The family who owned the Patagonia clothing company recently gave the company to a new trust which will take all the profits and dedicate it to fighting climate change. Meaning that the $3 billion company will now spend the $100 million in profits it generates annually on good things. The
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Things Are Good: Triple Bottom Line Companies on the Rise, Propose New Corporation Classification
A triple bottom line corporation is one that watches closely not only profitability but also it’s sustainability. Triple bottom line companies are on the rise not only in performance but also in popularity as more people realize the fragility of the planet and the lack of attention we give it.
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