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
Investments
Investments by Generation funds include:
- Octopus Energy[14]
- Proterra[15]
External links
- 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
References
- The Business Care for Green Energy The Wall Street Journal, retrieved 2025-04-25^
- Generation Investment Management theclimatepledge.com, retrieved 2025-04-25^
- Our strategies Generation Investment Management, retrieved 2025-04-10^
- Our business Just Climate, retrieved 2025-04-10^
- 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^
- Our leadership Generation Investment Management, retrieved 10 April 2025^
- Elizabeth McGeveran. Sustainability Focus, Extraordinary Performance McKnight Foundation, 16 October 2017^
- Vikram S. Gandhi. Generation Investment Management - Case - Faculty & Research Harvard Business School, May 2020, retrieved 2025-04-10^
- Al Gore launches climate change asset manager ft.com, retrieved 2021-10-27^
- Just Climate raises $1.5 billion with help from Microsoft fund reuters.com, retrieved 2023-08-08^
- 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^
- Climate Pledge: 20 businesses including IBM and Iceland Foods join Amazon's net-zero commitment edit.net, retrieved 2021-02-17^
- Ceres Investor Network ceres.org, retrieved 2023-08-08^
- Al Gore's firm buys £483m stake in Octopus Energy Group BBC News, 2021-09-28, retrieved 2021-09-28^
- 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^