Patagonia Founder Donates Entire Company To Fight Climate Change

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Yvon Chouinard donated his entire company, Patagonia, to fight climate change (Credit: Patagonia.com)

Yvon Chouinard, the founder and CEO of outdoor apparel and gear company Patagonia, has always been a climate activist. Most of Patagonia's products are made using renewable and recycled raw materials. Additionally, since 1985, the company has been donating one percent of its annual sales to protect and restore the environment.

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  • dance-machine
    dance-machine3년 이하
    Wow that’s so generous! We NEED more people like this in our world! I love when he said this "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. As the business leader, I never wanted to be, I am doing my part." I love how he’s helping our world and doing his part. Most of Patagonia's products are made using renewable and recycled raw materials, so it’s more friendly to our environment. The company's voting shares (two percent of the total stock) will now be owned by the Patagonia Purpose Trust, specially created to protect the company's values. The non-voting shares (98 percent) are being transferred to Holdfast Collective, a nonprofit dedicated to fighting climate change and preserving undeveloped land worldwide. Patagonia will donate all its profits — about $100 million a year— to the nonprofit. I think this was a good choice and more people should follow his actions.#generous #enviroment #climate
    • diva-b3th4ny
      diva-b3th4ny3년 이하
      WOW! What a start to make the world better! I wish more people and countries would follow this guide to fight climate change! What a step up on the world! Good on him making this world a better place! #climate change #Yvon Chouinard #founder and CEO of outdoor apparel and gear company Patagonia #make the world a better place #fight climate change!
      • purplepearls
        purplepearls3년 이하
        wow

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