Al Gore’s Firm Invests In Chinese Slave Labor And Media Censorship

Former Vice President of the U.S. Al Gore owns a $36 billion investment fund which is primarily concerned with social stability and preserving the environment, but the companies he has been investing in benefit from Chinese slave labor and internet censorship.

Gore formed “Generation Investment Management” back in 2004. According to the firm’s investment report, it has stakes in Chinese companies like Tencent, Alibaba and Anta.

Tencent is a Chinese entertainment and technology conglomerate that regularly helps the Chinese Communist Party censor the internet in China and also spies on foreign users on apps like WeChat.

The sports wear company Anta has been accused of using slave labor in Xinjiang to pick cotton for the company’s products.

Alibaba, the Chinese e-commerce giant, has been linked to the People’s Liberation Army.

There has been a rising trend of companies like Generation Investment Management which are very active about social justice but in reality, these companies are profiting from Chinese businesses that serve Beijing’s communist regime.

Other companies that have been under fire for similar situations include Coca-Cola, Major League Baseball and Delta. These companies were earning billions of dollars in revenue from China while condemning Georgia’s voting laws in the U.S.

The baseball league made a deal with Tencent just days after pulling its All-Star Game from Atlanta because of Georgia’s voting laws. Tencent and the baseball league got into an agreement despite the ban on airing of NBA games in China by Tencent, as one of the league’s executives supported democracy in Hong Kong.

Gore has criticized Republicans for passing un-American policies while he was making money from China. He defended Generation’s investments by claiming that these companies have plans to cut down the carbon emissions.

For years, Generation as well as companies like Tencent and Alibaba have been working together to reduce their carbon emissions. These companies are leaving the west behind as they are planning to take down carbon emissions to net-zero by 2030.
As far as Anta is concerned, Generation likes the business as it’s a successful clothing brand with a good management team and a lot of room to grow. However, Generation is familiar with Anta’s slave labor practices.

Generation claimed that they are talking with Anta regarding the issue and the clothing company is working towards abolishing slave labor from their supply chain. However, Anta continued to use cotton from slave labor and even stated in 2021 that the apparel company would keep on doing so.

Like Gore, the Biden administration’s current Special Presidential Envoy for Climate and former Democratic presidential candidate, John Kerry also has investments in several questionable Chinese companies, including a firm which has been accused of labor abuses.