Editing Generation Investment Management

{{Short description|Investment management firm}}
{{Use dmy dates|date=March 2025}}
{{Infobox company
| name = Generation Investment Management LLP
| logo = Generation Investment Management Logo.svg
| type = Independent, private, owner-managed partnership
| industry = [[Financial services]]
| founded = {{start date and age|2004|4}}, London
| hq_location_city = London
| hq_location_country = United Kingdom
| area_served = Worldwide
| key_people = {{UBL |[[Al Gore]] (chairman) |David Blood (senior partner) |Mark Ferguson (co-chief investment officer) |Miguel Nogales (co-chief investment officer) | Colin le Duc (founding partner) }}
| products = 
| services = [[Investment management]]
| num_employees = 
| num_employees_year = 
| website = {{Official URL}}
| footnotes = 
}}

'''Generation Investment Management (Generation IM)''' is a [[Sustainable investing|sustainable]] [[investment management firm]] founded in 2004; its co-founders included former US [[Vice President of the United States|Vice President]] [[Al Gore]] and former [[Goldman Sachs]]' Asset Management head David Blood, along with five other founders,<ref>{{Cite web |title= The Business Care for Green Energy|url=https://www.wsj.com/opinion/the-business-case-for-green-energy-investing-climate-environment-1f672fda?mod=Searchresults_pos19&page=1|access-date=2025-04-25|website= The Wall Street Journal |language=en-US}}</ref> with a vision to see long-term sustainable investing become best practice and for sustainable capitalism to become the enduring economic model.<ref>{{Cite web |title=Generation Investment Management |url=https://www.theclimatepledge.com/content/amazonclimatepledge/us/en/Signatories/generation-investment-management.html|access-date=2025-04-25 |website= theclimatepledge.com |language=en-US}}</ref>

Generation operates four strategies, investing both [[public equity|public]] and [[private equity]]: Global Equity, Asia Equity, [[Growth Equity]] and Private Equity;<ref>{{Cite web |title=Our strategies |url=https://www.generationim.com/our-strategies/ |archive-url=http://web.archive.org/web/20250131082902/https://www.generationim.com/our-strategies/ |archive-date=2025-01-31 |access-date=2025-04-10 |website=Generation Investment Management |language=en-US}}</ref> alongside a [[Scientific consensus on climate change|climate]]-led investing business, Just Climate.<ref>{{Cite web |title=Our business |url=https://www.justclimate.com/about/ |archive-url=http://web.archive.org/web/20250330050900/https://www.justclimate.com/about/ |archive-date=2025-03-30 |access-date=2025-04-10 |website=Just Climate |language=en-US}}</ref>

Generation has offices in London and [[San Francisco]],<ref>{{Cite web |last=Levy |first=Rachael |date=23 October 2017 |title=$18 billion fund manager started by Al Gore and a Goldman Sachs exec sets sights on Silicon Valley |url=https://www.businessinsider.com/al-gores-generation-investment-firm-moves-office-to-san-francisco-2017-10 |access-date=2025-03-30 |website=Business Insider |language=en-US}}</ref> and {{as of|2025|lc=yes}}, employed over 100 people.<ref>{{Cite web |last= |first= |date= |title=Our leadership |url=https://www.generationim.com/our-firm/our-leadership/ |access-date=10 April 2025 |website=Generation Investment Management}}</ref> 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 (finance)|equity]] analysis.<ref>{{cite web |last1=McGeveran |first1=Elizabeth |date=16 October 2017 |title=Sustainability Focus, Extraordinary Performance |url=http://blog.mcknight.org/2017/10/sustainability-focus-extraordinary-performance/ |publisher=[[McKnight Foundation]]}}</ref>

== History ==
Generation was founded in April 2004 by a group of seven founding partners led by [[Al Gore]] and David Blood.<ref>{{Cite web |last=Gandhi |first=Vikram S. |last2=Mehta |first2=Sarah |date=May 2020 |title=Generation Investment Management - Case - Faculty & Research |url=https://www.hbs.edu/faculty/Pages/item.aspx?num=57880 |access-date=2025-04-10 |website=Harvard Business School}}</ref> 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.<ref>{{Cite web |title= Al Gore launches climate change asset manager |url= https://www.ft.com/content/c109225a-4702-4164-90be-3b3c2886a508 |access-date=2021-10-27 |website= ft.com |language=en}}</ref> It closed its inaugural Climate Assets Fund I in 2023, raising $1.5 billion.<ref>{{Cite web |title= Just Climate raises $1.5 billion with help from Microsoft fund |url= https://www.reuters.com/business/environment/just-climate-raises-15-billion-with-help-microsoft-fund-2023-06-08/  |access-date=2023-08-08 |website= reuters.com |language=en}}</ref>

