'Earth is our only shareholder': Patagonia overhauls ownership to 'help fight the climate crisis'

Michael Holder
clock • 4 min read
Yvon Chouinard has transferred his ownership of the US brand to two holding trusts | Credit: Patagonia
Image:

Yvon Chouinard has transferred his ownership of the US brand to two holding trusts | Credit: Patagonia

Multi-billion dollar outdoor apparel brand enshrines environmental values into ownership with plan to donate $100m each year towards fighting climate crisis

Yvon Chouinard, the founder of leading US outdoor brand Patagonia, has transferred his family's ownership of the multi-billion dollar business into two holding trusts in a bid to permanently enshrine its...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Management

BSI and ISO unveil updated 'world leading standard' for environmental management

BSI and ISO unveil updated 'world leading standard' for environmental management

British Standards Institution and International Organisation for Standardisation launch newly-revised edition of the popular BS EN ISO 14001 standard

Michael Holder
clock 15 April 2026 • 3 min read
How growing up in a circus helped Luke Howell create sustainability strategies for live events

How growing up in a circus helped Luke Howell create sustainability strategies for live events

Hope Solutions' founder and director explains how there is still a disconnect between lived experiences and recognising their climate links

Stuart Stone
clock 14 April 2026 • 6 min read
Greggs sets sights on net zero energy by 2030

Greggs sets sights on net zero energy by 2030

Chain serves up fresh climate and waste pledges, as it confirms it has more than halved emissions intensity since 2019

Stuart Stone
clock 13 April 2026 • 3 min read