Earth is now our only shareholder

A couple of months ago the family who founded and still owned the outdoors company, Patagonia, gave it away. It's an interesting story. They considered and rejected various alternative forms of ownership before coming up with a plan to safeguard the company's conservation mission into perpetuity by setting up a charitable foundation and gifting all the shares to it so that “every dollar that is not reinvested back into Patagonia [will] be distributed as dividends to protect the planet.”

I love the idea of the driving force of the company being to reinvest profits back into conserving the planet for the future. I had a look at Patagonia's home page. I really like the four navigation choices: Shop, Activism, Sports, Stories.

Plus the inherent message embedded into their business model of buying products that will last generations. This isn't an ad, honest!

Channel 4 held an online Inclusion Festival last month: Altogether Different. You can access all the content by registering.

I watched Krishnan Guru-Murthy's excellent keynote speech making a case for inclusion to be a continued programme of work. This message is applicable to all industries, not just broadcasting.

Interesting and useful links 🖇️

Islamophobia is the most common form of religious hate crime in the UK. My Fabian Women's Network colleague, Dr Suriyah Bi, has recently launched the Index of Islamophobia which makes recommendations for how it can be identified, assessed and punished.

The Lancet published a series on how racism and discrimination negatively affect health outcomes. Racism in itself is a public health threat. The Guardian reports on the Lancet's findings here

For the fundraisers among you, this online conference about finding hope amongst the gloom might be a nice end of year spirit lift. Shout out to Caroline Danks!

What am I watching? 👀

I'm really enjoying watching Lupin on Netflix at the moment.

What am I listening to?👂

It's a bit cold so here's a track called July from Texas indie band, Mamalarky.

Joy-giving things 😍

I had a quick trip to London this week. It gave me so much joy to be there as a visitor and seeing this statue always lifts me up.

Have a great weekend.

Lucy

I write this newsletter because I believe in sharing progressive ideas that help us work towards a truly equal world.

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Thank you!

ChangeOut is created by Lucy Caldicott. You can find more about my work at ChangeOut.org. If you’re looking to have a chat about culture, leadership, purpose, equity, or a facilitated team discussion about any of those things, get in touch. You can also find me on Bluesky, Instagram, and, LinkedIn.

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