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Published on Wednesday, 04 January 2012

Patagonia files as benefit corporation

Written by John Mowbray

Patagonia_logoSACRAMENTO – US outdoor brand Patagonia has become the first company in California to elect ‘benefit corporation’ status, which means the company is legally required to have a corporate purpose to create a material positive impact on society and the environment along with transparent reporting and responsible financial obligations to its workers.


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