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Patagonia
CEO: Yvon Chouinard
Location: Ventura, CA
BACKGROUND DATA: Patagonia is a manufacturer and distributes outdoor wear, started as a
manufacturer of climbing equipment in 1974. The privately-held company had 1995 sales of
roughly $150 million and 550 employees. The company devotes the greater of 10% of pre-tax
profits or 1% of sales to environmental causes.
CORPORATE CITIZENSHIP PRINCIPLE: Family-Friendly Workplaces
Patagonia offers excellent maternity and paternity leave: four months, including eight weeks at full
pay. Extended also to adoptive parents, this is one of the most generous packages in the country.
Back at work, new parents have access to two on-site child care centers and are permitted five
sick-child days per year. In addition, the company accomodates workers' lives outside the job via
job sharing, work-at-home opportunities, flextime, and compressed workweeks. To top it off, the
company has an excellent record of promoting women, with females holding more than half of the
highest-paying jobs, including that of the President. The company has been recognized in the
"Top 100" by both Working Mother magazine and Levering, and is, according to DOL's Wage
and Hour Administration, a garment industry "Trend Setter."
In addition, Patagonia offers an example of how "contagious" good corporate citizenship can be.
After the tragic fire at Malden Mills in Lawrence, MA -- a major supplier of synthetic fleece --
Patagonia quickly announced that the disruption in supply would not produce any Patagonia
layoffs. Noting the 15-year relationship between the two companies, Patagonia announced its
commitment to getting Malden Mills back on its feet.
CEO PROFILE: Yvon Chouinard is the founder of Patagonia in Ventura, California. An avid
outdoorsman and rock climber, Mr. Chouinard began his business in 1962, with a one-page mail
order rock climbing equipment catalogue. Today it is a highly successful manufacturer of outdoor
sports equipment and clothing. Mr. Chouinard is active in environmental pursuits-- 1% of the
company's sales go to environmental projects and initiatives.
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"ocrText": "DRAFT\nPatagonia\nCEO: Yvon Chouinard\nLocation: Ventura, CA\nBACKGROUND DATA: Patagonia is a manufacturer and distributes outdoor wear, started as a\nmanufacturer of climbing equipment in 1974. The privately-held company had 1995 sales of\nroughly $150 million and 550 employees. The company devotes the greater of 10% of pre-tax\nprofits or 1% of sales to environmental causes.\nCORPORATE CITIZENSHIP PRINCIPLE: Family-Friendly Workplaces\nPatagonia offers excellent maternity and paternity leave: four months, including eight weeks at full\npay. Extended also to adoptive parents, this is one of the most generous packages in the country.\nBack at work, new parents have access to two on-site child care centers and are permitted five\nsick-child days per year. In addition, the company accomodates workers' lives outside the job via\njob sharing, work-at-home opportunities, flextime, and compressed workweeks. To top it off, the\ncompany has an excellent record of promoting women, with females holding more than half of the\nhighest-paying jobs, including that of the President. The company has been recognized in the\n\"Top 100\" by both Working Mother magazine and Levering, and is, according to DOL's Wage\nand Hour Administration, a garment industry \"Trend Setter.\"\nIn addition, Patagonia offers an example of how \"contagious\" good corporate citizenship can be.\nAfter the tragic fire at Malden Mills in Lawrence, MA -- a major supplier of synthetic fleece --\nPatagonia quickly announced that the disruption in supply would not produce any Patagonia\nlayoffs. Noting the 15-year relationship between the two companies, Patagonia announced its\ncommitment to getting Malden Mills back on its feet.\nCEO PROFILE: Yvon Chouinard is the founder of Patagonia in Ventura, California. An avid\noutdoorsman and rock climber, Mr. Chouinard began his business in 1962, with a one-page mail\norder rock climbing equipment catalogue. Today it is a highly successful manufacturer of outdoor\nsports equipment and clothing. Mr. Chouinard is active in environmental pursuits-- 1% of the\ncompany's sales go to environmental projects and initiatives."
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