For nearly 50 years, Yvon Chouinard has been leading the apparel company, creating an image for a brand that focuses on the planet rather than profit. In the past, Patagonia has used materials that are less harmful to the environment, as well as giving away 1% of sales to fight the climate crisis. On Wednesday, he posted a press release on theIn a letter, Chouinard wrote that he never wanted to be a businessman.
100% of the company’s voting stock will now be transferred to the Patagonia Purpose Trust, and 100% of the nonvoting stock will go toward Holdfast Collective, a nonprofit that pledges to fight the environmental crisis and defend nature.
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:
Great gear, amazing generosity.
Taiwan is pissed. They might have to lay off their first 9 year old.
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 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 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 owner donates $3 billion company to climate change activismThe founder of outdoor apparel and gear company Patagonia announced Wednesday that he is giving his company away after 50 years to groups that advocate climate change mitigation. patagonia What a waste patagonia 😂😂😂😂 patagonia Maybe he could feed the poor, but nah let’s throw money at the clouds
Source: dcexaminer - 🏆 6. / 94 Read more »
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 »