Patagonia operates its apparel and equipment, food, and related businesses through the following subsidiaries: Patagonia, Inc. (apparel and equipment), Patagonia Provisions (food), Patagonia Media (books, films and multimedia projects), Fletcher Chouinard Designs, Inc. (surfboards), Tin Shed Ventures, LLC (investments), and Worn Wear, Inc. (used and upcycled apparel), and Great Pacific Child Development Center (onsite childcare and development). Start-up or angel investments may be made in companies outside Patagonia Works that are not B Corps,members of 1% for the Planet or subscribers to a social and environmental performance index. During his 25 years' experience in the mining industry, Mr. van Tienhoven worked for the majority of his career with the Anglo American group in various countries, culminating as Country Manager and President of Anglo Gold Ashanti's Cerro Vanguardia mine. Dont worry, we'll only contact you about activism here. There will be no changes to the Environmental Grants Program or the company's 1% for the Planet earth-tax. Caring for employees extends beyond basic health insurance, so we take a more holistic approach to coverage and support overall wellness to which every human has a right. 0000007791 00000 n Caring for employees is the responsibility of business. Prior to his appointment to this global role, Ryan spent six years as Patagonias general manager of Europe, the Middle East and Africa. }gt%vP5pO*,K. One Patagonia employee serves on its board of directors and another as an advisor. The Company offers clothing suitable for alpine climbing, fly fishing, hiking, skiing and snowboarding, surfing, trail running, and yoga, as well as other outdoor activities. (Podcast). Some Patagonia Works investments could be smaller seed investments to fledgling, responsiblecompanies in need of capital. Yvon Chouinard poses in front of a Patagonia store in 1993, two decades before transferring the entire ownership of the company to a nonprofit . What is Patagonia Works?Patagonia Works succeeds Lost Arrow Corporation as the holding company for Patagonia, Inc. (apparel), Patagonia Provisions (food), Patagonia Media (books, films and multimedia projects), and future investments and joint ventures. Will Patagonia Works continue to donate one percent of sales to grassroots environmental groups?Absolutely. With 20 years as an outdoor industry professional, and as a lifelong climber and someone who enjoys biking, running and skiing, she has deep roots in Patagonias sport communities. This is our purpose. Need it sooner? Founded by Yvon Chouinard in 1973, Patagonia is an outdoor apparel company based in Ventura, California. The approach included connecting individually with each core team member, business unit director and channel VPs as part of the pre-planning process. Across America, smaller cities and less-populated states are offering cash and perks to lure remote workers away from big metropolitan areas. Todays decision by the Supreme Court has made it harder to address the existential threat posed by the climate crisis, which affects all Americans, but disproportionately impacts low-income and historically marginalized communities. The company operates under a unique business model called the "Patagonia Provision Company." This business model allows the company to operate without a board of directors. HmO0SDZ]-!$t4$6"M[I&6m UO6|}& WFs 'GoF `ptbzV_ Tl PM 4 No ones expectations of Patagonia are higher than our own. The petition requests that EPA require dam and reservoir facilitiesincluding hydropower facilitiesto report their annual GHG emissions to EPA and the public. Our participation helps us to stay at the forefront in developing environmentally conscious textiles, and enables us to share our experience with others from our many years using organic cotton and recycled fabrics. X/brDzV(Re;>}*R~:-}/'~[>;G"M6ms.+f79\HHQ/UQ(AdH-~]DEDHDv-vQrq\/zEr u!-K(fJEp}U1:t'+:s)DtJmf}WtVOo1' .5`0JQ|iTfLpDBRZEEvS Find contact's direct phone number, email address, work history, and more. What is Patagonia Works? Everything we make has an impact on people and the planet. Additionally, all companieswill have direct sales as a component. Patagonia Board of Directors Names Ryan Gellert Chief Executive Officer of Patagonia Works and Promotes Jenna Johnson to Lead Patagonia Inc. Patagonia has selected a new chief executive officer of Patagonia Works: Ryan Gellert. He has extensive experience working with direct action environmental groups, having served on the boards of Access Fund, Protect Our Winters, the European Outdoor Group and the Soil Heroes Foundation. Hear the latest economic, business and market news, as well as global, national, and local news. Hans is the Environmental Campaigns and Advocacy Director at Patagonia . 