Our mission

Our vision is a sustainable world in which prosperity is shared broadly, in a society that achieves wellbeing for all, protects nature and preserves a habitable climate. We seek to pursue our vision with urgency by:

1. Delivering long-term, attractive, risk-adjusted investment returns and positive impact.*

2. Advocating for the adoption of sustainable investing by the wider market.

^{* Generation seeks to deliver attractive returns and positive impact, but there can be no guarantee this goal will be achieved.}

Climate change

The climate crisis is already upon us. Urgent action is required from the investment industry to accelerate decarbonisation in the real economy, limit global temperature rise in line with the stated goals of the Paris Agreement and ensure a just transition. This is an inseparable part of our fiduciary responsibility.

In 2020, Generation committed to align the investment portfolios we manage on behalf of our clients with net-zero emissions by 2040. We worked with peers and partners to help establish the Net Zero Asset Managers initiative (NZAM). Our initial target as signatories of the initiative was to achieve 60% science-based target (SBT) coverage across all assets under management by 2025, which we achieved. We have submitted our next target, for 2030, for validation by the Science Based Target initiative (SBTi). Generation has published a booklet, Making Sense of Climate Change, to guide companies through our expectations.

As a sustainable investment manager, Generation does not invest in fossil-fuel companies or fossil fuel-fired power. We are signatories of the Powering Past Coal Alliance Finance Principles.

Nature

Our planet’s natural assets are being systematically degraded and biodiversity is declining at the fastest rate in human history. The climate and nature crises are linked – we cannot get to net zero without acting to protect, better manage and restore our natural systems, alongside supporting front-line communities.

A critical step is to halt obvious destruction of nature, notably deforestation. Generation is a member of the Deforestation Investor Group (DIG), whose mission is to amplify investor action as part of a multistakeholder effort to tackle deforestation. As participants we are working to mitigate deforestation risk exposure, in alignment with the Global Stocktake goal to halt and reverse deforestation and forest degradation by 2030.

We publish a Climate and Nature Report & Transition Plan annually.