2025 Impact Report: Promise & Precaution

June 10, 2026

What's inside GEM's 2025 Impact Report:

The pace of AI's advancement over the past year has been extraordinary, reshaping nearly every sector of the global economy. It carries meaningful potential to improve outcomes for people and the planet, yet it also introduces new risks to the environment, the workforce, and data privacy. This year's report, Promise & Precaution, examines that duality and offers insight into how GEM is navigating it on behalf of our clients.

• The Bad, The Good, and The Unknown: A look at the known ways AI is already shaping the world today—from its environmental footprint and labor market disruption to its potential to expand access and accelerate learning—alongside the longer-term questions that remain to be seen.
• AI Working for Stakeholders: Portfolio examples of companies that are using AI to expand healthcare access, create economic opportunity through education and workforce development, and reduce AI's own environmental footprint.
• Deepening Our Diligence: An introduction to our new structured ESG questionnaire, designed to deepen our understanding of how managers assess considerations like sustainability risk, climate, and AI.
• Living Out Our Values: A look beyond the portfolio at our client partnerships, the GEM Foundation, and our community engagement throughout 2025.

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