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Steward Ownership Explained
- Steward ownership separates economic incentives from voting rights to prioritize long-term purpose over profit extraction.
- It commits companies to not sell, ensuring continuous reinvestment aligned with their stated purpose.
Carpet One's Cooperative Model
- Carpet One is a federation of 4,000 independently owned flooring stores that pool resources to compete with big box stores.
- They share branding and supply chain, blending local ownership with enterprise-level benefits.
Patagonia's Steward Ownership Shift
- Patagonia transitioned into a perpetual purpose trust to align profits with climate change mitigation.
- They donated ownership into a trust ensuring long-term reinvestment into environmental goals rather than extraction.