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(Gizmodo)   Patagonia saying that "Earth is now our only shareholder"? Yeah, about that   (gizmodo.com) divider line
    More: Followup, Yvon Chouinard, Environmentalism, Tax, founder of Patagonia, Environmental movement, Non-profit organization, Bill Gates, Chouinard family  
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1329 clicks; posted to Business » on 17 Sep 2022 at 10:20 AM (11 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



26 Comments     (+0 »)
View Voting Results: Smartest and Funniest
 
2022-09-17 6:27:01 AM  
For-profit corporations and their shareholders will always do whatever will make them money.

Film at 11.
 
2022-09-17 7:25:49 AM  
Holy shiat, let's find reasons to criticize a business that's actually taking steps to do the right thing. How dare they pay their shareholders
 
2022-09-17 7:45:16 AM  

bostonguy: For-profit corporations and their shareholders will always do whatever will make them money.

Film at 11.


Accounting Protip: given the opportunity, so will non-profits.
 
2022-09-17 8:58:17 AM  
The people bothered by this are cut from the same cloth as the sort of people who think Al Gore has no right to be concerned about the environment because he lives in a house and uses electricity.
 
2022-09-17 10:22:49 AM  
Al Gore claims to care about the environment, but he rides in a CAR instead of a rickshaw.  What a hypocrite.
 
2022-09-17 10:40:34 AM  
FTFA:

It's also notable that the nonprofit is a 501(c)(4), which allows it to directly participate in political giving.

Patagonia has already opposed candidates with bad environmental track records, so this isn't a surprise. C4s can also engage in an unlimited amount of lobbying while c3s have a cap. And a c4 cannot donate to candidates - it can only make independent expenditures.

I can't think of a company that has been as vocal as Patagonia about environment policy, so I'm not sure what the problem is.
 
2022-09-17 10:44:45 AM  

thornhill: so I'm not sure what the problem is.


Someone had a deadline.
 
2022-09-17 11:06:40 AM  
What a stupid farking attempt at a hit piece

fark you subby for spreading this shiat
 
2022-09-17 11:07:38 AM  
Patagonia using the most spectacular scenery in the world to sell their products for 50 years, now they're all like,

Fark user imageView Full Size


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That's right, we don't want your money!  We just want the Best People!  The very best people to advertise wear our shiat!  We only want the best-looking, the most athletic, the most adventurous, the most well-heeled, the glibbest motherfarkers to wear our products!  That's why we made them expensive, because otherwise, how would you know that you're only selling to the Best People? We don't want our brand plastered all over the average slob who can't even fly to Chile.  We need to save......the Best People.  You can spot them because they have Patagonia written on them, even if you run into them in Tibet.   THAT's the kind of ad people we want.

/I"m wearing one right now.  Nice stuff
//I found it on the trail.  The same one you've probably seen in a Patagonia ad

Fark user imageView Full Size
 
2022-09-17 11:29:40 AM  

cryinoutloud: Patagonia using the most spectacular scenery in the world to sell their products for 50 years, now they're all like,

[Fark user image image 382x215]

[Fark user image image 322x431][Fark user image image 289x375]

[Fark user image image 443x247][Fark user image image 413x231][Fark user image image 502x606]


[Fark user image image 568x262]

That's right, we don't want your money!  We just want the Best People!  The very best people to advertise wear our shiat!  We only want the best-looking, the most athletic, the most adventurous, the most well-heeled, the glibbest motherfarkers to wear our products!  That's why we made them expensive, because otherwise, how would you know that you're only selling to the Best People? We don't want our brand plastered all over the average slob who can't even fly to Chile.  We need to save......the Best People.  You can spot them because they have Patagonia written on them, even if you run into them in Tibet.   THAT's the kind of ad people we want.

/I"m wearing one right now.  Nice stuff
//I found it on the trail.  The same one you've probably seen in a Patagonia ad

[Fark user image image 520x291]


Environmentalists claim to care about the environment, but they enjoy the environment instead of watching TV.

What a bunch of hypocrites.
 
2022-09-17 11:29:53 AM  
So they're not giving away ownership of the company they are just donating all profits to environmental causes? This is somehow makes them bad people?
 
2022-09-17 11:32:02 AM  
Wait -- by giving away $3 billion, the family will pay less tax?

THE HELL YOU SAY
 
2022-09-17 12:17:34 PM  
It's all virtual-signaling.

"We advertise to douchebags to drive Audis and live in comfortable mansions with a Brown person living in the utility room to raise our brats. Our clients are also the same overpaid execs who work in the D.C. Military/Industrial Complex, Big Oil, Big Pharma, Wall Street, etc. As for Six-Pack Joe who could never afford our products anyway, Fark 'em."
 
2022-09-17 12:28:30 PM  
Today in You're Being RIch Wrong.
 
2022-09-17 12:31:39 PM  

Catsaregreen: It's all virtual-signaling.

"We advertise to douchebags to drive Audis and live in comfortable mansions with a Brown person living in the utility room to raise our brats. Our clients are also the same overpaid execs who work in the D.C. Military/Industrial Complex, Big Oil, Big Pharma, Wall Street, etc. As for Six-Pack Joe who could never afford our products anyway, Fark 'em."


Is it "signaling" when you actually farking do something?
 
2022-09-17 12:34:07 PM  

Catsaregreen: It's all virtual-signaling.