0000001780 00000 n No. Repeal the establishment of the Arctic National Wildlife Refuge oil and gas leasing program. If we have any hope of a thriving planetmuch less a businessit is going to take all of us doing what we can with the resources we have.This is what we can do. As noted in a recent petition to the EPA signed by more than 140 organizations, Petition-for-rulemaking-to-add-dams-and-reservoirs-as-a-source-category-under-the-Greenhouse-Gas-Reporting-Program.pdf (tellthedamtruth.com), a growing body of research shows significant greenhouse gas emissions (including CO2 and CH4) from reservoirs and other dam and reservoir operations. Will Patagonia Works wholly own any of the companies it invests in?Not necessarily. The Willow Project is the largest oil extraction project currently proposed on U.S. federal lands. If we have any hope of a thriving planetmuch less a thriving business50 years from now, it is going to take all of us doing what we can with the resources we have. Requiring dams and reservoirs to report their GHG emissions will also ensure that federal and state agencies and utilities make decisions on the future of the electric sector based on the best available information regarding hydropowers GHG emissions, and not risk inadvertently pursuing a clean energy future that is not actually clean. Orders are shipped within 1-2 business days and arrive within 3-10 business days. It will help ensure that there is never deviation from the intent of the founder and to facilitate what the company continues to do best: demonstrate as a for-profit business that capitalism can work for the planet. 0000008640 00000 n Buy used, trade in and fix your gear through Worn Wear. Save my name, email, and website in this browser for the next time I comment. Continuing to disregard this issue would ignore an important factor regarding future hydropower decisions and further exacerbate the climate crisis. Orders are shipped within 1-2 business days and arrive within 3-10 business days. This is another way weve found to do our part. Ryan has lived and worked in the United States, Asia and Europe. But this is our time, and as a company we are prepared to lead and to help citizen activists and businesspeople of conscience create a healthier planet for all life. Family members will continue to sit on Patagonias board, along with Kris Tompkins, Dan Emmett, Dr. Ayana Elizabeth Johnson, Charles Conn (chair of the board), and Ryan Gellert, our CEO. Flexible shipping options are available. Biogeosciences 12, 19 (2020), Petition from Michael Hiatt, Earthjustice, to Michael Regan, Admr, EPA (Mar. They are the future of business if we want to build a better world, and that future starts with what Yvon is doing now. Charles Conn, chair of the board, As founder of a company that has been in business for nearly 50 years, Ive seen the positive and negative impact a business can have on its communities and employees. The Willow Project calls for construction of up to five drill pads with up to 50 wells on each pad, a road system, an airstrip, pipelines, a gravel mine and more. Flexible shipping options are available. Under Ryans stewardship, Patagonia launched its first global environmental campaign around a European initiative: Save the Blue Heart of Europe, an international crusade toprotect the last wild rivers of Europe from over 3,000 planned hydropower projects. Our team would welcome the opportunity for more dialogue. Since 2014, Gellert has overseen Patagonia's business in Europe, the Middle East and Africa. Failure to recover endangered salmonids would be a failure to honor treaties between the U.S. government and tribes. The Company offers clothing suitable for alpine climbing, fly fishing, hiking, skiing and snowboarding, surfing, trail running, and . Ryan Gellert as CEO and the leadership team, together with all of Patagonias employees, will continue to run the business under the direction of the board of directors. See the original here. As a climber and backcountry snowboarder, Ryan loves the wild natural world and knows Patagonias customers as a peer. Text HELP for help. That said, Patagonia, the company my wife and I founded four decades ago, has grown up to by global standards a medium-size business. Neither of these programs lead to self-sustaining ESA recovery goals and metrics. Rick Ridgeway VP Environmental Initiatives and Special Media Projects Ed Auman Business Unit Director- Fieldwear Ryan Gellert Chief Executive Officer Cory Bayers Vice President Global Marketing Yvon Chouinard Founder Founded by Yvon Chouinard in 1973, Patagonia is an outdoor apparel company based in Ventura, California. Weve pledged 1% of sales to the preservation and restoration of the natural environment. Nonvoting stock carries economic value but not decision-making authority. These were adopted by our board of directors and shareholders for each of our US-based primary companies (Patagonia, Deb Haaland Regarding Willow Project, Earthjustice Letter to Reps. ;"6r57dtf-Xa.9ZXyWQ%s;3eZ:u5>YLV >zO=5Qmv+d Nzym0KTCGWp:05@@6LhhdYTfNO]vGc1Y/XWqWU3Aa+::@4(M X &700 Because we know prioritizing durability results in consuming less energy, wasting less water and creating less trash. Lisa Williams, who joined Patagonias product team in 2001, will assume a new executive role as head of innovation, design and merchandising. A founding member of 1% for the Planet, the company is recognized internationally for its product quality and environmental activism. Please reach out if you have questions about any of the above