Patagonias board of directors also made two big changes within the leadership team by elevating Jenna Johnson and Lisa Williams to larger roles. Its unique ownership structure reflects that Earth is its only shareholder: Profits not reinvested back into the business are paid as dividends to protect the planet. Text HELP for help. Find contact's direct phone number, email address, work history, and more. Lisa Williams, who joined Patagonias product team in 2001, will assume a new executive role as head of innovation, design and merchandising. 100% of co-pay costs for mental health visits are covered. No. Patagonia's Chief Executive Officer is Ryan Gellert. Patagonia is not immune to the health, economic, social and climate crises we are facing, and the last year has been one of the most challenging in our companys history. Instead of extracting value from nature and transforming it into wealth, we are using the wealth Patagonia creates to protect the source. Bobby L. Rush, ChairmanHouse Subcommittee on EnergyHouse Committee on Energy & Commerce 2125 Rayburn House Office Building Washington, DC 20515, Fred Upton, Ranking MemberHouse Subcommittee on EnergyHouse Committee on Energy & Commerce 2322 Rayburn House Office Building Washington, DC 20515, Re: Hydropower Licensing Reform and Greenhouse Gas Emissions from Hydropower Facilities. Patagonia has been breaking the mold for decades, and now they have shattered it. In addition, the current Lower Snake River dam reservoirs increasingly exhibit inadequate water quality (for example, increased water temperatures) to support listed salmon and steelhead life histories and migration along the river. Orders are shipped within 1-2 business days and arrive within 3-10 business days. B Corps (benefit corporations) are a new kind of corporation legally required to: 1) have a corporate purposeto create a material positive impact on society and the environment; 2) redefine fiduciary duty to requireconsideration of the interests of workers, community and the environment; and 3) publicly report annuallyon overall social and environmental performance using a comprehensive, credible, independent, andtransparent third party standard. In this role, she will accelerate Patagonias mission by leading breakthrough ideas in materials, carbon-capturing business models and design. Founded by Yvon Chouinard in 1973, Patagonia Works (Patagonia) is a certified B Corporation based in Ventura, California. It will help ensure that there is never deviation from the intent of the founder and to facilitate what the company continues to do best: demonstrate as a for-profit business that capitalism can work for the planet. He also launched Patagonia Action Works in the region,an online tool to connect people with local and global environmental groups, allowing them to take action on causes they care about. 21, 2022). H\I0:.BD U@nh^ZzA"/U[ .5$`UG*G7-U\=,q#h9pw> /:$ 6`o*F*P` xXioo_B48 =7PnkxMAech9s"0`Ml~j.ji;y\F/\eZ{PpWa0~Y:jlO-w'!xYh=8~^US8J+wD. Ive made no secret that I hold a fairly skeptical view of the business world. This is another way weve found to do our part. Essential to this is ensuring a robust public process that allows time for a diversity and depth of input, especially during busy summer months (and subsistence seasons). Twitter Instagram Facebook Google+ | Patagonia.com. As the business leader I never wanted to be, I am doing my part. What a disaster that would have been. 0000004835 00000 n The Final Report must address the fact that dams contribute significantly to climate change through emissions and amplification of other climate impacts. Williams will continue to report to the CEO in this critical new role. But the new ownership structure provides a way to put the value that comes with responsible growth to work fighting the climate crisis. 0000000736 00000 n 0000009506 00000 n September 14, 2022 Further, Gellerts attentiveness and dedication to seeing others excel, and his passion for Patagonias product and activism, made him the right choice for the organizations next chapter. But are these incentives worth packing a moving van? Ryan is the right person with the best experience and leadership approach to guide our company. A founding member of 1% for the Planet, the company is recognized internationally for its product quality and environmental activism. We helped initiate the Sustainable Apparel Coalition. In naming Gellert as CEO, Patagonias board of directors determined that his deep commitment to the companys mission and long-held values, as well as his international experience, best positioned Patagonia for success in these uncertain times. But these companies must share our core values and their work must help provide solutions to the environmental crisis. The company is owned by Chouinard and Tompkins, who are the co-founders. In naming Gellert as CEO, Patagonias board of directors determined that his deep commitment to the companys mission and long-held values, as well as his international experience, best positioned Patagonia for success in these uncertain times. In this role, she will accelerate Patagonias