Boiling Point Podcast

Boiling Point - Episode 097 - Phil Graves, Patagonia, and $20 Million & Change

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Synopsis

Reinvesting in Triple Bottom Line   Introducing Phil Graves, Patagonia, and $20 Million & Change For over four decades, Patagonia has been a leader in high-end outdoor wear. The worldwide clothing brand not only makes clothes to wear outside, but also is known for its commitment to the environment. Since 1993 it has been making its fleece from recycled beverage bottles and it has used organic cotton since 1996. This commitment to a triple bottom line was further continued when Patagonia became a B corp in 2011. Patagonia has now continued to double-down on its commitment to planet, people, and profit by creating its own venture capital firm $20 Million and Change, which invests in environmentally and socially responsible start-ups. Phil Graves heads corporate development at Patagonia and oversees $20 Million & Change. Phil came from the corporate consulting world, but was looking for a change. His first choice was to work for Patagonia and as luck would have it this was right near the initiation of $20 Mi