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Patagonia founder gives away company, ensuring profits go to fight climate change

Patagonia founder gives away company, ensuring profits go to fight climate change

Posted on September 24, 2022

The founder of the outdoor brand Patagonia has relinquished his ownership in the business and directed its profits to fight climate change. Yvon Chouinard, who became famous for alpine climbs in Yosemite National Park and then as a manufacturer of outdoor gear, has transferred his family’s ownership of Patagonia to two new entities, one of…

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