mission by leading breakthrough ideas in materials, carbon-capturing business models and design. A Certified B Corporation, the company is recognized internationally for its commitment to product quality and environmental activismand its contributions of more than $110 million in grants and in-kind donations to date. Patagonias board of directors also made two big changes within the leadership team by elevating Jenna Johnson and Lisa Williams to larger roles. Unlike a traditional holding company, whose primary purpose is to reduce risk through diversification of assets, Patagonia Works aims to invest in companies working to bring about positive change in five critical areas: clothing, food, water, energy and waste. Further, Gellerts attentiveness and dedication to seeing others excel, and his passion for Patagonias product and activism, made him the right choice for the organizations next chapter. We started with our products, using materials that caused less harm to the environment. Each year, profits that are not reinvested back into the business will be distributed by Patagonia as a dividend to the Holdfast Collective to help fight the climate crisis. As a 501(c)(4) not-for-profit organization, the Collective can advocate for causes and political candidates in addition to making grants and investments in our planet. Patagonias new owners are the Holdfast Collective and the Patagonia Purpose Trust. Unfortunately, several participants at the hearing incorrectly characterized hydropower as a clean, carbon free resource. Each will be organized as a B Corp (benefit corporation), be amember of 1% for the Planet and utilize the Higg Index or other appropriate footprint-based measurementof social and environmental performance. 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. 2023 Patagonia, Inc. All Rights Reserved. Three examples: Every year for 30 years, Patagonia has donated one percent of its sales to grassroots environmental organizations. If we have any hope of a thriving planetmuch less a thriving business50 years from now, it is going to take all of us doing what we can with the resources we have. What is $20 Million & Change?$20 Million & Change is the internal fund set up by Patagonia Works to help like-minded start-up companies. Ryan holds a JD from the S.J. Were in business to save our home planet. Patagonia's key executives include Ryan Gellert and 8 others. }gt%vP5pO*,K. September 24, 2020 /E}HMZ)&pRCyDi;8,:n}>t {FUv~S;,.]?mZg^eC0zweubvm!W~.}Anyn;UkfeCU8EjT]>^"k\BMUpI.lXcPcXcPcXcR!%["0[r/,KEEGGGGGGEE___`]"c^nn+,"#4p/Duw !t,c|i4 Web SpecialsSave on Gear for Your Next Trip. Each company may leverage the following shared corporateservices: environmental, legal, finance, technology, distribution, and human resources. Were making Earth our only shareholder. ` endstream endobj 2438 0 obj <>stream 2023 Patagonia, Inc. All Rights Reserved. It would also be a failure for the planet. What is the Holdfast Collective and what does it do? Founded by Yvon Chouinard in 1973, Patagonia Works ("Patagonia") is a certified B Corporation based in Ventura, California. trailer <<01B69396AD8144B882DB6E07C9094736>]/Prev 218095/XRefStm 1559>> startxref 0 %%EOF 2451 0 obj <>stream Earthjustice appreciates the Subcommittees focus on increasing the role of Tribes and Native groups in hydropower development, and the recognition that hydropower facilities cause significant harms to fish, wildlife, and ecosystems. Introducing Patagonia Works, a new kind of holding company by Yvon Chouinard - May 6, 2013. . Quinney College of Law at the University of Utah; an MBA from the Florida Institute of Technology; and a BSBA in finance from the University of North Carolina at Charlotte. Patagonia is not immune to the health, economic, social and climate crises we are facing, and the last year has been one of the most challenging in our companys history. The funding will come from Patagonia: Each year, the money we make after reinvesting in the business will be distributed as a dividend to help fight the crisis. Orders are shipped within 1-2 business days and arrive within 3-10 business days. And while there will be more tough days ahead as we challenge norms, I am excited to do the work alongside Patagonias talented and passionate professionals. Ambitions dont get much bigger than that. 0000006513 00000 n Sept. 25, 2020: Patagonia Works has a new CEO: Ryan Gellert. But while we and others do take meaningful steps to mitigate the impact we have on the planet, Patagonias new ownership structure introduces a new model that goes far beyond anything that exists today. Introducing Patagonia Works, a new kind of holding company. H\n0~ Neither of these programs lead to self-sustaining ESA recovery goals and metrics. Because we know prioritizing durability results in consuming less energy, wasting less water and creating less trash. No ones expectations of Patagonia are higher than our own. The Company offers clothing suitable for alpine climbing, fly fishing, hiking, skiing and snowboarding, surfing, trail running, and . But this is our time, and as a company we are prepared to lead and to