03 January 2023
The Transfer of Ownership in the ‘Patagonia Case’
September 15th 2022 was a big day for the climate movement. The owner of Patagonia – a large multinational corporation producing wearables – transferred 98% of his shares (worth 3 billion dollars) to the newly established Holdfast Collective, a foundation aimed at fighting climate change. Are we at the dawn of a new type of capitalism, where profit is made to work for nature rather than against it? Continue reading >>
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