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The founder of Patagonia is giving his company away to help fight climate change

Added 09-15-22 02:07:02am EST - “Patagonia founder Yvon Chouinard says he will give his company over to a trust, with future profits being donated to causes fighting climate change.” - Npr.org

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Posted By TheNewsCommenter: From Npr.org: “The founder of Patagonia is giving his company away to help fight climate change ”. Below is an excerpt from the article.

Patagonia founder Yvon Chiounard announced Wednesday he is giving his entire company away to a trust and a nonprofit. Patagonia hide caption

Patagonia founder Yvon Chiounard announced Wednesday he is giving his entire company away to a trust and a nonprofit.

Patagonia founder Yvon Chouinard, who has previously expressed his reluctance at amassing wealth, is giving away his company.

The outdoor apparel company will now be in the hands of a trust and a nonprofit organization. All future profits will be donated to help fight climate change, the company announced Wednesday.

"It's been a half-century since we began our experiment in responsible business," Chouinard, 84, said. "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."

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