# Patagonia gives away the company

**URL:** <https://boards.straightdope.com/t/patagonia-gives-away-the-company/971594>\
**Category:** Miscellaneous and Personal Stuff I Must Share\
**Created:** [September 15, 2022, 1:54am UTC](https://boards.straightdope.com/t/patagonia-gives-away-the-company/971594 "2022-09-15T01:54:46Z")\
**Posts on this page:** 8\
**Page:** 1

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**Author:** ![Rick\_Kitchen](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/rick_kitchen/32/522_2.png) [@Rick\_Kitchen](https://boards.straightdope.com/u/Rick_Kitchen)\
**Post date:** [September 15, 2022, 1:54am UTC](https://boards.straightdope.com/t/patagonia-gives-away-the-company/971594/1 "2022-09-15T01:54:46Z")

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This isn’t really mundane, nor pointless, but it’s more like a Good Guy story. The family that owns the Patagonia outdoors clothing company has restructured the company so that any profits will go towards fighting climate change.

> **[“We’re Making Earth Our Only Shareholder:” Inside Patagonia's Shocking...](https://www.backpacker.com/news-and-events/news/yvon-chouinard-no-longer-owns-patagonia/)**
>
> Yvon Chouinard, who founded the popular outdoor brand in 1973, announced the company has undergone a significant overhaul aimed at achieving tangible environmental reform

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**Author:** ![dolphinboy](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/dolphinboy/32/330_2.png) [@dolphinboy](https://boards.straightdope.com/u/dolphinboy)\
**Post date:** [September 15, 2022, 2:17am UTC](https://boards.straightdope.com/t/patagonia-gives-away-the-company/971594/2 "2022-09-15T02:17:19Z")

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It’s a small drop in a big bucket, but the earth needs all the help it can get. Kudos Patagonia.

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**Author:** ![Bullitt](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/bullitt/32/5725_2.png) [@Bullitt](https://boards.straightdope.com/u/Bullitt)\
**Post date:** [September 15, 2022, 3:25am UTC](https://boards.straightdope.com/t/patagonia-gives-away-the-company/971594/3 "2022-09-15T03:25:03Z")

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Kudos indeed!

Chouinard has been making good gear for a long time. I still have some old oval carabiners with his name on it, from the early 1980s. They are (were) Marine Corps issue carabiners.

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**Author:** ![chela](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/chela/32/21582_2.png) [@chela](https://boards.straightdope.com/u/chela)\
**Post date:** [September 15, 2022, 6:06pm UTC](https://boards.straightdope.com/t/patagonia-gives-away-the-company/971594/4 "2022-09-15T18:06:52Z")

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I’ve always admired Patagonia. They keep to the triple bottom line, people, our planet and profit at the core of what they do.

Not a fan so much of North Face, puffy skirts with Gucci logos? Gimme a break.

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**Author:** ![Kropotkin](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/kropotkin/32/18045_2.png) [@Kropotkin](https://boards.straightdope.com/u/Kropotkin)\
**Post date:** [September 17, 2022, 12:23am UTC](https://boards.straightdope.com/t/patagonia-gives-away-the-company/971594/5 "2022-09-17T00:23:14Z")

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Ahem. I believe the quartermaster would like a chat with you.

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**Author:** ![Beckdawrek](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/beckdawrek/32/3647_2.png) [@Beckdawrek](https://boards.straightdope.com/u/Beckdawrek)\
**Post date:** [September 18, 2022, 7:51am UTC](https://boards.straightdope.com/t/patagonia-gives-away-the-company/971594/6 "2022-09-18T07:51:59Z")

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Is Cecil there? I must know.

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**Author:** ![Dr\_Paprika](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/dr_paprika/32/3042_2.png) [@Dr\_Paprika](https://boards.straightdope.com/u/Dr_Paprika)\
**Post date:** [September 18, 2022, 2:34pm UTC](https://boards.straightdope.com/t/patagonia-gives-away-the-company/971594/7 "2022-09-18T14:34:18Z")

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An admirable gesture.

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**Author:** ![Maserschmidt](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/maserschmidt/32/18829_2.png) [@Maserschmidt](https://boards.straightdope.com/u/Maserschmidt)\
**Post date:** [October 17, 2022, 8:58pm UTC](https://boards.straightdope.com/t/patagonia-gives-away-the-company/971594/8 "2022-10-17T20:58:44Z")

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Here’s an interesting take on the whole transaction, specifically 5he tax benefit and the opacity of how a bunch of the money will actually be used.

[![](https://img.youtube.com/vi/0Cu6EbELZ6I/maxresdefault.jpg "Why There's No Such Thing as a Good Billionaire") ](https://www.youtube.com/watch?v=0Cu6EbELZ6I)