Ge Sustainability Assessment Week 2

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GE's Sustainability Assessment Week 2 Assignment | AbstractAn analysis of GE's sustainability efforts and missteps, from the years in which the company was under the leadership of Jack Welch to ongoing activities today. Abdul H Shakur DeVry University – March 2016 Sustainability Operations Professor: Brad Bergman | GE's Sustainability Assessment Week 2 Assignment | AbstractAn analysis of GE's sustainability efforts and missteps, from the years in which the company was under the leadership of Jack Welch to ongoing activities today. Abdul H Shakur DeVry University – March 2016 Sustainability Operations Professor: Brad…show more content…
The EPA considers a 200 miles stretch of the historic Hudson to be one the largest Superfund sites in our nation. What was GE's environmental stance during the latter part of the 20th century? In three words Dismal, Denial, and Diswoned! Mr. Jack Welch’s, reigned as Chairman and CEO of GE during the years of 1981-2001, taking over from his predecessor Reginald H. Jones. Regarding the case of GE’s dumping of PCB’s into the Hudson, a rather frosty Welch negotiated with the state of New York, settling to pay a mere $3 million dollars for the damage caused to the Hudson River. According to Cray (2001), “GE executives probably hoped the deal would bury the issue forever, and that everyone concerned about the PCBs (polychlorinated biphenyls) lying on the bottom of the river would let nature take its course.” (Multinational Monitor, 2001) During that time Jack Welch’s stance on the accusations resulted in historical comments filled with denial, Jack said, during a 60 Minutes interview, "The word 'dump' is used! We didn't dump! We had a permit from the U.S. government and the State of New York to do exactly what we did. Do you think I'd come to work in a company that would do that or condone that? I wouldn't do it, Lesley! This is nuts!” (60 MINUTES, October 29, 2000) GE would go on to fight the government, at first refusing to recognize the impact of its actions upon the environment, and those people living near the Hudson, not to mention their own

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