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Patagonia founder sold company to help climate crisis

drmazlish

As many of you know, recently the founder of Patagonia, the multi-million dollar company, sold the entire company to help the climate crisis. Yvon Chouinard, the founder, said this in a statement: "“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. Instead of extracting value from nature and transforming it into wealth, we are using the wealth Patagonia creates to protect the source.” In other words, he is explaining that we need to put more work into this cause. From now on, the biggest share of the Patagonia stock will now go to the Holdfast collective. The Holdfast Collective is a 501(c)(4) nonprofit organization that will advocate for causes and make grants and investments that fight environmental crises. “As the business leader I never wanted to be, I am doing my part,” Chouinard said in the statement. This is just one of the many efforts being made recently to save our planet.




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