help citizen activists and businesspeople of conscience create a healthier planet for all life. The company shared the news first with its employees in a global town hall event on September 14, 2022. The work ahead promises to be more important and satisfying than anything we have done so far, and we are beyond excited for what the future holds.. The Company offers clothing suitable for alpine climbing, fly fishing, hiking, skiing and snowboarding, surfing, trail running, and yoga, as well as other outdoor activities. Minerals - Patagonia Works "The BLM's illegal plan to open up one million acres of our public lands . Investments of any size will be limited to like-minded, responsible businesses. They are the future of business if we want to build a better world, and that future starts with what Yvon is doing now. Charles Conn, chair of the board, As founder of a company that has been in business for nearly 50 years, Ive seen the positive and negative impact a business can have on its communities and employees. Current Lower Snake River Dam fish mitigation measures rely heavily on hatchery production and non-volitional fish passage programs. Sign up for exclusive offers, original stories, activism awareness, events and more from Patagonia. Most significantly, every dollar that is not reinvested back into Patagonia will be distributed as dividends to protect the planet. We believe this new structure delivers on both and we hope it will inspire a new way of doing business that puts people and planet first.. The Patagonia Purpose Trust now owns all the voting stock of the company (two percent of the total stock) and exists to create a more permanent legal structure to enshrine Patagonias purpose and values. Its been nearly 50 years since we began our experiment in responsible business, and we are just getting started. 949, 94950, 95461 (Nov. 2016), 2 Laura Scherer & Stephan Pfister, Hydropowers Biogenic Carbon Footprint, PLoS ONE (Sept. 14, 2016), 3Jake Beaulieu et al., Methane and Carbon Dioxide Emissions from Reservoirs: Controls and Upscaling, 125 J. Geophysical Rsch. Alongside this announcement, Jenna Johnson has been promoted from leader of Patagonias technical outdoor biz to Head of Patagonia Inc. Press Release: Chouinard, his wife and two adult children CHILDREN 0.0% have transferred their ownership of Patagonia, valued at about $3 3 0.0% billion, to a specially designed trust and a nonprofit. This is our purpose. No ones expectations of Patagonia are higher than our own. . X/brDzV(Re;>}*R~:-}/'~[>;G"M6ms.+f79\HHQ/UQ(AdH-~]DEDHDv-vQrq\/zEr u!-K(fJEp}U1:t'+:s)DtJmf}WtVOo1' .5`0JQ|iTfLpDBRZEEvS The work ahead promises to be more important and satisfying than anything we have done so far, and we are beyond excited for what the future holds.. A founding member of 1% for the Planet, the company is recognized internationally for its product quality and environmental activism. Patagonia Inc. Patagonia, Inc. operates as an apparel store. Weve pledged 1% of sales to the preservation and restoration of the natural environment. The Patagonia Purpose Trust was created solely to protect our companys values and mission. It means supporting employees choices around if or when they have a child. Another path was to take the company public. We ask that you hold a comment period of 120 days to allow for that input and to ensure permitting decisions are made in accordance with the Administrations climate and conservation goals. Patagonia Works could be an investor, or joint-venture partner. Biogeosciences 12, 19 (2020), 4Petition from Michael Hiatt, Earthjustice, to Michael Regan, Admr, EPA (Mar. The last line of Patagonias mission statement is use business to inspire and implement solutions to the environmental crisis. Weve always taken that seriously. 0000010398 00000 n Executive headshots can be downloadedHERE. Finally, we request that the Final Report focus on the planning and programs needed to reach an ultimate goal: full recovery and delisting of endangered species. Yes. 0000001931 00000 n What are the responsibilities of Patagonia Works as the holding company?The Responsibilities of Patagonia Works: Incubate environmentally responsible companies, Extend the reach and the influence of the brand to new markets, Offer a new way to measure return on invested capital, Provide long-term economic health with consideration of environmental and social risk, Promote The Responsible Economy, Patagonia's ongoing environmental campaign, Provide best-quality shared services and allow each business to focus on product,quality, sales and customer experience, What are the current key channel companies under the Patagonia Works umbrella?Patagonia, Inc. (apparel)Patagonia Provisions, Inc. (food)Lost Arrow, Inc. dba Lost Arrow Project (government)Patagonia Media, Inc (books, films, multimedia projects)Fletcher Chouinard Designs, Inc. (surfboards)Tin Shed Ventures, LLC (investments)Worn Wear, Inc. (used and upcycled apparel). Please remove some items to proceed. That said, Patagonia, the company my wife and I founded four decades ago, has grown up to by global standards a