'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

How the WSL plans to keep 'watering' the seeds sown at its greenest ever cup final

How the WSL plans to keep 'watering' the seeds sown at its greenest ever cup final

The WSL's Hannah Buckley talks tactics from the recent Subway League Cup Final and explains how football's big moments can drive 'systemic change'

Stuart Stone
clock 26 March 2026 • 10 min read
How to build consumer trust in an age of suspicion

How to build consumer trust in an age of suspicion

Community engagement via projects that cut consumer costs and emissions can build brand loyalty, reduce risk, and create resilience, writes Hubbub's Gavin Ellis

Gavin Ellis, Hubbub
clock 26 March 2026 • 4 min read
UK Green Business Awards 2026: Finalists announced

UK Green Business Awards 2026: Finalists announced

The full short list for this year's UK Green Business Awards has been unveiled

BusinessGreen staff
clock 25 March 2026 • 9 min read