David Blood is co-founder and Senior Partner of Generation Investment Management. Previously, he spent 18 years at Goldman Sachs including serving as co-CEO and CEO of Goldman Sachs Asset Management from 1999-2003. David received a B.A. from Hamilton College and an M.B.A. from the Harvard Graduate School of Business. He is on the board of Dialight, New Forests, Motivate International, On the Edge Productions, SHINE, Social Finance UK and WRI. David is also a life trustee of Hamilton College.
In this insightgul interview, David gives his views on the extraordinary economic moment we are in. He stresses the importance of finance as the issues of today cannot be solved by government or civil society alone. With reference to considerable changes in the past decade, he outlines the present state of sustainability in finance and how it is starting to capture the interest of the business community. He questions the myth of trade-offs by asserting how sustainability is integral to sensible investment as it embeds the long-term interests of clients. David addresses the dichotomy surrounding economic growth and whilst emphasising the perils of consumerism and macroeconomic growth policies, stresses how sustainable investments allow for growth opportunities even within a no-growth environment. Finally, he suggests some of the key areas of sustainability that he believes must be addressed going forward, notably a global price on carbon.