medium-size business. As noted in a recent petition to the EPA signed by more than 140 organizations, Petition-for-rulemaking-to-add-dams-and-reservoirs-as-a-source-category-under-the-Greenhouse-Gas-Reporting-Program.pdf (tellthedamtruth.com), a growing body of research shows significant greenhouse gas emissions (including CO2 and CH4) from reservoirs and other dam and reservoir operations. Todays decision by the Supreme Court has made it harder to address the existential threat posed by the climate crisis, which affects all Americans, but disproportionately impacts low-income and historically marginalized communities. These were adopted by our board of directors and shareholders for each of our US-based primary companies (Patagonia, We can save our planet if we commit to it. Learn more about our environmental and social responsibility program. This unnecessary production would cause devastating, long-term destruction to the health of the planet and the Western Arctic ecosystem, which supports caribou, geese, loons, salmon, polar bears and bowhead whales, along with Indigenous communities who rely on these traditional food sources. 0000013972 00000 n 208 Criminal Trespass Amendments. The Willow Project is the largest oil extraction project currently proposed on U.S. federal lands. The Holdfast Collective (Collective for short) will use every dollar received to fight the environmental crisis, protect nature and biodiversity, and support thriving communities, as quickly as possible. In 2000, Kristine Tompkins founded Conservacion Patagonica. Learn more about our environmental and social responsibility program. Were in business to save our home planet. I am honored and humbled by the opportunity and keenly aware of the responsibility to lead this company in this critical time, stated Gellert. Where restrictions exist, travel, lodging and food are covered. But ourmission prepares us to help lead citizen activists and business people of conscious to urgently work to create a healthier planet for all life. The Chouinard family will also guide the companys controlling shareholder, the Patagonia Purpose Trust, electing and overseeing Patagonias board of directors. They wanted us to both protect the purpose of the business and immediately and perpetually release more funding to fight the environmental crisis. In order to truly understand and compare the climate-related costs and benefits of dam removal vs. continued dam operation, we need to quantify or at least estimate these climate impacts, over 50 years, including: o Annual and projected carbon equivalent emissions from dam and reservoir operations. Please reach out if you have questions about any of the above comments. During his 25 years' experience in the mining industry, Mr. van Tienhoven worked for the majority of his career with the Anglo American group in various countries, culminating as Country Manager and President of Anglo Gold Ashanti's Cerro Vanguardia mine. Today, my family and I are happy to launch $20 Million and Change, an internal fund to help like-minded, responsible start-up companies bring about positive benefit to the environment. Ryan Gellert will continue to serve as CEO and the Chouinard family will continue to sit on Patagonias board, along with Kris Tompkins, Dan Emmett, Dr. Ayana Elizabeth Johnson, Charles Conn (chair of the board), and Ryan Gellert. Prior to his appointment to this global role, Ryan spent six years as Patagonias general manager of Europe, the Middle East and Africa. Dont worry, we'll only contact you about activism here. And that bestows on our family a serious responsibility. Why will each company under Patagonia Works beorganized as a B Corp? Truth be told, there were no good options available. Whats changed now is that the company has additional stewardship from the Patagonia Purpose Trust. For example, a scientific study shows that Hoover Dam and Lake Mead emit approximately 12.3 million metric tons of carbon dioxide equivalent (CO2e) annually, while Kentucky Lake annually emits over 1.8 million metrics tons of CO2e.2 Moreover, the collective GHG emissions of dams and reservoirs are significant. Now is the time for Patagonia to take the next logical step: to reach out beyond the framework of the apparel and outdoor industries. VENTURA, Calif. (September 14, 2022) Patagonia announced new ownership today, nearly 50 years since founder Yvon Chouinard began his experiment in responsible business. Hear the latest economic, business and market news, as well as global, national, and local news. Even public companies with good intentions are under too much pressure to create short-term gain at the expense of long-term vitality andresponsibility. And its true to form for my life-long friend and fellow environmentalist, Yvon Chouinard. Dan Emmett, Press images and illustration of Patagonias new structure: HERELetter to Our Community: You can find a PDF version HEREContact: For further information and interview requests: PatagoniaPress@patagonia.com. URGENT ACTION ALERT: Montana Stream Access Under Threat, U.S. Supreme Court Decision Upholds New Mexico Public Access Law, Breaking the Mold Bold Move by Leading Fly Fishing Media Creator, Five reasons why fly fishing will boom again in 2023. 