Generation Investment Management

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,[1] with a vision to see long-term sustainable investing become best practice and for sustainable capitalism to become the enduring economic model.[2]

Generation operates four strategies, investing both public and private equity: Global Equity, Asia Equity, Growth Equity and Private Equity;[3] alongside a climate-led investing business, Just Climate.[4]

Generation has offices in London and San Francisco,[5] and as of 2025, employed over 100 people.[6] 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.[7]

History

Generation was founded in April 2004 by a group of seven founding partners led by Al Gore and David Blood.[8] 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.[9] It closed its inaugural Climate Assets Fund I in 2023, raising $1.5 billion.[10]

Partnerships

  • Net Zero Asset Managers initiative [11]
  • The Climate Pledge[12]
  • Ceres[13]
  • The Alliance for Climate Protection (Repower America)
  • World Resources Institute
  • Natural Resources Defense Council
  • The Climate Project

Investments

Investments by Generation funds include:

References

  1. The Business Care for Green Energy The Wall Street Journal, retrieved 2025-04-25^
  2. Generation Investment Management theclimatepledge.com, retrieved 2025-04-25^
  3. Our strategies Generation Investment Management, retrieved 2025-04-10^
  4. Our business Just Climate, retrieved 2025-04-10^
  5. Rachael Levy. $18 billion fund manager started by Al Gore and a Goldman Sachs exec sets sights on Silicon Valley Business Insider, 23 October 2017, retrieved 2025-03-30^
  6. Our leadership Generation Investment Management, retrieved 10 April 2025^
  7. Elizabeth McGeveran. Sustainability Focus, Extraordinary Performance McKnight Foundation, 16 October 2017^
  8. Vikram S. Gandhi. Generation Investment Management - Case - Faculty & Research Harvard Business School, May 2020, retrieved 2025-04-10^
  9. Al Gore launches climate change asset manager ft.com, retrieved 2021-10-27^
  10. Just Climate raises $1.5 billion with help from Microsoft fund reuters.com, retrieved 2023-08-08^
  11. Net Zero Asset Managers initiative publishes initial targets for 43 signatories as the number of asset managers committing to net zero grows to 273 netzeroassetmanagers.org, retrieved 2022-05-31^
  12. Climate Pledge: 20 businesses including IBM and Iceland Foods join Amazon's net-zero commitment edit.net, retrieved 2021-02-17^
  13. Ceres Investor Network ceres.org, retrieved 2023-08-08^
  14. Al Gore's firm buys £483m stake in Octopus Energy Group BBC News, 2021-09-28, retrieved 2021-09-28^
  15. Danielle Muoio. The 'Tesla of buses' raises $55 million from Al Gore's investment arm as it eyes an IPO Business Insider, June 13, 2017^