Dont worry, we'll only contact you about activism here. They wanted us to both protect the purpose of the business and immediately and perpetually release more funding to fight the environmental crisis. I look forward to working with you and other partners from the government, NGOs and private sector to support climate action in our communities. Jenna Johnson, who previously led Patagonias technical outdoor business, will serve as head of Patagonia, Inc., where she will oversee Patagonias apparel and equipment division as the company works to align its business more strongly with its mission and sport communities. Minerals - Patagonia Works "The BLM's illegal plan to open up one million acres of our public lands . Patagonia Works could be an investor, or joint-venture partner. Patagonia Works is the holding company for Patagonia, Inc. (apparel and equipment), Patagonia Provisions (food), Patagonia Media (books, films and multimedia projects), Lost Arrow Solutions (government), Fletcher Chouinard Designs, Inc. (surfboards), Tin Shed Ventures, LLC (investments), and Worn Wear, Inc. (used and upcycled apparel). Prior to his time at Patagonia, Gellert was president of Black Diamond, where he worked for nearly nine years. But our mission prepares us to help lead citizen activists and business people of conscious to urgently work to create a healthier planet for all life. Since 2014, Gellert has overseen Patagonia's business in Europe, the Middle East and Africa. Prior to his appointment to this global role, Ryan spent six years as Patagonias general manager of Europe, the Middle East and Africa. 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. H\n0~ Employees are at the core of Patagonias success and this new ownership structure is an irrevocable commitment to protect the purpose and values that attracted all of us to the company in the first place. As the business leader I never wanted to be, I am doing my part. I am honored and humbled by the opportunity andkeenly aware of the responsibility to lead this company in this critical time, stated Gellert. We believe this new structure delivers on both and we hope it will inspire a new way of doing business that puts people and planet first.. We are committed to the lifelong work of being more inclusive, being anti-racists is essential to our mission to save life on our home planet, said Kris Tompkins, who was Patagonias first CEO and currently serves on the companys board of directors. hb```b`` a`e````@ G d`5,,;V1cec`gc)4Ei[awY*YzX21Uu5?V=lO2f(cC"[@s*ECB-l[@NO.*`2U84fv&Gv:m3cSK[Tb.P8"")Qr)\vYsrGPbGMx ? These were adopted by our board of directors and shareholders for each of our US-based primary companies (Patagonia, In naming Gellert as CEO, Patagonias board of directors determined that his deep commitment to the companys mission and long-held values, as well as his international experience, best positioned Patagonia for success in these uncertain times. What is a B Corp (benefit corporation)? Alongside this announcement, Jenna Johnson has been promoted from leader of Patagonias technical outdoor biz to Head of Patagonia Inc. Press Release: Ambitions dont get much bigger than that. Each year, profits that are not reinvested back into the business will be distributed by Patagonia as a dividend to the Holdfast Collective to help fight the climate crisis. Buy used, trade in and fix your gear through Worn Wear. I am honored and humbled by the opportunity and keenly aware of the responsibility to lead this company in this critical time, stated Gellert. Text HELP for help. PATAGONIA WORKS FISCAL YEAR 2013 7 In 2011, in preparation for our conversion to a benefit corporation, Patagonia developed specific public benefit purposes to reflect our values and mission. This is not an excuse to ignore the real tension well continue to face between growth and the environmental impact of our operations. Will Patagonia Works wholly own any of the companies it invests in?Not necessarily. And while there will be more tough days ahead as we challenge norms, I am excited to do the work alongside Patagonias talented and passionate professionals. Sept. 25, 2020: Patagonia Works has a new CEO: Ryan Gellert. In naming Gellert as CEO, Patagonias board of directors determined that his deep commitment to the companys mission and long-held values, as well as his international experience, best positioned Patagonia for success in these uncertain times. But the new ownership structure provides a way to put the value that comes with responsible growth to work fighting the climate crisis. What is $20 Million & Change?$20 Million & Change is the internal fund set up by Patagonia Works to help like-minded start-up companies. I dont like to think of myself as a businessman. 0000003088 00000 n by Patagonia. We became a certified B Corp and a California benefit corporation, writing our values into our corporate charter so they would be preserved. Because we know prioritizing durability results in consuming less energy, wasting less water and creating less trash. 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. Notably, a 2020 scientific study co-authored by a U.S. Environmental Protection Agency (EPA) researcher estimated that reservoirs in Ohio are the states fourth largest anthropogenic source of methane emissions.3. At a minimum, Patagonia urges Congress to include the following priorities in the updated budget reconciliation package: Ensure federal investments to accelerate the transition to affordable, secure, domestic clean energy. 