Patagonia Founder Gives Company Away, Directs Profits To Fight Climate Change



Patagonia founder Yvon Chouinard has relinquished his ownership in the business and directed its profits to fight climate change. In a news release Chouinard said, “We’re making Earth our only shareholder.” NBC News’ Emilie Ikeda shares more details.
» Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC
» Watch more NBC video: http://bit.ly/MoreNBCNews

NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from your favorite NBC News Shows.

Connect with NBC News Online!
NBC News App: https://smart.link/5d0cd9df61b80
Breaking News Alerts: https://link.nbcnews.com/join/5cj/breaking-news-signup?cid=sm_npd_nn_yt_bn-clip_190621
Visit NBCNews.Com: http://nbcnews.to/ReadNBC
Find NBC News on Facebook: http://nbcnews.to/LikeNBC
Follow NBC News on Twitter: http://nbcnews.to/FollowNBC

#patagonia #Climate #YvonChouinard

source

29 comments

  1. I gotta buy some Patagonia now just bc he's awesome!

  2. COMPARE this… to the 90 yr old Conservative & climate change denialist, Barre Seid who also sold his company but donated the entire $1.6 billion to a group that fights those who fight climate change.

  3. Now if bezos, and musk did that, I might have some respect for them again.

  4. The future generations thank you for trying 😊 This is great motivation to not give up fighting. We must protect the earth.

  5. You shouldn't have given your company away. And you should keep some of your profits

  6. well from a marketing point of view is this pure gold BUT maybe instead of giving to a bunch of scam charities how about you give 50% of that back to the ppl who actually did the work and made the clothing, i mean we've all seen it children working in factories in China being paid $2 per week and yet this guy and his family is worth billions and now they want to give the business to a charity that'll go and watch some tree in the jungle grow while that same child in China is struggling in a life of poverty.. yeah i'm going to take a hard pass on this one..

  7. The Bible is the book of sustainability. In 1950, 26% of women were in the labor force. In 2021, 72%. What does that mean??? More cars on the road for commuting, more energy being used, more $ to spend on consumption. Also, kids deal with a working mother, making it harder for wholesome cooked dinners and less family time making Segway for fast and processed foods. Makes a HUGE difference. That’s one layer to the boom of industrialization and the feminist movement. Just one layer of many.

  8. What a fantastic news ! May other companies follow his example 👍

  9. Salute to this man, we need more people just like him

  10. Yes Yes Yes! More of this please!🙌🏻💚🌎

  11. World citizen first, businessman second. Respeckt!

  12. This company got my business. Expect my entire family to be there this weekend!

  13. He's the real deal. THIS is how CEOs lead by example.

  14. My favorite clothes are my Patagonia cargo pants and a flannel shirt. After this, I'm wearing nothing but P
    PATAGONIA the rest of my life.

  15. Pathetic leftist ideologue.

  16. YEAH OK…. MAJOR TAX WRITE OFF…

  17. Considering his company profits off of the oil industry, it's funny to see how #FakeNews praises him as an environmentalist…..lol

  18. A private jet will be flying him to all the posh climate change get togethers. HA. Money cures climate change, ok.

  19. I am now a very big fan of this man and his company

  20. Just funnel all that money for nuclear

  21. This is absolutely the most ridiculous, brain-dead headline I've read in some time. Just when you think it can't get stupider, they go and prove you wrong.

  22. Climate change nuclear lies from the paid or stupid. carbon cycle cures climate change

    https://nuclearfusiononearth.blogspot.com/2022/09/carbon-cycle-cures-climate-change.html

    After the Chernobyl incident in 1986 cause a local nuclear winter, Ukrainian nuclear power hypothesise that burning carbon fuels would warm the weather. Absolutely no theoretical basis.

    In the Jurassic there was 85% more life on earth. That life died at the Jurassic mass extinction, falling most of the fossil fuels.

    Animal respiration against a 99.9996% of the daily carbon dioxide in the air. Local forest fires or eruptions can increase of local carbon dioxide by 0.5%.