The Transfer of Ownership in the ‘Patagonia Case’: Tax Avoidance or a Step toward a Non-Extractive Economy?
This blog was featured earlier on the Verfassungsblog. September 15th 2022 was a big day for the climate movement. The owner of Patagonia – a large multinational corporation producing wearables – transferred 98% of his shares (worth 3 billion dollars) to the newly established Holdfast Collective, a foundation aimed at fighting climate change. The [...]