"We advertise to douchebags to drive Audis and live in comfortable mansions with a Brown person living in the utility room to raise our brats. Our clients are also the same overpaid execs who work in the D.C. Military/Industrial Complex, Big Oil, Big Pharma, Wall Street, etc. As for Six-Pack Joe who could never afford our products anyway, Fark 'em."


media3.giphy.comView Full Size
 
2022-09-17 12:58:23 PM  

cryinoutloud: Patagonia using the most spectacular scenery in the world to sell their products for 50 years, now they're all like,

[Fark user image image 382x215]

[Fark user image image 322x431][Fark user image image 289x375]

[Fark user image image 443x247][Fark user image image 413x231][Fark user image image 502x606]


[Fark user image image 568x262]

That's right, we don't want your money!  We just want the Best People!  The very best people to advertise wear our shiat!  We only want the best-looking, the most athletic, the most adventurous, the most well-heeled, the glibbest motherfarkers to wear our products!  That's why we made them expensive, because otherwise, how would you know that you're only selling to the Best People? We don't want our brand plastered all over the average slob who can't even fly to Chile.  We need to save......the Best People.  You can spot them because they have Patagonia written on them, even if you run into them in Tibet.   THAT's the kind of ad people we want.

/I"m wearing one right now.  Nice stuff
//I found it on the trail.  The same one you've probably seen in a Patagonia ad

[Fark user image image 520x291]


Edgy.
 
2022-09-17 1:02:25 PM  
The local Patagonia store in Dallas works with a lot of the organizations that help people in south Dallas, who are impoverished, under served, and exposed to environment hazards.

https://www.patagonia.com/actionworks/stores/patagonia-dallas/
 
2022-09-17 2:07:23 PM  
So what are the odds some guy who has been or who currently is working some unethical company had this article written because they were worried if people start seeing corporations act ethically they'll expect it from more corporations?  Gotta try and paint this move as just as bad as any other company
 
2022-09-17 4:27:50 PM  

Pocket Ninja: The people bothered by this are cut from the same cloth as the sort of people who think Al Gore has no right to be concerned about the environment because he lives in a house and uses electricity.


So conservatives and bad faith actors trying distract and divide those trying to help fix the problem.
 
2022-09-17 7:44:05 PM  

cryinoutloud: Patagonia using the most spectacular scenery in the world to sell their products for 50 years, now they're all like,

[Fark user image image 382x215]

[Fark user image image 322x431][Fark user image image 289x375]

[Fark user image image 443x247][Fark user image image 413x231][Fark user image image 502x606]


[Fark user image image 568x262]

That's right, we don't want your money!  We just want the Best People!  The very best people to advertise wear our shiat!  We only want the best-looking, the most athletic, the most adventurous, the most well-heeled, the glibbest motherfarkers to wear our products!  That's why we made them expensive, because otherwise, how would you know that you're only selling to the Best People? We don't want our brand plastered all over the average slob who can't even fly to Chile.  We need to save......the Best People.  You can spot them because they have Patagonia written on them, even if you run into them in Tibet.   THAT's the kind of ad people we want.

/I"m wearing one right now.  Nice stuff
//I found it on the trail.  The same one you've probably seen in a Patagonia ad

[Fark user image image 520x291]


You have zero clue what you're talking about. But nice try.

My brother is a design director there. Has loved every single second of his time there (6 years and counting) because they actually walk the walk, and it's a mission he can get behind.

This is nothing more than a hit piece. I read the original on Forbes or Fortune yesterday. Greedy pigs are pissed because a successful company owner decided to put his money where it counts. He has enough, but that's not good enough for some people. It's gross.
 
2022-09-17 10:07:38 PM  
Farkers: CEOs are greedy and abuse their workers to line their own pockets. This is terrible and unfettered capitalism is awful!

Also Farkers: How dare a CEO give away his company to try to make the world a better, more fair place for all!

So, par for the course then. Sadly.
 
2022-09-18 10:54:03 AM  

thornhill: FTFA:

It's also notable that the nonprofit is a 501(c)(4), which allows it to directly participate in political giving.

Patagonia has already opposed candidates with bad environmental track records, so this isn't a surprise. C4s can also engage in an unlimited amount of lobbying while c3s have a cap. And a c4 cannot donate to candidates - it can only make independent expenditures.

I can't think of a company that has been as vocal as Patagonia about environment policy, so I'm not sure what the problem is.


Rich people wielding wealth as power. Doesn't matter if it's for good or evil - the fact that they can is always going to be a concern. No one should be able to buy a bigger say in a democracy simply because they have more money.

Also, such entities typically outlast their initial ideals. The kind intent of the patriarch become the squabbles of the family, and the leadership of a chairperson becomes the in-fighting of the board.
 
2022-09-18 10:55:50 AM  
And, yeah, this is a stupid attempt at a hit piece. Attacking Patagonia for doing what, say, the Kochs or the Waltons do as a matter of course smacks of hypocrisy.

If you don't like the system, don't attack those subject to or forced to deal with it - attack the system itself.
 
2022-09-18 10:56:33 AM  

phoenix352: Pocket Ninja: The people bothered by this are cut from the same cloth as the sort of people who think Al Gore has no right to be concerned about the environment because he lives in a house and uses electricity.

So conservatives and bad faith actors trying distract and divide those trying to help fix the problem.


Yeah, that pretty much feels like the motivation for this sad attempt at a hit piece.
 
2022-09-18 11:29:47 AM  
Seems like typical republican filth. To republicans it does not compute that someone would do this. Don't rape and pillage you say? But he must have, because he has wealth. He is just like us. He can't be telling the truth. His charity must have bought influence. Gotcha liberalos. Divide by zero, you are wrong. 1 is not a prime number therefore math is wrong.

Or Yvon Chouinard could be telling the truth. When you give up wealth there are tax consequences. And the timing could give different results. How old is this dude anyway? Seems like he decided the time is right rather than clinging onto the business onto his death bed.
 
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