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Podcast: Commonwealth Club of California Podcast
Episode: CLIMATE ONE: Yvon Chouinard: Giving It All Away
Description: Patagonia founder Yvon Chouinard made headlines recently when he announced that he and his family had transferred their $3 billion stake in the storied outdoor gear company to a special purpose trust and nonprofit that would give away $100 million a year, specifically to environmental causes. Patagonia has a long history of donating at least one percent of its profits – and 100% of profits made on Black Friday – to grassroots environmental non-profits. Yet even with this massive gift, and Laurene Powell Jobs’ own recent $3.5 billion pledge, climate philanthropy still only accounts for a small fraction of all charitable giving. This Thanksgiving weekend, we loo...