Making Earth the Shareholder
Patagonia founder Yvon Chouinard, a reluctant billionaire, puts company in trust devoted to address ecological crisis.
World leaders, powerful corporate executives and influential activists will come together this week at the World Economic Forum in Davos, Switzerland. At the top of the agenda is “stakeholder capitalism” – the idea that corporations should consider the interests of all stakeholders, including employees, customers and communities, not just those of their own shareholders.
To be sure, if there was ever a moment to recognize that we are all in it together – regardless of race, creed and class – it is now.
The ecological catastrophe fueled by climate change and the socio-economic upheaval threatened by grotesque inequalities of wealth and power have the potential to destroy everything we care about.
by Chuck Collins
Patagonia founder Yvon Chouinard, a reluctant billionaire, puts company in trust devoted to address ecological crisis.
by Helen Flannery
/by Chuck Collins
Barre Seid’s record-breaking $1.6 billion donation to the Marble Freedom Trust boosts right-wing advocacy efforts. This kind of dark money giving allows multi-millionaires to buy influence and set the public agenda — avoiding taxes in the process.
by Chuck Collins
/by Helen Flannery
Rising like monsters from the deep, donor-advised funds (DAFs) have finally caught up with foundations as the wealthy donor’s charitable warehousing vehicle of choice — and are poised to eclipse them.
