Making Earth the Only Shareholder

Feb 2 2023

by Daniel Goleman, originally published by Korn Ferry in KF Insights

Breaking news on the purpose front this month:  Patagonia’s founder, Yvon Chouinard, bestowed ownership of the company to the Patagonia Purpose Trust and the Holdfast Collective, a nonprofit dedicated to defending nature. Valued at roughly $3 billion, the 50-year-old outdoor apparel company is now in a trust that will ensure profits go towards fighting the climate crisis.

“Earth is now our only shareholder,” reads the headline on Patagonia’s website, where Chouinard shares more about his motivation for the restructure.

Read More

See More Posts

Black History Month: 3 Diversity Headwinds—and 3 Solutions

Black History Month: 3 Diversity Headwinds—and 3 Solutions

Feb 9 2023

by JT Saunders, originally posted by Korn Ferry in KF Insights For decades, company leaders have been saying they want to make their organizations more inclusive and diverse. Those efforts became even more widespread in the wake of the George Floyd killing. Now, as...

read more
The Gift that Keeps on Giving

The Gift that Keeps on Giving

Feb 2 2023

by Amelia Haynes, originally published by Korn Ferry Institute Do you know that feeling you get when a stranger holds the door for you? Or when your partner surprises you with a gift? Or when your coworker offers to take something off your plate during a busy week?...

read more
A Year in Search of Purpose

A Year in Search of Purpose

Feb 2 2023

by Daniel Goleman, originally published by Korn Ferry in KF Insights Looking back over the past three years of disruption and unrest—no word could be more appropriate than “CHANGE.” Can I change my career? Can I change my location? Can I change the world? These are...

read more