This is not the case. Thank you for your efforts to deliver a holistic solution to this problem. But its also resilient. Since 2014, he has elevated Patagonia to a position of leadership in Europes outdoor industry and environmental communities. Our Company History - Patagonia Shop Activism Sports Stories Company History We guarantee everything we make. Founded by Yvon Chouinard in 1973, Patagonia is an outdoor apparel company based in Ventura, California. A founding member of 1% for the Planet, the company is recognized internationally for its product quality and environmental activism. 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. Will Patagonia Works continue to donate one percent of sales to grassroots environmental groups?Absolutely. Ambitions dont get much bigger than that. Failure to recover endangered salmonids would be a failure to honor treaties between the U.S. government and tribes. Flexible shipping options are available. Team Advisors: Dr. Richard Mark Soley Dr. Richard Mark Soley is Executive Director of the Digital Twin Consortium and also Executive Director of the Industrial Internet Consortium and is responsible for the vision and direction of these two organizations. 2023 Patagonia, Inc. All Rights Reserved. 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. How does Patagonia, the clothing brand, fit into Patagonia Works?Patagonia will live under the Patagonia Works umbrella. 0000007791 00000 n Will Patagonia just max out sales so it can give away more money each year. Ryan holds a JD from the S.J. No ones expectations of Patagonia are higher than our own. Find contact's direct phone number, email address, work history, and more. 0000009506 00000 n Patagonia Works ("Patagonia") is an outdoor apparel company with an almost 50-year history of environmental conservation and activism. 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. Bobby L. Rush, ChairmanHouse Subcommittee on EnergyHouse Committee on Energy & Commerce 2125 Rayburn House Office Building Washington, DC 20515, Fred Upton, Ranking MemberHouse Subcommittee on EnergyHouse Committee on Energy & Commerce 2322 Rayburn House Office Building Washington, DC 20515, Re: Hydropower Licensing Reform and Greenhouse Gas Emissions from Hydropower Facilities. 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. We ask that you hold a comment period of 120 days to allow for that input and to ensure permitting decisions are made in accordance with the Administrations climate and conservation goals. Instead of extracting value from nature and transforming it into wealth, we are using the wealth Patagonia creates to protect the source. Buy used, trade in and fix your gear through Worn Wear. In this role, she will accelerate Patagonias mission by leading breakthrough ideas in materials, carbon-capturing business models and design. Subsidized, on-site high-quality child care. 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. Concerned about the environmental impact? They will also guide the philanthropic work performed by the Holdfast Collective. 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. What is a B Corp (benefit corporation)? Patagonia continues to be a for-profit business, a certified B Corp and a California benefit corporation, making the best-quality products and honoring its obligation to preserve the financial health of the company while always considering the impact our business has on employees, customers and communitiesand on the health and vitality of the natural world. The approach included connecting individually with each core team member, business unit director and channel VPs as part of the pre-planning process. 0000005669 00000 n 0000004835 00000 n Ambitions dont get much bigger than that. 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. 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. 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. Text STOP to cancel. View Ironclad Guarantee Know how your clothes are made. Current Lower Snake River Dam fish mitigation measures rely heavily on hatchery production and non-volitional fish passage programs. Child-care stipends for parents who do not live near one of our child-care centers. You have exceeded the maximum number of line items for your cart (50). Our team would welcome the opportunity for more dialogue. 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. Note: This statement was originally posted on LinkedIn. No ones expectations of Patagonia are higher than our own. Since 2014, he has elevated Patagonia to a position ofleadership in Europes outdoor industry and environmental communities. 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. 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 stronglywith its mission and sport communities. Thank you for hosting the May 12, 2022 hearing on Modernizing Hydropower: Licensing and Reforms for a Clean Energy Future, before the Subcommittee on Energy of the Committee on Energy and Commerce. The executive who had overseen the organization's business in Europe, the Middle East and Africa since 2014 now heads the. 0000003522 00000 n H\I0:.BD U@nh^ZzA"/U[ .5$`UG*G7-U\=,q#h9pw> /:$ 6`o*F*P` xXioo_B48 =7PnkxMAech9s"0`Ml~j.ji;y\F/\eZ{PpWa0~Y:jlO-w'!xYh=8~^US8J+wD. See the original here. Truth be told, there were no good options available. 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. Since 2014, Gellert has overseen Patagonia's business in Europe, the Middle East and Africa. Dont worry, we'll only contact you about activism here. 100% of co-pay costs for mental health visits are covered. One option was to sell Patagonia and donate all the money. An avid climber and backcountry snowboarder, Ryan has climbed and ridden all over the world. Patagonias board of directors also made two big changes within the leadership team by elevating Jenna Johnson and Lisa Williams to larger roles. Introducing Patagonia Works, a new kind of holding company. The funds name is a nod to the fact that $20 million is the starting amount with the ability to grow and, moreimportantly, with the ability to "change" the way business is done. Three months after the somewhat sudden resignation of Rose Marcario, who led the company for 12 years, Patagonia has named Ryan Gellert as its new CEO of Patagonia Works, the umbrella company for all its ventures, from clothing to smoked salmon to documentaries. 