Patagonia
Juliana Conrad and Joseph Azurin
Thank You
Beer, Jeff. “How Patagonia Grows Every Time It Amplifies Its Social Mission.” Fast Company, Fast Company, 15 Mar. 2018, www.fastcompany.com/40525452/how-patagonia-grows-every-time-it-amplifies-its-social-mission.
Blakely, Lindsay. “Patagonia's Unapologetically Political Strategy and the Massive Business It Has Built.” Inc.com, Inc., 30 Nov. 2018, www.inc.com/lindsay-blakely/patagonia-2018-company-of-the-year-nominee.html.
Gelles, David. “Patagonia v. Trump.” The New York Times, The New York Times, 5 May 2018, www.nytimes.com/2018/05/05/business/patagonia-trump-bears-ears.html.
Hiebert, Paul. “A Look at the Type of Person Who Shops at Patagonia.” YouGov, July 2017, today.yougov.com/topics/consumer/articles-reports/2017/07/10/the-type-of-person-who-shops-at-patagonia.
Norman Bowe: "Corporations have a moral obligation not to intervene in the political arena in order to defeat or weaken environmental legislation
- Environmental Activist
- Every other year, it hosts a conference where activists share tips and best practices for protests, fund-raising and litigation.
- Patagonia v. Trump
- Bear Ears and Grand Staircase-Escalante Monuments
- Write grants and produce documentaries
- Since 1985, Patagonia has given about $90 million to environmental causes.
- Vice President of Environmental Activism
DesJardins: "Producing long-lasting durable products that can be reused and recycled"
- 1993 the first company to ever make fleece from recycled plastic soda bottles
- Common Threads Initiative
- partnership between Patagonia and their customers to buy and sell Patagonia clothing
- follows the principal of biomimicry
- closed loop
- Make durable products
About Patagonia
Bowie: "US consumers have shown that they are typically unwilling to pay the extra costs for environmentally friendly products"
- Yvon Chouinard started Patagonia in 1972
- Mission Statement: "Build the best product, cause no unnecessary harm, use business to inspire and implement solutions to the environmental crisis"
- Uses sustainable materials in their products
Joseph DeJardin: "Corporations should redesign their operations in a way that are sustainable and prevent harm to the environment"
- "Worthiness Era"
- Millennial Consumers
- More likely to buy products that they feel are ethical and for a good cause
- Patagonia
- generates a yearly revenue of $750 million
- 1/3 are millennials
- Survey said more people were willing to pay for Patagonia because of durability of the product
- Call themselves the "Activist Company"
- Connect people with environmental activist groups in their area
- Currently redesigning their operations to be carbon neutral by 2025
- Ultimate goal is to become carbon positive
- using only renewable electricity
- only use renewable or recycled materials in their products by 2025
- investing in renewable energy projects to cover the remainder of their carbon footprint
- regenerative organic agriculture
- rebuilds topsoil to reduce pollution from chemicals and traps the carbon that causes climate change