Generation Investment Management (Generation IM) is a sustainable investment management firm founded in 2004; its co-founders included former US Vice President Al Gore and former Goldman Sachs' Asset Management head David Blood, along with five other founders, with a vision to see long-term sustainable investing become best practice and for sustainable capitalism to become the enduring economic model.

Generation operates four strategies, investing both public and private equity: Global Equity, Asia Equity, Growth Equity and Private Equity; alongside a climate-led investing business, Just Climate.

Generation has offices in London and San Francisco, and , employed over 100 people. Generation Investment Management LLP is authorized and regulated by the Financial Conduct Authority in the UK.

Generation has built a global research platform to integrate sustainability research into fundamental equity analysis.

History

Generation was founded in April 2004 by a group of seven founding partners led by Al Gore and David Blood. Its goal was integrating the disciplines of finance and sustainability.

In 2021 Generation launched Just Climate, a climate-led investment business aiming to address the net-zero challenge at scale. It closed its inaugural Climate Assets Fund I in 2023, raising $1.5 billion.

Partnerships

  • Net Zero Asset Managers initiative
  • The Climate Pledge
  • Ceres
  • The Alliance for Climate Protection (Repower America)
  • World Resources Institute
  • Natural Resources Defense Council
  • The Climate Project

Investments

Investments by Generation funds include:

  • Octopus Energy
  • Proterra

References

  • Generation Investment Management Profile from the Financial Times (requires log-in)
  • For People and For Planet, a 3/28/06 op-ed in The Wall Street Journal by Al Gore and David Blood
  • We Need Sustainable Capitalism, an 11/5/08 op-ed in The Wall Street Journal by Al Gore and David Blood
  • When Principles Aid Performance, an article about the firm from the Financial Times, April 2007
  • Generation Announces Plans For New Investment Management Firm, the November 2004 press release
  • SEC Regulatory Information and Disclosed Holdings
  • Al Gore and David Blood interviewed by WIRED, April 2018