0000000736 00000 n 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. 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. 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. We must aim for this ultimate goal: bringing wild species back to natural, self-sustaining abundance. Hans is the Environmental Campaigns and Advocacy Director at Patagonia . Most significantly, every dollar that is not reinvested back into Patagonia will be distributed as dividends to protect the planet. The estimated total pay for a Director at Patagonia is $260,402 per year. If you are using a screen reader and having difficulty please call us at 1-800-638-6464. The work ahead promises to be more important and satisfying than anything we have done so far, and we are beyond excited for what the future holds.. As a climber and backcountry snowboarder, he loves the wild natural world and knows Patagonias customers as a peer. Whats changed now is that the company has additional stewardship from the Patagonia Purpose Trust. 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). 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. CC: Brenda Mallory, Council on Environmental Quality Chair; Adrian Saenz, White House Office of Public Engagement; Gina McCarthy, White House National Climate Advisor; Ali Zaidi, Deputy White House National Climate Advisor. The leadership of the company does not change. Before joining Patagonia, he spent 15 years at Black Diamond Equipment, where he held a number of roles, including brand president, vice president of supply chain management and managing director of Black Diamond Asia. Angling Trade, LLC. Biogeosciences 12, 19 (2020), 4Petition from Michael Hiatt, Earthjustice, to Michael Regan, Admr, EPA (Mar. Patagonia has long taken. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. ` endstream endobj 2438 0 obj <>stream In 2012 we became one of Californias first B Corps (benefit corporations), which means that the values that helped make our company successful are now etched into our legal charter. 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. Ive made no secret that I hold a fairly skeptical view of the business world. And, I am certain we will also have some fun along the way.. Reduce inequity by targeting climate and clean energy investments in disadvantaged and frontline communities. As a climber and backcountry snowboarder, Ryan loves the wild natural world and knows Patagonias customers as a peer. Additional Quotes from Patagonia Board of Directors, I first met Yvon when he was around 24 and today, he is almost 84. 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. But ourmission prepares us to help lead citizen activists and business people of conscious to urgently work to create a healthier planet for all life. Explore our guide to Patagonia. 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. I am honored and humbled by the opportunity and keenly aware of the responsibility to lead this company in this critical time, stated Gellert. 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. Since 2014, Gellert has overseen Patagonia's business in Europe, the Middle East and Africa. The world is literally on fire. Investments of any size will be limited to like-minded, responsible businesses. If we could do the right thing while making enough to pay the bills, we could influence customers and other businesses, and maybe change the system along the way. Patagonia, Inc. operates as an apparel store. 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Buy used, trade in and fix your gear through Worn Wear. Business luminaries, environmental advocates and scientific pioneers guide our Board of Directors and our Science . 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. I am honored and humbled by the opportunity andkeenly aware of the responsibility to lead this company in this critical time, stated Gellert. Additional Quotes from Patagonia Board of Directors . And, I am certain we will also have some fun along the way.. 21, 2022). Ryan has lived and worked in the United States, Asia and Europe. 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. September 15, 2022, 5:30 AM PDT. X/brDzV(Re;>}*R~:-}/'~[>;G"M6ms.+f79\HHQ/UQ(AdH-~]DEDHDv-vQrq\/zEr u!-K(fJEp}U1:t'+:s)DtJmf}WtVOo1' .5`0JQ|iTfLpDBRZEEvS 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. Patagonias mission statement inspired the creationof Patagonia Works, and that mission statement will be infused into each company and brand extensionwithin Patagonia Works. In . Founded by Yvon Chouinard in 1973, Patagonia Works ("Patagonia") is a certified B Corporation based in Ventura, California. Twitter Instagram Facebook Google+ | Patagonia.com. 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. Patagonia Board of Directors Names Ryan Gellert Chief Executive Officer of Patagonia Works and Promotes Jenna Johnson to Lead Patagonia, Inc. September 24, 2020 by Patagonia VENTURA, Calif. (September 24, 2020) Patagonia has selected a new chief executive officer of Patagonia Works: Ryan Gellert. 0000003003 00000 n Deb Haaland Regarding Willow Project, Earthjustice Letter to Reps. All part-time and full-time employees also receive: Training and bail for those who peacefully protest for reproductive justice. 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Patagonia Works ("Patagonia") is a certified B Corporation based in Ventura, California. I dont like to think of myself as a businessman. 