0000049731 00000 n The leadership of the company does not change. This is what we can do. Flexible shipping options are available. A major milestone to protect the Everglades: Utah Stream Access Coalition CALL TO ACTION: Oppose H.B. Patagonia covers the cost of medical insurance for all part-time and full-time employees; we offer the same high-quality health plans to all employees: U.S. employees on our health plans are covered for abortion care. Neither of these programs lead to self-sustaining ESA recovery goals and metrics. Text STOP to cancel. Rush and Upton, Jake Beaulieu et al., Methane and Carbon Dioxide Emissions from Reservoirs: Controls and Upscaling, 125 J. Geophysical Rsch. Ambitions dont get much bigger than that. In this role, she will accelerate Patagonias mission by leading breakthrough ideas in materials, carbon-capturing business models and design. Ayana Elizabeth Johnson, The current system of capitalism has made its gains at an enormous cost, including increasing inequality and widescale uncompensated environmental damage. Sincerely, Michael HiattSenior Attorney Earthjustice, 1 See, e.g., Bridget Deemer et al., Greenhouse Gas Emissions from Reservoir Water Surfaces: A New Global Synthesis, 66 BioSci. But we couldnt be sure a new owner would maintain our values or keep our team of people around the world employed. an organization of companies that produces more than a third of the clothing and footwear on the planet. Find contact's direct phone number, email address, work history, and more. 2430 0 obj <> endobj xref 2430 22 0000000016 00000 n Each company may leverage the following shared corporateservices: environmental, legal, finance, technology, distribution, and human resources. 0000003522 00000 n h1 01K\Ax'MF[!!' (| endstream endobj 2431 0 obj <>/Metadata 172 0 R/Pages 163 0 R/StructTreeRoot 174 0 R/Type/Catalog/ViewerPreferences<>>> endobj 2432 0 obj <>/Font<>/ProcSet[/PDF/Text]/Properties<>/XObject<>>>/Rotate 0/StructParents 8/TrimBox[0.0 0.0 612.0 792.0]/Type/Page>> endobj 2433 0 obj <> endobj 2434 0 obj <> endobj 2435 0 obj <> endobj 2436 0 obj <> endobj 2437 0 obj <>stream On March 21, 2022, Earthjustice submitted a rulemaking petition to the EPA requesting that the agency add dams and reservoirs to its Greenhouse Gas Reporting Program.4 Earthjustice submitted the petition on behalf of Patagonia and Save the Colorado, and over 130 other organizations joined the petition. Soon after, the website Patagonia.com was updated to state that Earth is now our only shareholder and to include a letter from founder Yvon Chouinard. 0000001931 00000 n The Holdfast Collective owns all the nonvoting stock (98 percent of the total stock), and it will use every dollar received from Patagonia to protect nature and biodiversity, support thriving communities and fight the environmental crisis. But its also resilient. View Ironclad Guarantee Know how your clothes are made. No. 21, 2022), Twitter Instagram Facebook Google+ | Patagonia.com, Environmental justice, conservation and business groups, Letter to President Biden Regarding Willow Project, NEXT Energy Technologies Installs Energy-Generating Windows on Outdoor Retailer Patagonias Headquarters, Patagonia North America to close for last week of year, After 33 Years, Argentina Declares Historic Win for People and Planet, Funding Will Help Indigenous Communities Relocate to More Climate-Resilient Locations, Patagonia Opposes Pit Gravel Mine and Asphalt Plant Near the Madison River, Patagonia to young voters: you scare them, PATAGONIAS NEXT CHAPTER: EARTH IS NOW OUR ONLY SHAREHOLDER, Patagonia's Official Comment on Willow Project, Statement from Patagonia CEO Ryan Gellert on Utah Officials' Bears Ears, Grand Staircase-Escalante Lawsuit, Legal Agreements Block Drilling, Fracking Across 1 Million Acres in Central California, Letter in Support of Breaching Lower Snake River Dams, Petition-for-rulemaking-to-add-dams-and-reservoirs-as-a-source-category-under-the-Greenhouse-Gas-Reporting-Program.pdf (tellthedamtruth.com), Letter to Sen. Schumer Regarding Budget Reconciliation, Statement from Patagonia CEO Ryan Gellert on U.S. Supreme Court Decision West Virginia v. EPA, Letter to Sec. Note: This statement was originally posted on LinkedIn. by Patagonia, Kicking off its next 50 years, the company is going purpose instead of going public. Since 2014, he has elevated Patagonia to a position ofleadership in Europes outdoor industry and environmental communities. And its true to form for my life-long friend and fellow environmentalist, Yvon Chouinard. Dan Emmett, Press images and illustration of Patagonias new structure: HERELetter to Our Community: You can find a PDF version HEREContact: For further information and interview requests: PatagoniaPress@patagonia.com. Concerned about the environmental impact? Ryan holds a JD from the S.J. Williams will continue to report to the CEO in this critical new role. Patagonias board of directors also made two big changes within the leadership team by elevating Jenna Johnson and Lisa Williams to larger roles. 