Patagonia and Almo Nature now share a common purpose: to protect the planet rather than generate wealth for shareholders.
In 2019, Almo Nature's founders, Pier Giovanni and Lorenzo Capellino, transferred their ownership and dividend rights to nonprofit organization, Fondazione Capellino (Capellino Foundation). This action transformed Almo Nature into an instrument of change... one that reintegrates nature with profit instead of taking from nature to increase individual wealth.
A message from Almo Nature founder Pier Giovanni Capellino on Reintegration Economy
Alongside its mission to protect biodiversity and combat climate change, the Foundation promotes Reintegration Economy in hopes that other companies will join us in adopting this or similar business models that put the planet first.
We are elated that Patagonia has become one such company!