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. What are the responsibilities of Patagonia Works as the holding company?The Responsibilities of Patagonia Works: Incubate environmentally responsible companies, Extend the reach and the influence of the brand to new markets, Offer a new way to measure return on invested capital, Provide long-term economic health with consideration of environmental and social risk, Promote The Responsible Economy, Patagonia's ongoing environmental campaign, Provide best-quality shared services and allow each business to focus on product,quality, sales and customer experience, What are the current key channel companies under the Patagonia Works umbrella?Patagonia, Inc. (apparel)Patagonia Provisions, Inc. (food)Lost Arrow, Inc. dba Lost Arrow Project (government)Patagonia Media, Inc (books, films, multimedia projects)Fletcher Chouinard Designs, Inc. (surfboards)Tin Shed Ventures, LLC (investments)Worn Wear, Inc. (used and upcycled apparel). In addition to this role, Dr. Soley is Chairman and CEO of the Object Management Group. But while we and others do take meaningful steps to mitigate the impact we have on the planet, Patagonias new ownership structure introduces a new model that goes far beyond anything that exists today. All Rights Reserved. VENTURA, Calif. (September 14, 2022) Patagonia announced new ownership today, nearly 50 years since founder Yvon Chouinard began his experiment in responsible business. This reporting will allow regulators, policymakers, and the public to have access to accurate and timely information on these facilities GHG emissions. 2430 0 obj <> endobj xref 2430 22 0000000016 00000 n Williams will continue to report to the CEO in this critical new role. Yes. 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. Its unique ownership structure reflects that Earth is its only shareholder: Profits not reinvested back into the business are paid as dividends to protect the planet. 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. We started with our products, using materials that caused less harm to the environment. Patagonia serves customers worldwide. And that bestows on our family a serious responsibility. Each company may leverage the following shared corporateservices: environmental, legal, finance, technology, distribution, and human resources. Were in business to save our home planet. 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). 0000001780 00000 n 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. 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 ? The Holdfast Collective owns 98% of the company and all of the nonvoting stock. 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. Patagonia Works will also serve as an umbrella for new businesses the company invests in or develops in the future. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Bloomberg Daybreak, anchored from New York, Boston, Washington DC and San Francisco provides listeners with everything they need to know. No. Sign up for exclusive offers, original stories, activism awareness, events and more from Patagonia. Where restrictions exist, travel, lodging and food are covered. 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. Yvon Chouinard, Patagonia founder, former owner, and current board member said: Its been a half-century since we began our experiment in responsible business. Despite the misguided opinions of this Court, were more determined than ever to save our home planet. A copy of the rulemaking petition to EPA is attached, and we are happy to provide additional information on this issue. Lisa Williams, who joined Patagonias product team in 2001, will assume a new executive role as head of innovation, design and merchandising. 0000001559 00000 n 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. 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). 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. A major milestone to protect the Everglades: Utah Stream Access Coalition CALL TO ACTION: Oppose H.B. I look forward to working with you and other partners from the government, NGOs and private sector to support climate action in our communities. trailer <<01B69396AD8144B882DB6E07C9094736>]/Prev 218095/XRefStm 1559>> startxref 0 %%EOF 2451 0 obj <>stream In all those years, his vision has never wavered. By providing your email address, you agree to our Privacy Policy and Terms of Service. The Final Report must address the fact that dams contribute significantly to climate change through emissions and amplification of other climate impacts. Its been nearly 50 years since we began our experiment in responsible business, and we are just getting started. 0000013972 00000 n 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. 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. Fun along the way.. 21, 2022 ) been nearly 50 years since began... Michael Hiatt, Earthjustice, to Michael Regan, Admr, EPA ( Mar stipends for parents who do live! Mission by leading breakthrough ideas in materials, carbon-capturing business models and design & # x27 s. Works ( & quot ; ) is a B Corp ( benefit corporation ) am honored and humbled by opportunity! Years since we began our experiment in responsible business, and we are using a reader. The company and all of the Object Management Group in Ventura,.! # x27 ; s direct phone number, email address, you agree to our Policy. On this issue serve as an umbrella for new businesses the company is recognized internationally for product. Exist, travel, lodging and food are covered lodging and food are.! Shop activism Sports Stories company History - Patagonia Shop activism Sports Stories company we. Costs for mental health visits are covered time, stated Gellert the to... Away more money each year B corporation based in Ventura, California, he has Patagonia! Stipends for parents who do not live near one of our child-care centers 'll only contact about! 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