GE Aerospace : 2025 Sustainability Report

GE

Published on 06/26/2025 at 16:44

Moving innovation forward

June 26, 2025

2025 Sustainability Report

Safety

Technology

Operations

People Governance 2025 Sustainability Report 2

Contents

Contents

About this report

Forward-looking statements

Opening letter from Larry Culp

Opening letter from Chris Pereira

GE Aerospace at a glance

Driving continued progress with FLIGHT DECK

Our history of innovation

Our sustainability journey

Our sustainability framework

Value creation at GE Aerospace

Product safety and quality

18 Employee safety

21 GE Aerospace's roadmap for the future of flight

22 Our approach to lower-emission technologies

24 Current technologies

26 Future technologies

29 SAF

31 Industry collaboration

33 Our environmental program

34 Working toward net zero

38 Managing hazardous materials

38 Water stewardship

39 Enabling circularity

42 Our culture

44 Talent development and engagement

46 Workplace environment

48 Human rights and ethical supply chain

Community impact

Sustainability governance structure

Management oversight of sustainability

Enterprise risk management

Our commitment to compliance and integrity

57 Data privacy and cybersecurity

Artificial intelligence

Political engagement and policy development

A GE90 engine at GE Aerospace's Peebles Test Operations.

Download our 2025 Sustainability Report: Supplementary Materials appendix, which contains our Sustainability databook, information about stakeholder engagement, GRI, SASB, and UN SDGs indices, greenhouse gas (GHG) and water methodologies, and a market-based mechanism statement.

Download our TCFD Report.

Safety

Technology

Operations

People Governance 2025 Sustainability Report 3

2024 was a historic year for GE Aerospace as we took flight as an independent, standalone public company. We continue to prove we are meant to fly.

GE Aerospace launched as an independent public company on April 2, 2024, and published its 2024

Sustainability Report on September 19, 2024.

This 2025 Sustainability Report covers the environmental, social, and governance activities of GE Aerospace, unless otherwise stated. The performance data in this report and the accompanying Sustainability supplementary report covers the calendar year from January 1 to December 31, 2024. In certain places, there is also commentary about events, achievements, and initiatives that took place during the first half of 2025.

In addition to the United Nations Sustainable Development Goals (UN SDGs), we considered three key sustainability reporting frameworks in developing this report: the

Task Force on Climate-related Financial Disclosures (TCFD)framework; industry-specific standards from the Sustainability Accounting Standards Board (SASB); and the Global Reporting Initiative (GRI) Standards (Core). A TCFD

Reportis available to download, as is our 2025 Sustainability Report: Supplementary Materials appendix, which contains our GRI, SASB, and UN SDGs indices.

The Supplementary Materials appendix also includes our Greenhouse Gas (GHG) Inventory Management Plan, which primarily follows the World Resources Institute/ World Business Council for Sustainable Development (WRI/WBCSD) Greenhouse Gas Protocol: A Corporate

Accounting and Reporting Standard, Revised Edition (the GHG Protocol). We use the Protocol for all GHG-related definitions, assumptions, and calculations discussed in this document unless explicitly stated otherwise, reporting under the "operational control" approach. To learn more about our GHG inventory and energy inventory process methodology, see our GHG Inventory Management Plan.

Carbon emissions data has undergone limited assurance by Stantec, an external third party, for base year 2019 (Scopes 1 and 2) and reporting years 2023 and 2024 (Scopes 1,

2, and 3 from the use of sold products for commercial engines). GE Aerospace water data has also undergone limited assurance by the same external third party for 2024 data (see the verification statements and applicable data assertions). Internal resources have reviewed the other information and data within this report for quality, completeness, and accuracy.

Our purpose

We invent the future of flight, lift people up, and bring them home safely.

Safety

Technology

Operations

People Governance 2025 Sustainability Report 4

CFM LEAP engine fan.

This report contains "forward-looking statements"- statements related to future events that, by their nature, address matters that are uncertain to different degrees.

See the investor relations section of our websitefor details of the uncertainties that may cause our actual future results to be materially different than those expressed in our forward-looking statements, as well as our annual reports on Form 10-K and quarterly reports on Form 10-Q. We do not undertake to update our forward-looking statements.

