Patagonia's $3 billion now belongs to the climate change fight

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Patagonia's $3 billion now belongs to the climate change fight
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'Earth is now our only shareholder.'

and owner of outdoor apparel company Patagonia, as well as his spouse and two adult children have given away their ownership in the company. Chouinard founded the popular company in 1973 and now all profits from the company will go to to projects and organizations that are fighting climate change. According to“It’s been a half-century since we began our experiment in responsible business.

An avid rock climber, Chouinard began his work by making metal climbing spikes for himself and his friends. He eventually pivoted to outdoor and recreational clothing, creating the enormously successful brand. The company is a certified

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