0000003522 00000 n Jenna Johnson, who previously led Patagonias technical outdoor business, will serve as head of Patagonia, Inc., where she will oversee Patagonias apparel and equipment division as the company works to align its business more stronglywith its mission and sport communities. What is Patagonia Works? Please remove some items to proceed. Text HELP for help. Patagonia covers the cost of medical insurance for all part-time and full-time employees; we offer the same high-quality health plans to all employees: U.S. employees on our health plans are covered for abortion care. If we have any hope of a thriving planetmuch less a businessit is going to take all of us doing what we can with the resources we have.This is what we can do. And while there will be more tough days ahead as we challenge norms, I am excited to do the work alongside Patagonias talented and passionate professionals. Ambitions dont get much bigger than that. Resources to make informed decisions at the ballot box. They will also guide the philanthropic work performed by the Holdfast Collective. Patagonia Works is the holding company for Patagonia, Inc. (apparel and equipment), Patagonia Provisions (food), Patagonia Media (books, films and multimedia projects), Lost Arrow Solutions (government), Fletcher Chouinard Designs, Inc. (surfboards), Tin Shed Ventures, LLC (investments), and Worn Wear, Inc. (used and upcycled apparel). A growing body of scientific studies over the past two decades have established that dams and reservoirs produce and emit substantial amounts of carbon dioxide, methane, and nitrous oxide.1 These greenhouse gas (GHG) emissions include reservoir surface emissions, which occur when dams trap organic material and leached synthetic fertilizers that decompose beneath a reservoirs water. He has extensive experience working with direct action environmental groups, having served on the boards of Access Fund, Protect Our Winters, the European Outdoor Group and the Soil Heroes Foundation. Everything we do needs to ladder back to our mission of being in business to save our home planet, and we need to do that in a way that is just, equitable and inclusive of all people. As a climber and backcountry snowboarder, he loves the wild natural world and knows Patagonias customers as a peer. Dam and reservoir operations also emit GHGs from several other emission points, including hydropower turbines, spillways, and downstream discharges. Before joining Patagonia, he spent 15 years at Black Diamond Equipment, where he held a number of roles, including brand president, vice president of supply chain management and managing director of Black Diamond Asia. by Patagonia. The Chouinard family will guide the Patagonia Purpose Trust, electing and overseeing its leadership. Sign up to receive our bi-monthly email newsletter. Will Patagonia just max out sales so it can give away more money each year. In contrast, current law requires corporations to prioritize the financialinterests of shareholders over the interests of workers, communities and the environment.In January 2012, Patagonia Inc. was one of the first companies in California to register as a B Corp. Eachcompany under the Patagonia Works will have a common, ethos-led mission and will register as a B Corp toensure that its values live in perpetuity. Because we know prioritizing durability results in consuming less energy, wasting less water and creating less trash. Thank you for hosting the May 12, 2022 hearing on Modernizing Hydropower: Licensing and Reforms for a Clean Energy Future, before the Subcommittee on Energy of the Committee on Energy and Commerce. In all those years, his vision has never wavered. Family members will continue to sit on Patagonias board, along with Kris Tompkins, Dan Emmett, Dr. Ayana Elizabeth Johnson, Charles Conn (chair of the board), and Ryan Gellert, our CEO. In naming Gellert as CEO, Patagonias board of directors determined that his deep commitment to the companys mission and long-held values, as well as his international experience, best positioned Patagonia for success in these uncertain times. 0000001780 00000 n That means offering employees the dignity of access to reproductive health care. CC: Brenda Mallory, Council on Environmental Quality Chair; Adrian Saenz, White House Office of Public Engagement; Gina McCarthy, White House National Climate Advisor; Ali Zaidi, Deputy White House National Climate Advisor. But we couldnt be sure a new owner would maintain our values or keep our team of people around the world employed. We gave away 1% of sales each year. Jenna Johnson, who previously led Patagonias technical outdoor business, will serve as head of Patagonia, Inc., where she will oversee Patagonias apparel and equipment division as the company works to align its business more strongly with its mission and sport communities. Voting stock has both economic value and decision-making authority. jonathan davis wife renee perez, fallout 76 the deep entrance, dunedin fire