In this report, we sometimes use information derived from consolidated financial data but not presented in our financial statements prepared in accordance with

U.S. Generally Accepted Accounting Principles (GAAP). Certain of these data are considered "non-GAAP financial measures" under the U.S. Securities and Exchange Commission (SEC) rules. These non-GAAP financial measures supplement our GAAP disclosures and should not be considered an alternative to the GAAP measure. The reasons we use these non-GAAP financial measures, and the reconciliations to their most directly comparable GAAP financial measures, are included in our earnings materials, our most recent annual report on Form 10-K, and other SEC filings, as applicable.

and demonstration program of CFM International. CFM RISE is a registered trademark.

Safety

Technology

Operations

People Governance 2025 Sustainability Report 5

Opening letter from Larry Culp

At GE Aerospace, more than a year into our journey as a standalone public company, our purpose remains clear: Invent the future of flight, lift people up, and bring them home safely. Right now, there are approximately 950,000 people in the sky with technology made by GE Aerospace and our joint venture partners under wing. We take this responsibility seriously.

Our sustainability framework is built with four key pillars- safety, environment, people, and governance. We are focused on delivering for our customers while managing risk and creating long-term value.

Everything at GE Aerospace starts with safety. We operationalize flight safety through our Safety Management System (SMS). This is a robust framework that defines the criteria for safety of flight and reinforces our culture of

open reporting, where every employee is expected to raise a concern. Paired with SMS is our Quality Management System (QMS), designed to support our teams in producing quality parts to specification every time while complying with all regulations. These critical systems set clear standards for our teams across GE Aerospace.

Together with FLIGHT DECK, our proprietary lean operating model, everything we do is driven by safety, quality, delivery, and cost (SQDC)-in that order. FLIGHT DECK is in action across our operations, from solving safety issues on the shop floor in Lynn, Massachusetts, to optimizing repair capacity at our On-Wing Support sites. One example in Lynn is how our teams used FLIGHT DECK to analyze injury data and implement targeted prevention measures, resulting in a 55% reduction in injuries since 2022.

At GE Aerospace, safety always comes first, and every step-change improvement in safety matters. When it comes to safety, we never compete-it is an industry-wide priority.

With more than 70,000 engines in service, we remain focused on innovation that delivers tangible customer benefits for today, tomorrow, and the future.

Today, we're improving operational predictability for CFM LEAP customers. Last year, the FAA certified more durable high-pressure turbine (HPT) hardware for LEAP-1A engines, which will extend time on wing. At the same time, the rapid incorporation of these engines' new reverse bleed system (RBS) will reduce on-wing maintenance. Both translate to less downtime for airlines.

For the future, we're advancing the XA102 adaptive cycle engine, having completed a Detailed Design Review, which confirms readiness to procure, assemble, and test a XA102 full-scale demonstrator engine, delivering major gains in fuel efficiency and mission flexibility.

CFM International's RISE program is redefining the trajectory of commercial flight, with bold progress on advanced architectures like Open Fan, compact core, and hybrid electric technologies aimed at delivering at least 20% better fuel efficiency compared to engines today while meeting customer durability expectations. Since launching the RISE program, we have completed over 350 tests toward ground and flight tests this decade. In collaboration with Boeing, NASA, and Oak Ridge National Laboratory, we are leveraging supercomputing to model the integration of an Open Fan design on an aircraft wing, optimizing aerodynamics and efficiency. Airbus also revealed at its 2025 Summit the next-generation aircraft technologies it's advancing, including Open Fan designs. CFM and Airbus continue working together on engine and aircraft integration for an Open Fan Flight Test Demonstrator this decade.

Innovation also drives how we operate. In 2024, we reduced Scope 1 and 2 carbon emissions by 43% from our 2019 baseline through investments in energy-efficient infrastructure and carbon-free electricity use. At our largest engine testing site, we also cut jet fuel use by 15.7% compared to the previous year thanks to FLIGHT DECK and our teams' relentless focus on reducing waste and improving efficiency.

Our people are our greatest asset, and a core pillar of our sustainability framework.

Our culture is underpinned by our Behaviors: Respect for People, Continuous Improvement, and Customer Driven. Our global team of 53,000 people is committed to ensuring every innovation-whether in commercial or military aviation-delivers real value to our airline, airframer and defense customers worldwide.

We are also proud of how our team supports each other, especially through our GE Aerospace Foundation. Our community impact arm focuses on STEM, workforce development, disaster relief, and our Matching Gifts program, carrying forward the 100-year philanthropic legacy of the GE Foundation.

The future of flight is being shaped today, and GE Aerospace is proud to be at the forefront.

Chairman of the Board and Chief Executive Officer, GE Aerospace

Disclaimer

GE Aerospace - General Electric Company published this content on June 26, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on June 26, 2025 at 20:43 UTC.