== Partnerships ==
* Net Zero Asset Managers initiative <ref>{{Cite web |title= Net Zero Asset Managers initiative publishes initial targets for 43 signatories as the number of asset managers committing to net zero grows to 273 |url= https://www.netzeroassetmanagers.org/net-zero-asset-managers-initiative-publishes-initial-targets-for-43-signatories-as-the-number-of-asset-managers-committing-to-net-zero-grows-to-273/ |access-date=2022-05-31 |website= netzeroassetmanagers.org |language=en}}</ref>
* [[Climate Pledge Fund|The Climate Pledge]]<ref>{{Cite web |title= Climate Pledge: 20 businesses including IBM and Iceland Foods join Amazon's net-zero commitment
|url= https://www.edie.net/climate-pledge-20-businesses-including-ibm-and-iceland-foods-join-amazons-net-zero-commitment/|access-date=2021-02-17 |website= edit.net |language=en}}</ref>
* [[Ceres (organization)|Ceres]]<ref>{{Cite web |title= Ceres Investor Network |url= https://www.ceres.org/networks/investor?listSearch=generation |access-date=2023-08-08 |website= ceres.org |language=en}}</ref>
* [[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]]<ref name=":3">{{Cite news |date=2021-09-28 |title=Al Gore's firm buys £483m stake in Octopus Energy Group |language=en-GB |work=BBC News |url=https://www.bbc.com/news/business-58713503 |access-date=2021-09-28}}</ref>
* [[Proterra, Inc.|Proterra]]<ref>{{cite web|last1=Muoio|first1=Danielle|title=The 'Tesla of buses' raises $55 million from Al Gore's investment arm as it eyes an IPO|url=https://www.businessinsider.com/proterra-55-million-al-gore-generation-investment-2017-6|work=[[Business Insider]]|date=June 13, 2017}}</ref>

==References==
{{Reflist}}

==External links==
* [http://www.ft.com/cms/s/e89d5134-f6b6-11db-9812-000b5df10621,dwp_uuid=b2e7f792-b6a6-11db-8bc2-0000779e2340,Authorised=false.html?_i_location=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2Fe89d5134-f6b6-11db-9812-000b5df10621%2Cdwp_uuid%3Db2e7f792-b6a6-11db-8bc2-0000779e2340.html&_i_referer=http%3A%2F%2Fwww.google.co.uk%2Fsearch%3Fq%3Dgeneration+investment+management/  Generation Investment Management Profile from the Financial Times] (requires log-in)
* [https://web.archive.org/web/20080515180544/http://www.generationim.com/media/pdf-wsj-28-03-06.pdf For People and For Planet], a 3/28/06 [[op-ed]] in [[The Wall Street Journal]] by Al Gore and David Blood
* [https://www.wsj.com/articles/SB122584367114799137 We Need Sustainable Capitalism], an 11/5/08 op-ed in The Wall Street Journal by Al Gore and David Blood
* [https://web.archive.org/web/20080509141241/http://www.generationim.com/media/pdf-ft-30-04-07.pdf When Principles Aid Performance], an article about the firm from the Financial Times, April 2007
* [https://web.archive.org/web/20081013130915/http://www.csrwire.com/article.cgi/3250.html Generation Announces Plans For New Investment Management Firm], the November 2004 [[press release]]
* [http://www.secinfo.com/d13P5q.u1q.htm#1stPage/ SEC Regulatory Information and Disclosed Holdings]
* [https://www.wired.co.uk/article/al-gore-sustainability-generation-investment-management-interview Al Gore and David Blood interviewed] by [[Wired (magazine)|WIRED]], April 2018

[[Category:Al Gore]]
[[Category:Investment management companies of the United Kingdom]]
[[Category:2004 establishments in the United Kingdom]]
[[Category:Financial services companies established in 2004]]
[[Category:Companies based in the City of Westminster]]
[[Category:Asset management companies]]