GE Vernova
GEV
Energy
2
exclusion reasons
2 themes
This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.
Market Forces filed a detailed SEC whistleblower complaint alleging GE Vernova violated the Securities Exchange Act by misleading investors with inconsistent assumptions in Scope 3 emissions reporting vs. internal management disclosures prior to the April 2024 spinoff from GE. While not yet a finalized SEC enforcement action, the complaint cites specific discrepancies between public filings and internal documents.
GE Vernova faces an SEC whistleblower complaint alleging inconsistent Scope 3 emissions assumptions between public investor disclosures and internal management documents prior to the April 2024 spinoff. The complaint details how the company used favorable assumptions in public reporting while relying on different, less favorable assumptions internally — a pattern of climate disclosure manipulation.
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A digest of changes to our exclusion list — new additions, removals, and the evidence behind them. We review the list continuously as new evidence surfaces.
Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.
This information is provided for educational and transparency purposes only and should not be relied upon as investment advice. Data is drawn from independent watchdogs, NGOs, government registries, and Ethical Capital's ongoing research — see Research Sources for the full list.
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