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Tanuki

(14,914 posts)
Thu Nov 29, 2018, 10:43 AM Nov 2018

Patagonia donating its $10 million Trump tax cut to conservation, climate charities

https://www.bloomberg.com/news/articles/2018-11-28/patagonia-donates-10-million-trump-tax-savings-to-green-groups?fbclid=IwAR26aeI5h8rwiMswUXEFxqHCDtsWzVwwLQQeOoBZfUh_Cx4vZj_NFRez_BE

"Outdoor clothing company Patagonia Inc. has committed the $10 million it saved from federal tax cuts championed by President Donald Trump to nonprofit groups who work on conservation and climate issues, according to a LinkedIn post by Chief Executive Officer Rose Marcario.

“Taxes protect the most vulnerable in our society, our public lands and other life-giving resources,” she wrote. “In spite of this, the Trump administration initiated a corporate tax cut, threatening these services at the expense of our planet.”

The release last week of the fourth U.S. National Climate Assessment gave urgency to the decision, she wrote. Trump responded to the report by 13 federal agencies and more than 300 scientists by saying, “I don’t believe it.”

The company in September for the first time endorsed two Democratic candidates for U.S. Senate, Jon Tester of Montana and Jacky Rosen of Nevada, both of whom won.

Patagonia has linked its brand with conservation, such as its 2011 Black Friday advertisement telling consumers not to engage in empty consumption by purchasing its jackets. In 2017, it launched a program called “Worn Wear,” which allows customers to pay for repairs to old items or trade them in for store credit."

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Patagonia donating its $10 million Trump tax cut to conservation, climate charities (Original Post) Tanuki Nov 2018 OP
wow at first I read it backwards and thought they were contributing to trump mucifer Nov 2018 #1
wished their clothing fit me better...we should patronize with our wallets folks like this dembotoz Nov 2018 #2
I like their clothes. A bit expensive, but last forever. And it appears they are quite responsible. Hoyt Nov 2018 #3
 

Hoyt

(54,770 posts)
3. I like their clothes. A bit expensive, but last forever. And it appears they are quite responsible.
Thu Nov 29, 2018, 11:14 AM
Nov 2018

https://www.patagonia.com/corporate-responsibility.html


Have not personally verified their claims, but I've never heard anyone dispute them.
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