The Latest Breaking News from Patagonia

The outdoor brand’s CEO said at the Fortune Impact Initiative, in Atlanta, that his goal was to create a company that would do good while making money.

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Company famously challenged Obamacare birth control rule

On a Friday afternoon in West Seattle last month, a half-dozen fly fishers sipped beers and reclined on couches as Tacoma angler Giancarlo Lawrence shared his best summer story from a day casting on a Cascades river.

Patagonia’s recent blockbuster announcement that the company was “turning capitalism on its head by making the Earth our only shareholder” is generating a lot of attention. It is the start of another chapter in a long and storied history of a company that, more often than not, has been getting…

Patagonia’s founder Yvon Chouinard made headlines recently with the decision to give his family’s $3 billion company, and its future profits, to the fight against climate change. In his words, “Earth is now the company’s only shareholder.”

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Going forward, all of Patagonia’s profits, some $100 million annually, will fund efforts to address climate change and advance wilderness preservation, the company announced on September 14, 2022.

The news has been pretty bleak lately and it's been hard to keep up with all the sombre events that have been going on, so you may have missed a few stories that could make you a bit more hopeful for the future

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