Overview
- Patagonia says it has paid $180 million to the Holdfast Collective since late 2022, while coverage notes $115 million in grants made so far and separate reports cite more than $142 million in commitments.
- Recent interventions highlighted include $2 million to secure 8,000 acres tied to Okefenokee protection, $3.1 million to help block a mine in Alaska’s Bristol Bay, and funding for 92,000 acres of land in Australia.
- Operational progress disclosed includes eliminating PFAS from all new products starting Spring 2025, reaching 98% renewable electricity for owned facilities, and producing over 95% of products in Fair Trade Certified factories.
- Patagonia reports limits alongside gains, with only 39% of factories paying a local living wage and some 2025 product targets missed, while nearly all emissions remain in the hard‑to‑decarbonize supply chain.
- The report adds uncommon transparency for a private firm, listing $1.47 billion in FY2024–25 revenue and a 6.3% sales decline since 2023, and it reiterates a strategy to move funds quickly rather than build an endowment.