Patagonia Founder Donates Company: 'The Earth Is Now Our Sole Shareholder'

Patagonia Founder Donates Company: ‘The Earth Is Now Our Sole Shareholder’

Patagonia founder Yvon Chouinard announced on Wednesday that he is divesting the outdoor apparel business – an unorthodox move intended to contribute to the fight against climate change and the environmental crisis. In a letter posted on the company’s website, Chouinard wrote that ownership of the company, which was founded in 1973 and was reportedly …

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