'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

Michael Holder
Author spotlight

Michael Holder

Editor

View profile
More from Michael Holder

'It isn't magic, but it's close': Better Dairy and the quest for cow-free cheese

Financial firms join UK taskforce to help unlock climate investment in developing economies

More on Management

Osborne Clarke's Caroline Bush: The opportunities presented by nature markets are 'really exciting'
Management

Osborne Clarke's Caroline Bush: The opportunities presented by nature markets are 'really exciting'

Caroline Bush reflects on the challenges of covering the 'full gamut' of environmental law, and how nature markets have been a 'natural progression' for Osborne Clarke

BusinessGreen staff
BusinessGreen staff
clock 19 May 2025 • 10 min read
Why the private sector should embrace sustainability to drive business value
Management

Why the private sector should embrace sustainability to drive business value

By recognising the scale of public support for sustainability and its ability to unlock value, business leaders can gain a competitive edge and also drive sustainable behaviour change, writes Anthesis chief executive Stuart McLachlan

Stuart McLachlan, Anthesis
clock 19 May 2025 • 4 min read
Equans UK and Ireland's Chris O'Connor: 'All roads will eventually lead to net zero'
Management

Equans UK and Ireland's Chris O'Connor: 'All roads will eventually lead to net zero'

Equans' head of hydrogen explains why we should celebrate every single low carbon industrial project

BusinessGreen staff
BusinessGreen staff
clock 16 May 2025 • 3 min read