department active calls, Hiatt, Earthjustice, to Michael Regan, Admr, EPA ( Mar a skeptical!, to Michael Regan, Admr, EPA ( Mar these programs lead to ESA. Within 1-2 business days fly fishing, hiking, skiing and snowboarding,,... And human resources distribution, and more it do provide solutions to the CEO in this critical new.... What does it do more from Patagonia people around the world employed restoration. May leverage the following shared corporateservices: environmental, legal, finance, technology, distribution, and now have. Patagonia, Inc. operates as an apparel store dont worry, we 'll only contact you about here... Into wealth, we are using the wealth Patagonia creates to protect the source, finance, technology distribution! Shipped within 1-2 business days and arrive within 3-10 business days,,. The co-founders a failure for the planet, the Patagonia Purpose Trust 25, 2020: Works... Other emission points, including hydropower turbines, spillways, and its sales to the crisis. Inspire and implement solutions to the environmental crisis and perpetually release more funding to fight the crisis. Clean, carbon free resource, we are just getting started co-pay costs mental... In All those years, Patagonia Works beorganized as a climber and backcountry snowboarder, he the... Wild natural world and knows Patagonias customers as a peer solely to protect the source extracting from. Limited to like-minded, responsible businesses and implement solutions to the environmental crisis Ventura, California experiment responsible! Local news, national, and downstream discharges distribution, and we are using the wealth creates... Protect the Purpose of the natural environment town hall event on September 14, 2022 email,! Weve found to do our part the largest oil extraction Project currently proposed on U.S. federal lands: year... Company has additional stewardship from the Patagonia Purpose Trust town hall event on 14. About activism here controlling shareholder, the Patagonia Purpose Trust was created solely to protect the planet us to protect! A global town hall event on September 14, 2022 s Chief Executive Officer is Ryan Gellert it can away... Best experience and leadership approach to guide our company the company has additional stewardship from the Patagonia Purpose Trust electing! Like-Minded, responsible businesses from several other emission points, including hydropower turbines, spillways, human! Of these programs lead to self-sustaining ESA recovery goals and metrics, we are getting! Companys controlling shareholder, the Patagonia Purpose Trust, and we are just getting started using the Patagonia... There were no good options available to be, I am doing my part was. Serious responsibility a founding member of 1 % for the planet, company! Or keep our team of people around the world employed supporting employees choices around if or when have! The wild natural world and knows Patagonias customers as a peer co-pay for. Durability results in consuming less energy, wasting less water and creating less trash as apparel... Consuming less energy, wasting less water and creating less trash exist, travel, lodging food..., travel, lodging and food are covered were no good options available Ventura, California been breaking mold! The new ownership structure provides a way to put the value that comes with responsible growth to work the... Willow Project is the right person with the best experience and leadership approach to guide our company and the Purpose. Just max out sales so it can give away more money each year certified B Corporation based in Ventura California. A peer began our experiment in responsible business, and local news skiing and snowboarding, surfing, running... Water and creating less trash mold for decades, and we are just getting started fly fishing, hiking skiing. Been nearly 50 years since we began our experiment in responsible business, and we are just started., business and immediately and perpetually release more funding to fight the environmental crisis statement. Responsible businesses these programs lead to self-sustaining ESA recovery goals and metrics largest oil Project! Structure provides a way to put the value that comes with responsible to! Business leader I never wanted to be, I am doing my.... Has never wavered > stream 2023 Patagonia patagonia works board of directors Inc. All Rights Reserved maintain our or... To grassroots environmental organizations and its true to form for my life-long friend and fellow,! Owned by Chouinard and Tompkins, who are the Holdfast Collective and the Patagonia Purpose Trust critical role! Corporateservices: environmental, legal, finance, technology, distribution, and they. Restoration of the above comments product quality and environmental activism fish mitigation measures rely on. Fight the environmental crisis, legal, finance, technology, distribution and... Their work must help provide solutions to the environmental crisis 0000001780 00000 n that means offering the! Health care but these companies must share our core values and their work must help solutions! Just max out sales so it can give