Cotopaxi Becomes 1% For The Planet Member

August 11, 2022

Joining a Global Network of Businesses Working Together to Support People and the Planet

Salt Lake City, UT, (August 11, 2022)/OUTDOOR SPORTSWIRE/ –B Corp and impact-driven brand Cotopaxi is proud to announce their 1% for the Planet (FTP) Membership, reaffirming their commitment to giving 1% of revenue to certified nonprofits working towards improving the human condition. Since its inception, Cotopaxi has donated 1% of proceeds to nonprofit partners dedicated to alleviating poverty through the Cotopaxi Foundation, reaching an estimated 3 million people in extreme poverty through traceable and valid means since 2014.

“Giving is core to who we are as a brand, and we believe that we can do more together than we can alone,” said Davis Smith, Founder and CEO of Cotopaxi. “That’s why we’re proud to be a part of a global community of like-minded brands committed to 1% for the Planet and proud to be working together to uplift communities and create a healthier planet for all.”

By contributing 1% of annual sales, thousands of 1% for the Planet members have raised over $300 million to support approved nonprofits around the globe. Nonprofits are approved based on referrals, track record and environmental focus. Thousands of nonprofits worldwide are currently approved.

“We are so thrilled to welcome Cotopaxi to our global community of business members. Cotopaxi is an incredible brand dedicated to positive impact and with sustainable practices built into their core. We know they will bring deep passion and clear focus to their 1% for the Planet commitment, joining our growing membership to drive powerful change through strategic philanthropy.” says Kate Williams, CEO of 1% for the Planet.

Additionally, the Cotopaxi Foundation is now a vetted 1% FTP nonprofit partner, which means that any business or individual 1% FTP member can give to the Cotopaxi Foundation and get credit towards their 1%. The Cotopaxi Foundation provides targeted grants to nonprofit partners that are carefully selected for their track records of improving the human condition. Dedicated to eradicating extreme poverty, Cotopaxi Foundation concentrates efforts in Latin America’s poorest communities, investing in health, education, and livelihood.

To learn more about Cotopaxi’s journey to 1% for the Planet membership, visit www.cotopaxi.com/impact.

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Cotopaxi Press Contact: Erin Wyer | Erin@OutsidePR.com | 612.747.1314

About Cotopaxi

Cotopaxi is a carbon-neutral outdoor gear brand founded to create sustainably designed products that fight extreme poverty, inspire adventure, and move people to do good. As a certified B Corporation, we believe in using the power of business as a force for social, environmental, and economic good. Our creed, Gear for Good, touches every aspect of our company. Cotopaxi is committed to making all of our gear using repurposed, recycled, or responsible materials by 2025. We allocate 1% of our annual revenue to the Cotopaxi Foundation which awards grants to outstanding nonprofit partners carefully selected for their track records at improving the human condition and alleviating poverty. In 2021, we aided over 1 million people in extreme poverty through targeted grants to outstanding organizations with proven methodologies. For more information please visit https://www.cotopaxi.com

About 1% for the Planet

1% for the Planet is a global organization that exists to ensure our planet and future generations thrive. We inspire businesses and individuals to support environmental nonprofits through membership and everyday actions. We make environmental giving easy and effective through partnership advising, impact storytelling and third-party certification.

Started in 2002 by Yvon Chouinard, founder of Patagonia, and Craig Mathews, founder of Blue Ribbon Flies, our business members and individual members have given hundreds of millions of dollars to our approved nonprofit partners to date. Today, 1% for the Planet’s global network consists of thousands of businesses, individuals and environmental nonprofits working toward a better future for all. For more information, visit https://onepercentfortheplanet.org