GE Vernova Organizes Compliance Week to Reinforce Ethical Business Practices Across Sub-Saharan Africa

GE Vernova, a planned, purpose-built global energy company, today concluded its Compliance Week, a series of events aimed at emphasizing the critical role of ethics and compliance in business growth and success. The week-long initiative, held across Nigeria with more than 100 attendees, involved employees, suppliers, legal experts and customers, highlighting GE Vernova’s unwavering commitment to fostering a culture of integrity and transparency.

“At GE Vernova, we believe that integrity is the cornerstone of any successful business. Our Compliance Week is an opportunity to strengthen our commitment to ethical practices and ensure that all stakeholders are aligned with our unwavering standard to act with unyielding integrity,” stated Ozim Ifeoma Ibeziako, Executive General Counsel for GE Vernova’s Gas Power business in Africa.

The Compliance Week kicked off with a Suppliers Event in Lagos. The event, held annually, reinforced GE Vernova’s commitment to foster closer relationships with supply chain stakeholders while sharing best practices on integrating compliance into business processes. The team also organized a customer roundtable in Abuja under the theme, ‘Working with ethics and compliance in the Sub-Saharan Africa region’, where leaders in the power industry discussed the trends, challenges, and opportunities in the wider power sector while also outlining ways to strengthen integrity and compliance.

Throughout the week, participants were reminded of GE Vernova’s unwavering commitment to ethical practices through the company’s two core programs: The Spirit and The Letter. The Spirit embodies the company’s values and principles, while The Letter outlines the specific policies and procedures that guide ethical behavior. These programs provide a comprehensive framework for employees, suppliers, and customers to uphold high standards of integrity.

Matthew Nobles, the Chief Compliance Officer for GE Vernova in the Middle East & Africa stated, “GE Vernova remains committed to spotlighting the importance of ethics and compliance in workplaces across Sub-Saharan Africa. We are encouraged by the eager commitment of our vendors, partners and customers to work together as advocates and champions for ethical business practices everywhere we do business. By fostering a culture of transparency and accountability, we can ensure that our business is conducted with the highest ethical standards, ultimately contributing to growth and success.”

GE Vernova’s Compliance Week is a testament to the company’s dedication to maintaining a culture of integrity. By engaging with employees, suppliers, and customers, GE Vernova is highlighting the importance of compliance in achieving sustainable growth and success.

GE Vernova is a planned, purpose-built global energy company that includes Power, Wind, and Electrification segments and is supported by its accelerator businesses of Advanced Research, Consulting Services, and Financial Services. Building on over 130 years of experience tackling the world’s challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with more than 80,000 employees across 140+ countries around the world.

GE Vernova’s mission is embedded in its name –it retains its legacy, “GE,” as an enduring and hard-earned badge of quality and ingenuity. “Ver” / “verde” signal Earth’s verdant and lush ecosystems. “Nova,” from the Latin “novus,” nods to a new, innovative era of lower carbon energy. Supported by the Company Purpose,The Energy to Change the World, GE Vernova will help deliver a more affordable, reliable, sustainable, and secure energy future. Learn more: GE Vernova and LinkedIn.

November 29, 2023