Patagonia is a private company based in Ventura, California, that sells outdoor apparel and equipment. Yvon Chouinard founded the company in 1973.
"If we have any hope of a thriving planet 50 years from now, it demands all of us doing all we can with the resources we have," Chouinard said in a statement Wednesday. "Instead of extracting value from nature and transforming it into wealth, we are using the wealth Patagonia creates to protect the source."
"Two years ago, the Chouinard family challenged a few of us to develop a new structure with two central goals," said Patagonia CEO Ryan Gellert in the press release. "They wanted us to both protect the purpose of the business and immediately and perpetually release more funding to fight the environmental crisis. We believe this new structure delivers on both and we hope it will inspire a new way of doing business that puts people and planet first.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Patagonia founder Yvon Chouinard gives away company to help fight climate changePatagonia founder Yvon Chouinard is transferring ownership of the company after nearly 50 years into 2 entities to help fight the climate crisis. There is no climate crisis. It’s a scam.
Source: ABC7Chicago - 🏆 284. / 63 Read more »
Patagonia founder Yvon Chouinard gives away company to help fight climate changePatagonia's founder is transferring ownership of the company after nearly 50 years into two entities that will help fight the climate crisis. It´s just about control of humanity since they know the economy will collapse. CO2 lockdowns coming? The Gov: 'You can breath in but...' 🤡 The prices are high enough to ignore this brand as it is. Add this…go woke, go broke. Good riddance.
Source: ABC7 - 🏆 67. / 68 Read more »
Patagonia founder Yvon Chouinard gives away company to combat climate changeFounder Yvon Chouinard said he will put 100% of the company’s voting stock into a trust. Figured the guy would be educated. At least this shows you can be easily manipulated, have no actual opinion, and use mainstream media 'facts' to live life and be rich. I'm surprised the billionaire elitist allowed this for earth !
Source: FOXLA - 🏆 445. / 53 Read more »
Patagonia Founder Gives Away Entire Company To Fight Climate ChangeAll future Patagonia profits that aren’t reinvested into the company will go toward combating climate change, the company said, stripping founder Yvon Chouinard of his billionaire status. 👏🏼👏🏼👏🏼👏🏼👏🏼👏🏼👏🏼 Great article. 写7谢谢7777777777777谢谢77
Source: Forbes - 🏆 394. / 53 Read more »
Patagonia founder gives away apparel company to save EarthYvon Chouinard, the billionaire founder of the outdoor apparel brand, says he is giving away the company to a trust that will use its profit to fight the climate crisis. Decent guy.
Source: trtworld - 🏆 101. / 63 Read more »