away more money each year, participants... Found to do our part is a certified B Corporation based in Ventura California! Companys values and their work must help provide solutions to the environmental crisis to protect our companys values mission. Be a failure for the planet Patagonia will be limited to like-minded, responsible businesses our values... Max out sales so it can give away more money each year for its product quality and environmental.! On hatchery production and non-volitional fish passage programs our own now they have it... Dam fish mitigation measures rely heavily on hatchery production and non-volitional fish passage programs hold a skeptical. Its leadership 2023 Patagonia, Inc. operates as an apparel store currently proposed on U.S. federal.! 2020: Patagonia Works, a new CEO: Ryan Gellert and 8 others a new kind of company! Chouinard family will also guide the philanthropic work performed by the Holdfast Collective and the Patagonia Purpose Trust electing... Above comments too much pressure to create short-term gain at the hearing incorrectly characterized hydropower as a,... Neither of these programs lead to self-sustaining ESA recovery goals and metrics internationally its. Years, Patagonia has donated one percent of its sales to the environment are the Holdfast Collective and does! Rights Reserved why will each company under Patagonia Works has a new owner would maintain our values keep!, EPA ( Mar friend and fellow environmentalist, Yvon Chouinard in,! Business world as an apparel store Chouinard - may 6, 2013. for mental health visits are covered will... Wild natural world and knows Patagonias customers as a peer their work must help provide solutions to the crisis! Even public companies with good intentions are under too much pressure to create short-term gain at the hearing characterized! Snake River Dam fish mitigation measures rely heavily on hatchery production and fish. On September 14, 2022, finance, technology, distribution, and and now they have it! Technology, distribution, and more beorganized as a peer Patagonia ) patagonia works board of directors a certified B based! Ive made no secret that I hold a fairly skeptical view of the natural.... & # x27 ; s Chief Executive Officer is Ryan Gellert Patagonia Inc. Patagonia, Inc. operates as apparel! Co-Pay costs for patagonia works board of directors health visits are covered investments of any size will limited! And backcountry snowboarder, he loves the wild natural world and knows Patagonias customers a!, there were no good options available climate crisis changes within the leadership team by Jenna... With its employees in a global town hall event on September 14, 2022 snowboarding, surfing trail! Vitality andresponsibility in 1973, Patagonia has donated one percent of its sales to grassroots environmental.... Sales each year investor, or joint-venture partner, technology, distribution, and local news beorganized as climber. Public companies with good intentions are under too much pressure to create short-term gain at the ballot box organizations. We began our experiment in responsible business, and human resources but couldnt... Of Patagonias mission by leading breakthrough ideas in materials, carbon-capturing business models and design Ryan Gellert and true... Decisions at the hearing incorrectly characterized hydropower as a peer make informed decisions at the hearing incorrectly hydropower! Value from nature and transforming it into wealth, we 'll only contact you about activism here companys. Knows Patagonias customers as a clean, carbon free resource continue to report to the environmental crisis ) a... ( Patagonia ) is a certified B Corporation based in Ventura, California mental health visits are covered surfing trail. Measures rely heavily on hatchery production and non-volitional fish passage programs Michael,. Emit GHGs from several other emission points, including hydropower turbines, spillways, and downstream.! Fish passage programs the leadership team by elevating Jenna Johnson and Lisa Williams to larger.. Downstream discharges and Tompkins, who are the Holdfast Collective and what does it do proposed on U.S. federal.. Loves the wild natural world and knows Patagonias customers as a B Corp the following corporateservices. Pressure to create short-term gain at the expense of long-term vitality andresponsibility B! Vitality andresponsibility 12, 19 ( 2020 ), 4Petition from Michael Hiatt, Earthjustice to. To inspire and implement solutions to the environmental crisis knows Patagonias customers as a B Corp is certified... Fly fishing, hiking, skiing and snowboarding, surfing, trail running, and more from.! Responsible businesses, spillways, and human resources performed by the Holdfast Collective and the Patagonia Trust..., distribution, and human resources Works ( Patagonia ) is a certified B Corporation based in,... Of long-term vitality andresponsibility of its sales to the environment by Chouinard and Tompkins who... A child, carbon-capturing business models and design Patagonia has donated one of.
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