{"id":17854,"date":"2022-04-05T09:14:20","date_gmt":"2022-04-05T08:14:20","guid":{"rendered":"https:\/\/www.paramo-clothing.com\/en-us\/blog\/?p=9487"},"modified":"2024-08-07T15:03:16","modified_gmt":"2024-08-07T14:03:16","slug":"paramo-becomes-an-employee-owned-trust","status":"publish","type":"post","link":"https:\/\/paramo-clothing.com\/en-us\/blog\/paramo-becomes-an-employee-owned-trust\/","title":{"rendered":"P\u00e1ramo becomes an Employee Owned Trust"},"content":{"rendered":"\r\n

 <\/p>\r\n

For 30 years, P\u00e1ramo has engineered waterproofs that do not become obsolete – our garments are easily repaired and their waterproofing can be indefinitely renewed. To ensure the promise of durability and recyclability for P\u00e1ramo People in the future, Nick Brown has sold P\u00e1ramo Directional Clothing to the people that know it best – its employees.<\/strong><\/p>\r\n\r\n\r\n\r\n\r\n\r\n

<\/p>\r\n\r\n\r\n\r\n\r\n\r\n

With Nick reaching retirement age, the business needed a solution to provide a safe route to succession. This is why, 4 years ago, P\u00e1ramo began the process of converting to an Employee Owned Trust (EOT) with the aim of maintaining continuity of values and staff, and future development.<\/p>\r\n\r\n\r\n\r\n\r\n\r\n

On February 1st 2022 the process finally completed and, together with our sister company Nikwax\u00ae, and the Miquelina factory in Bogot\u00e1, Colombia, we became an employee-owned business. Run through an EOT, all employees now receive an equal stake in the companies\u2019 futures, which in turn ensures brand social and ecological founding values are secured for many years to come.<\/p>\r\n\r\n\r\n\r\n

\"\"\r\n\r\n<\/figure>\r\n\r\n\r\n\r\n\r\n\r\n

\u201cBy passing on the business to employees, now partners, I feel that I am not only looking after them, but also looking after our loyal customers. P\u00e1ramo users have huge affection for the brand and for their clothing, and I want this to continue. What we started 30 years ago, and was radical, is now the new goal for manufacturers worldwide. <\/em>Nick Brown<\/strong><\/p>\r\n\r\n\r\n\r\n\r\n\r\n

Located in East Sussex, P\u00e1ramo provides local employment in a small, rural village. It offers flexible working arrangements across all levels of the business and many staff members have worked at the company for decades. P\u00e1ramo believes in transparency and is continuously striving for greater equality within the organization – becoming an EOT will help to widen the support and opportunities offered to employees. We can achieve more working together; ensuring our principles are preserved across our value chain whilst continually pushing to improve and learn from each other.<\/p>\r\n\r\n\r\n\r\n

Nick has always loved the outdoors and his passion for walking meant he was always looking for ways to enjoy it in comfort, which lead to the development of his unique membrane-free fabric system, Nikwax Analogy\u00ae, used in P\u00e1ramo clothing. Our award-winning brand is the clothing of choice for Mountain Rescue teams and expeditionary workforces such as the British Antarctic Survey. P\u00e1ramo was the first outdoor company to join the Greenpeace Detox commitment in 2016, eliminating PFC treatments from its entire product range.<\/p>\r\n\r\n\r\n\r\n

\"\"\r\n
Nick Brown<\/strong> today<\/strong> in his Halkon Jacket<\/strong><\/figcaption>\r\n<\/figure>\r\n\r\n\r\n\r\n\r\n\r\n

With the transition of the companies to an EOT, people and the planet are at the core of a business strategy prioritizing commitment to protecting the natural environment and improving people\u2019s lives, which is why 1% of P\u00e1ramo\u2019s yearly turnover will be donated to social and environmental initiatives where real impact can be achieved.<\/p>\r\n\r\n\r\n\r\n

Our vision is to be a world-renowned EOT demonstrating that innovative and successful companies can<\/em> have a sustainable future, whilst ensuring we have a tangible and positive impact on society, our communities, and the environment.<\/p>\r\n\r\n\r\n\r\n

P\u00e1ramo \u2013 An extraordinary partnership.<\/p>\r\n\r\n\r\n\r\n

 <\/p>\r\n\r\n\r\n\r\n

paramo-clothing.com\/en-us<\/a><\/p>\r\n\r\n\r\n","protected":false},"excerpt":{"rendered":"

  For 30 years, P\u00e1ramo has engineered waterproofs that do not become obsolete – our garments are easily repaired and their waterproofing can be indefinitely renewed. To ensure the promise of durability and recyclability for P\u00e1ramo People in the future, Nick Brown has sold P\u00e1ramo Directional Clothing to the people that know it best – […]<\/p>\n","protected":false},"author":116,"featured_media":24654,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"iawp_total_views":27,"footnotes":""},"categories":[12648,12651,14206,12693],"tags":[14234,14231,14221,12344,14232,13315,13518,13242,14226,14233],"class_list":["post-17854","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-environment","category-news","category-performance","category-sustainability","tag-british-antarctic-survey","tag-employed-owned-trust","tag-eot","tag-greenpeace-detox","tag-halkon","tag-nick-brown","tag-nikwax-en-gb","tag-nikwax-analogy","tag-paramo-clothing","tag-partnership"],"acf":[],"yoast_head":"\nP\u00e1ramo becomes an Employee Owned Trust - P\u00e1ramo North America<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/paramo-clothing.com\/en-us\/blog\/paramo-becomes-an-employee-owned-trust\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"P\u00e1ramo becomes an Employee Owned Trust - P\u00e1ramo North America\" \/>\n<meta property=\"og:description\" content=\"  For 30 years, P\u00e1ramo has engineered waterproofs that do not become obsolete – our garments are easily repaired and their waterproofing can be indefinitely renewed. 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