Climate Policy Engagement Analysis
On April 2nd 2024, parts of the company General Electric were spun off into the new company GE Vernova. To reflect this development, InfluenceMap’s scoring has combined data analyzed for General Electric prior to this date with data analyzed for GE Vernova after April 2nd, 2024.
Climate Policy Engagement Overview: GE Vernova appears to have both positive and negative engagement with climate change policy, supporting ambitious climate action in its top-line messaging while opposing some specific climate policies. GE Vernova appears to advocate for a long-term role for fossil gas in the energy mix, while also supporting incentivizing clean energy generation through legislation.
Top-line Messaging on Climate Policy: GE Vernova’s top-line messaging on climate policy is generally positive. In a June 2024 conference, CEO Scott Strazik Partially transparent about climate change science acknowledged the science of climate change and Supporting action likely consistent with IPCC emphasized the need for urgent action. The company has consistently signaled support for government regulation to address climate change, including in its 2024 Sustainability Report, released June 2025. It states support for the goals of the Paris Agreement on its corporate website.
Engagement with Climate-Related Regulations: GE Vernova appears broadly supportive of renewable energy policy globally, though with very limited recent engagement. In September 2023, GE Vernova signed a joint letter with the Global Renewables alliance advocating for a global target to be set at COP 28 to triple renewable energy capacity by 2030. In a June 2024 interview at Aspen Ideas Festival, CEO Scott Strazik referenced carbon taxes in Canada and Europe, but did not clearly express support or opposition to these policies.
Positioning on Energy Transition: GE Vernova’s stance on the energy transition reflects a mix of supportive and cautious positions. In July 2025, CEO Scott Strazik’s LinkedIn post appeared to support the expansion of electrification infrastructure, though with ambiguity around the pace, extent, and alignment with a renewables-dominated energy system. Earlier in May 2025, Strazik emphasized in a CNBC interview a continued role for fossil gas, suggesting it is important for enabling renewable adoption, while not specifying timelines or conditions for carbon capture or methane mitigation. In an April 2025 LinkedIn post, he similarly highlighted fossil gas as necessary to meet energy demand created by AI, without clear alignment to IPCC guidance.
In a February 2025 CEO letter, GE Vernova supported a long-term role for nuclear power but provided little clarity on how nuclear fits into a full zero-emissions energy transition. In its 2024 Sustainability Report, the company endorsed a reduction of fossil gas in the global energy mix, though without clarifying the pace and extent of this reduction relative to IPCC guidance. GE Vernova also supported permitting reform in its 2024 Sustainability Report, without specifying which types of energy generation it favors.
Earlier positions include supporting specific regulatory measures to accelerate zero-carbon technologies, including through the implementation of the Inflation Reduction Act, per its 2023 Sustainability Report released September 2024. CEO Strazik further emphasized the role of the IRA in advancing renewable energy infrastructure in a June 2024 interview. On the other hand, the company voiced caution in May 2024 EPA comments against stringent emissions regulations on existing gas power plants. In February 2024 IRS comments, the company advocated to relax the IRA’s hourly matching requirement for clean hydrogen credits.
Industry Association Governance: GE Vernova has disclosed a list of its industry association memberships, though several associations with active influence on climate policy are excluded. The company is a member of WindEurope, with a senior executive from subsidiary GE Renewable Energy on the Board, and the American Clean Power Association, where a senior representative serves on the Board. Since its spin-off from General Electric, GE Vernova appears to have retained membership with the Chamber of Commerce 123, which has actively, negatively engaged on US climate policy.
InfluenceMap collects and assesses evidence of corporate climate policy engagement on a weekly basis, depending on the availability of information from each specific data source (for more information see our methodology). While this analysis flows through to the company’s scores each week, the summary above is updated periodically. This summary was last updated in Q3 2024.
A detailed assessment of the company's corporate review on climate policy engagement can be found on InfluenceMap's CA100+ Investor Hub here.