided by our integrity policy, The Spirit & The Letter, and is underscored by an extensive system of policies, processes, training and communications that contribute to the operational excellence of GE’s citizenship platform. Visit the Governance section on our corporate web site to learn more.
A Review of Our 2008 Commitments
- Continue to provide ombudsperson data by region and issue.
- Update on regulatory compliance processes.
- Provide detailed review of ombudsperson process.
2009 Moving Forward
- Continue to provide ombudsperson data by region and issue.
- Continue to address and measure improvement on open reporting.
Explore compliance & governance performance against our 2008 commitments:
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Regulatory Excellence
In a global and varied marketplace, fulfilling compliance and regulatory obligations is a complex and demanding undertaking.
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Ombudsperson Process
Our ombudsperson process serves as a mechanism for individuals to ask questions and report integrity issues without fear of retribution.
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Update on Leadership Engagement
GE reinforces integrity in our leaders through compliance training courses and our booklet, A Leader’s Guide to Integrity.
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Acquisition Integration Framework
This model benefits both GE and the acquired company by maximizing the potential of both organizations.
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Legal Processes & Systems
GE legal and financial teams work to ensure the company’s processes and systems are applied properly and consistently throughout the world.
Board/Senior Executive Accountability
The culture of integrity at GE starts with our board of directors and senior executives, and touches every member of the company.
More about Board/Senior Executive Accountability
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Change in Company Bylaws
In February 2009, the Board of Directors approved an amendment to Article VII of the company bylaws.
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Statement from Jeff Immelt on 2008 Compensation
CEO Jeff Immelt declined bonus compensation for 2008 due to the challenging economic climate.
Employees
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Workforce Information
GE’s 300,000-plus-strong workforce grows more dynamic and global year by yea
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GE Employee Opinion Survey
2008 GE Employee Opinion Survey — a biannual census of salaried workforce that enables employees to provide candid input and highlight opportunity.
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Variable Compensation Packages
GE’s compensation programs include salary, bonus, stock and long-term performance awards that take into account the socio-political environment.