Generation Investment Management
Encyclopedia
Generation Investment Management LLP (GIM) is a London-based investment management firm with an investment style
that blends traditional equity research with a focus on sustainability factors, including social and environmental responsibility and corporate governance.
Generation Investment Management LLP is authorized and regulated by the Financial Services Authority
in the UK.
Generation has built a global research platform to integrate sustainability research into fundamental equity
analysis. The firm focuses on the economic, environmental, social, and governance risks and opportunities that can materially affect a company's ability to sustain profitability and deliver returns.The company has been criticized for alleged profiteering on public guilt over carbon emissions.
issues. Past areas of focus have included climate change
, poverty
and development, ecosystem services and biodiversity, water scarcity, pandemics, demographics and migration, and urbanization.
In November 2007, Generation and Kleiner Perkins Caufield & Byers (KPCB) announced a global collaboration to "find, fund and accelerate green business, technology and policy solutions with the greatest potential to help solve the current climate crisis." As part of the collaboration, prominent KPCB Partner John Doerr
joined Generation's Advisory Board.
Investment style
Investment style refers to different style characteristics of equities, bonds or financial derivatives within a given investment philosophy.Theory would favor a combination of big capitalization, passive and value...
that blends traditional equity research with a focus on sustainability factors, including social and environmental responsibility and corporate governance.
Generation Investment Management LLP is authorized and regulated by the Financial Services Authority
Financial Services Authority
The Financial Services Authority is a quasi-judicial body responsible for the regulation of the financial services industry in the United Kingdom. Its board is appointed by the Treasury and the organisation is structured as a company limited by guarantee and owned by the UK government. Its main...
in the UK.
Generation has built a global research platform to integrate sustainability research into fundamental equity
Stock
The capital stock of a business entity represents the original capital paid into or invested in the business by its founders. It serves as a security for the creditors of a business since it cannot be withdrawn to the detriment of the creditors...
analysis. The firm focuses on the economic, environmental, social, and governance risks and opportunities that can materially affect a company's ability to sustain profitability and deliver returns.The company has been criticized for alleged profiteering on public guilt over carbon emissions.
History
Generation was founded in 2004 and began investing client money in April 2005. With offices in London and New York, the firm employs 38 people. Generation's Advisory Board, convened by Gore, helps set Generation's long-term thematic research agenda into global sustainability and renewable energyRenewable energy
Renewable energy is energy which comes from natural resources such as sunlight, wind, rain, tides, and geothermal heat, which are renewable . About 16% of global final energy consumption comes from renewables, with 10% coming from traditional biomass, which is mainly used for heating, and 3.4% from...
issues. Past areas of focus have included climate change
Climate change
Climate change is a significant and lasting change in the statistical distribution of weather patterns over periods ranging from decades to millions of years. It may be a change in average weather conditions or the distribution of events around that average...
, poverty
Poverty
Poverty is the lack of a certain amount of material possessions or money. Absolute poverty or destitution is inability to afford basic human needs, which commonly includes clean and fresh water, nutrition, health care, education, clothing and shelter. About 1.7 billion people are estimated to live...
and development, ecosystem services and biodiversity, water scarcity, pandemics, demographics and migration, and urbanization.
In November 2007, Generation and Kleiner Perkins Caufield & Byers (KPCB) announced a global collaboration to "find, fund and accelerate green business, technology and policy solutions with the greatest potential to help solve the current climate crisis." As part of the collaboration, prominent KPCB Partner John Doerr
John Doerr
L. John Doerr is an American venture capitalist at Kleiner Perkins Caufield & Byers in Menlo Park, California, in Silicon Valley. In February 2009, Doerr was appointed as a member of the President's Economic Recovery Advisory Board to provide the president and his administration with advice and...
joined Generation's Advisory Board.
Partnerships
- The Alliance for Climate Protection (Repower America)
- World Resources InstituteWorld Resources InstituteThe World Resources Institute is an environmental think tank founded in 1982 based in Washington, D.C. in the United States.WRI is an independent, non-partisan and nonprofit organization with a staff of more than 100 scientists, economists, policy experts, business analysts, statistical analysts,...
- Natural Resources Defense CouncilNatural Resources Defense CouncilThe Natural Resources Defense Council is a New York City-based, non-profit, non-partisan international environmental advocacy group, with offices in Washington DC, San Francisco, Los Angeles, Chicago, and Beijing...
- The Climate ProjectThe Climate ProjectThe Climate Project was founded by Nobel laureate Al Gore in June 2006 and is a non-profit organizationdedicated to calling attention to what it believes are global problems associated with climate change...
- Mistra Foundation
Funding opportunities
Generation Investment Management suggest use the funding opportunities from:- CleanTech Venture Network (Ernst & YoungErnst & YoungErnst & Young is one of the largest professional services networks in the world and one of the "Big Four" accountancy firms, along with Deloitte, KPMG and PricewaterhouseCoopers ....
) - Investors´ Circle (USA)
External links
- Generation Investment Management
- Announcement of collaboration with KPCB
- 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)
- For People and For Planet, a 3/28/06 op-edOp-edAn op-ed, abbreviated from opposite the editorial page , is a newspaper article that expresses the opinions of a named writer who is usually unaffiliated with the newspaper's editorial board...
in The Wall Street JournalThe Wall Street JournalThe Wall Street Journal is an American English-language international daily newspaper. It is published in New York City by Dow Jones & Company, a division of News Corporation, along with the Asian and European editions of the Journal....
by Al Gore and David Blood - We Need Sustainable Capitalism, a 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
- Generation Announces Plans For New Investment Management Firm, the November 2004 press release
- SEC Regulatory Information and Disclosed Holdings
- Al Gore's Inconvenient Profit