'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

'Green hushing' risks just transition momentum when it's needed most

'Green hushing' risks just transition momentum when it's needed most

Haley St. Dennis, Institute for Human Rights and Business
clock 04 November 2025 • 6 min read
SBTi: Number of firms with net zero goals triples in 18 months

SBTi: Number of firms with net zero goals triples in 18 months

Poll of leading corporates finds vast majority are enjoying reputational and financial benefits from having a validated emissions target in place

Stuart Stone
clock 03 November 2025 • 4 min read
Sustainable Ventures cuts ribbon on new climate tech start-up hub in Manchester

Sustainable Ventures cuts ribbon on new climate tech start-up hub in Manchester

Investment firm announces launch of Manchester hub for climate start-ups following success of London co-working space

clock 31 October 2025 • 3 min read