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CNBC

Patagonia's profit giveaway sought to turn capitalism upside down — but it hasn't been stress-free

CNBC
Summary
Nutrition label

81% Informative

Patagonia has committed more than $71 million to environmental causes since announcing its shift in September 2022 .

Founder Yvon Chouinard and his family gave away their ownership of the company to climate-focused groups that would use the profits to help protect nature and biodiversity.

Outdoor clothing brand's restructuring — a pivotal moment in its history — has not been without its challenges, however.

VR Score

83

Informative language

81

Neutral language

74

Article tone

informal

Language

English

Language complexity

48

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links