comments. The company has pulled its vests and jackets after a co-owner of the resort hosted a right-wing fundraiser with, among others in attendance, Rep. Marjorie Taylor Greene. A Certified B Corporation, the company is recognized internationally for its commitment to product quality and environmental activismand its contributions of more than $110 million in grants and in-kind donations to date. This is what we can do. Truth be told, there were no good options available. A growing body of scientific studies over the past two decades have established that dams and reservoirs produce and emit substantial amounts of carbon dioxide, methane, and nitrous oxide.1 These greenhouse gas (GHG) emissions include reservoir surface emissions, which occur when dams trap organic material and leached synthetic fertilizers that decompose beneath a reservoirs water. The Chouinard family will guide the Patagonia Purpose Trust, electing and overseeing its leadership. Explore our guide to Patagonia. B Corps (benefit corporations) are a new kind of corporation legally required to: 1) have a corporate purposeto create a material positive impact on society and the environment; 2) redefine fiduciary duty to requireconsideration of the interests of workers, community and the environment; and 3) publicly report annuallyon overall social and environmental performance using a comprehensive, credible, independent, andtransparent third party standard. I look forward to working with you and other partners from the government, NGOs and private sector to support climate action in our communities. The company is owned by Chouinard and Tompkins, who are the co-founders. Ryan Gellert, CEO of Patagonia and Patagonia board member said: Two years ago, the Chouinard family challenged a few of us to develop a new structure with two central goals. View Ironclad Guarantee Know how your clothes are made. A founding member of 1% for the Planet, the company is recognized internationally for its product quality and environmental activism. Child-care support for parents on work trips. But the new ownership structure provides a way to put the value that comes with responsible growth to work fighting the climate crisis. 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In this role, she will accelerate Patagonias mission by leading breakthrough ideas in materials, carbon-capturing business models and design. He will be supported by our incredible leadership team, both new and ongoing, and staff of all levels, who have helped make our company what it is today. URGENT ACTION ALERT: Montana Stream Access Under Threat, U.S. Supreme Court Decision Upholds New Mexico Public Access Law, Breaking the Mold Bold Move by Leading Fly Fishing Media Creator, Five reasons why fly fishing will boom again in 2023. Re: Patagonias support for climate investments. Patagonia has been breaking the mold for decades, and now they have shattered it. A copy of the rulemaking petition to EPA is attached, and we are happy to provide additional information on this issue. Founded by Yvon Chouinard in 1973, Patagonia Works ("Patagonia") is a certified B Corporation based in Ventura, California. Ayana Elizabeth Johnson, The current system of capitalism has made its gains at an enormous cost, including increasing inequality and widescale uncompensated environmental damage. No ones expectations of Patagonia are higher than our own. Weve pledged 1% of sales to the preservation and restoration of the natural environment. Additional Quotes from Patagonia Board of Directors, I first met Yvon when he was around 24 and today, he is almost 84. Text STOP to cancel. As the Subcommittee considers future oversight and/or legislation regarding hydropower, we request that it recognize and evaluate hydropower facilities GHG emissions prior to taking any action. Patagonia respectfully asks the Bureau of Land Management and Biden Administration to require a comprehensive review of the climate and conservation consequences of the Willow Project. Each company may leverage the following shared corporateservices: environmental, legal, finance, technology, distribution, and human resources. VENTURA, Calif. (September 14, 2022) Patagonia announced new ownership today, nearly 50 years since founder Yvon Chouinard began his experiment in responsible business. The Patagonia Purpose Trust now owns all the voting stock of the company (two percent of the total stock) and exists to create a more permanent legal structure to enshrine Patagonias purpose and values. Were in business to save our home planet. With 20 years as an outdoor industry professional, and as a lifelong climber and someone who enjoys biking, running and skiing, she has deep roots in Patagonias sport communities. Mold for decades, and website in this browser for the Planet, the company 1. And gas leasing Program the approach included connecting individually with each core team member business. To donate One percent of sales to the environmental Campaigns and Advocacy director Patagonia... Need of capital has lived and worked in the United states, Asia and Europe directors, I first Yvon! 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