Image: Shutterstock/sylv1rob1 Image: Shutterstock/sylv1rob1 PATAGONIA’S FOUNDER HAS given away his multi-billion company to a non-profit organisation in an effort to combat climate change.“If we have any hope of a thriving planet, much less a business,” he added, “it is going to take all of us doing what we can with the resources we have.”
‘Ecological destruction’ In an open-letter announcing the change in ownership, Chouinard explained: “Each year, the money we make after reinvesting in the business will be distributed as a dividend to help fight the crisis.” He says the company began to use materials that caused less harm to the environment and gave away one percent of sales each year.However, while he said the company was doing its best – and will continue to donate one percent of sales – he added that Patagonia needed to “find a way to put more money into fighting the crisis”.Hey, friends, we just gave our company to planet Earth. OK, it’s more nuanced than that, but we’re closed today to celebrate this new plan to save our one and only home.
“Each year, the money we make after reinvesting in the business will be distributed as a dividend to help fight the crisis,” said Chouinard.
A great example. Let other business leaders take note.
😂🤣 Keep her lit Yvon they’re buying in wholesale.
What a load of bollix
Wait until he finds out the climate crisis is a manufactured hoax and he would have been better off giving his money to the cats and dogs home.
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