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. Its clear from our early reading of todays opinion that the Court has restricted the executive branchs ability to protect those who are most affected by climate change and to support communities on the front lines of climate activism. Patagonia Works ("Patagonia") is a certified B Corporation based in Ventura, California. VENTURA, Calif. (September 24, 2020)Patagonia has selected a new chief executive officer of Patagonia Works: Ryan Gellert. VENTURA, Calif. (September 14, 2022) Patagonia announced new ownership today, nearly 50 years since founder Yvon Chouinard began his experiment in responsible business. 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. A founding member of 1% for the Planet, the company is recognized internationally for its product quality and environmental activism. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Whats the ideal age to start teaching a kid fly fishing? 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. All part-time and full-time employees also receive: Training and bail for those who peacefully protest for reproductive justice. 0000005669 00000 n It means supporting employees choices around if or when they have a child. As a climber and backcountry snowboarder, he loves the wild natural world and knows Patagonias customers as a peer. Yvon Chouinard poses in front of a Patagonia store in 1993, two decades before transferring the entire ownership of the company to a nonprofit . 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. The Holdfast Collective owns 98% of the company and all of the nonvoting stock. Gellert has overseen . Web SpecialsSave on Gear for Your Next Trip. 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. Prior to his time at Patagonia, Gellert was president of Black Diamond, where he worked for nearly nine years and prior was a volunteer legal intern with the ACLU of Utah. Three examples: Every year for 30 years, Patagonia has donated one percent of its sales to grassroots environmental organizations. 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. Quinney College of Law at the University of Utah; an MBA from the Florida Institute of Technology; and a BSBA in finance from the University of North Carolina at Charlotte. The executive who had overseen the organization's business in Europe, the Middle East and Africa since 2014 now heads the. So, we created ourown. Ryan is the right person with the best experience and leadership approach to guide our company. That said, Patagonia, the company my wife and I founded four decades ago, has grown up to by global standards a medium-size business. Track orders, save products, easy hassle-free returns & exchanges. 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. Our Company History - Patagonia Shop Activism Sports Stories Company History We guarantee everything we make. Patagonia's key executives include Ryan Gellert and 8 others. Everything we do needs to ladder back to our mission of being in business to save our home planet, and we need to do that in a way that is just, equitable and inclusive of all people. Everything we make has an impact on people and the planet. Weve pledged 1% of sales to the preservation and restoration of the natural environment. 0000006513 00000 n In addition, the current Lower Snake River dam reservoirs increasingly exhibit inadequate water quality (for example, increased water temperatures) to support listed salmon and steelhead life histories and migration along the river. 208 Criminal Trespass Amendments. 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). If we have any hope of a thriving planet 50 years from now, it demands all of us doing all we can with the resources we have. 0000049772 00000 n Reduce inequity by targeting climate and clean energy investments in disadvantaged and frontline communities. 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. Lisa Williams, who joined Patagonias product team in 2001, will assume a new executive role as head of innovation, design and merchandising. Biogeosciences 12, 19 (2020), 4Petition from Michael Hiatt, Earthjustice, to Michael Regan, Admr, EPA (Mar. And while he is in good health now, he wanted to have a plan in place for the future of the company and the future of the planet. 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. Most significantly, every dollar that is not reinvested back into Patagonia will be distributed as dividends to protect the planet. Each will be organized as a B Corp (benefit corporation), be amember of 1% for the Planet and utilize the Higg Index or other appropriate footprint-based measurementof social and environmental performance. It owns all of the voting stock of the company, which gives it the right to approve key company decisions, like who sits on the board of directors and what changes can be made to the companys legal charter, including its reason for being and B Corp commitments. , wasting less water and creating less trash California benefit corporation, writing our values or our. By leading breakthrough ideas in materials, carbon-capturing business models and design to fight the environmental crisis natural world knows! Ceo: Ryan Gellert and 8 others a climber and backcountry snowboarder he! Became a certified B Corp ( benefit corporation, writing our values into our corporate charter they. 8 others clothes are made since 2014, he loves the wild natural and! * ` 2U84fv & Gv: m3cSK [ Tb.P8 '' '' ) Qr ) \vYsrGPbGMx Gellert and others. Also receive: Training and bail for those who peacefully protest for reproductive justice with responsible growth work! 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