Patagonia to Donate Tax Savings to Environmental Groups
A letter posted on LinkedIn from CEO Rose Marcario said the company saved $10 million in taxes from the Republican tax cut plan and it will donate all $10 million to environmental groups on top of its 1% for the Planet program which funds environmental groups with 1% of sales. Calling the tax cut “irresponsible,” Marcario concluded, “In this season of giving, we are giving away this tax cut to the planet, our only home, which needs it now more than ever.”
Barely a week after the Administration released the Climate Assessment Report on Black Friday, hoping it would perhaps attract ... Log in to view full article.