Generation launches $1.7bn sustainable fund

Generation Investment Management has announced the launch of its $1.7 billion Sustainable Solutions Fund IV.

The fund invests in high-growth companies that are shifting industries toward sustainability and responsible innovation and includes:

Planetary health: net-zero-carbon solutions transforming mobility, agriculture, energy and enterprise by reducing waste and emissions, and enhancing biodiversity

People health: enabling better health outcomes and a lower-cost, more accessible healthcare system

Financial inclusion: supporting access to finance, reducing inequality and supporting an equitable future of work

David Blood, Senior Partner of Generation Investment Management, said: “Sustainability has been and will always be at the core of our mission, but we know we cannot achieve this mission on our own. We believe partnership is the way to succeed. When companies and entrepreneurs work with Generation, they don’t just get a single point of contact. They gain access to our team, extended network and a continuum of capital across private and public equity to help them scale and transform, and to bring system-positive change for generations to come.”