CINXE.COM
Patagonia Works
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data-url-id="index" data-content-field="main-image"> <img data-src="https://images.squarespace-cdn.com/content/v1/535ae1f7e4b0d43c82387e3e/1399420899693-7FR4H64ZY28J7MY3E9FX/schaefer_m_0631_cc_WEB_top.jpg" data-image="https://images.squarespace-cdn.com/content/v1/535ae1f7e4b0d43c82387e3e/1399420899693-7FR4H64ZY28J7MY3E9FX/schaefer_m_0631_cc_WEB_top.jpg" data-image-dimensions="1400x917" data-image-focal-point="0.5,0.5" alt="schaefer_m_0631_cc_WEB_top.jpg" class="loading" data-load="false" /> <div class="image-overlay-wrapper"></div> </div> </div> <div class="parallax-item" data-url-id="index"> <div class="title-desc-wrapper over-image has-main-image first" data-color-suggested="#0b1c2e"> <div class="title-desc-image content-fill" data-content-field="main-image"> <img data-src="https://images.squarespace-cdn.com/content/v1/535ae1f7e4b0d43c82387e3e/1399420899693-7FR4H64ZY28J7MY3E9FX/schaefer_m_0631_cc_WEB_top.jpg" 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mso-ascii-theme-font:minor-latin; mso-hansi-font-family:Cambria; mso-hansi-theme-font:minor-latin;} </style> <![endif]--><!--StartFragment--></h3><p><strong><em><span style="font-size:13.5pt">Introducing Patagonia Works, a new kind of holding company</span></em></strong></p><p> <span style="font-size:15px">by Yvon Chouinard - </span><span style="font-size:11.5pt">May 6, 2013</span></p><p><!--EndFragment--></p><p><span style="font-size:11.5pt">I don’t like to think of myself as a businessman. I’ve made no secret that I hold a fairly skeptical view of the business world. That said, Patagonia, the company my wife and I founded four decades ago, has grown up to — by global standards — a medium-size business. And that bestows on our family a serious responsibility. The last line of Patagonia’s mission statement is “…use business to inspire and implement solutions to the environmental crisis.” We’ve always taken that seriously. </span></p><p><span style="font-size:15px">Three examples: Every year for 30 years, Patagonia has donated one percent of its sales to grassroots environmental organizations. 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organization of companies that produces more than a third of the clothing and footwear on the planet. In a very short time, the Coalition has launched an index of social and environmental performance that designers (and eventually consumers) can use to make better decisions when developing products or choosing materials. In 2012 we became one of California’s first B Corps (benefit corporations), which means that the values that helped make our company successful are now etched into our legal charter. </span></p><p><span style="font-size:11.5pt">Now is the time for Patagonia to take the next logical step: to reach out beyond the framework of the apparel and outdoor industries. Today, my family and I are happy to launch $20 Million and Change, an internal fund to help like-minded, responsible start-up companies bring about positive benefit to the environment.</span></p><p><!--EndFragment--></p> </div> </div></div></div></div><div class="row sqs-row"><div class="col sqs-col-12 span-12"><div class="sqs-block horizontalrule-block sqs-block-horizontalrule" data-block-type="47" id="block-yui_3_10_1_1_1399304790706_14148"><div class="sqs-block-content"><hr /></div></div><div class="sqs-block html-block sqs-block-html" data-block-type="2" id="block-yui_3_10_1_1_1399303517379_38060"><div class="sqs-block-content"> <div class="sqs-html-content"> <h3 class="text-align-center"><a href="http://www.patagoniaworks.com/press/2014/5/5/patagonia-launches-20-million-change-and-patagonia-works-a-holding-company-for-the-environment"> READ YVON'S FULL LETTER</a></h3> </div> </div></div></div></div></div> </div> </div> </div> <div class="back-to-top"></div> </section> <!--FOOTER 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