Environmental organisations Greenrock and BEST have concluded that a formal merger of the two entities is not necessary to advance their goals.
The two organisations have been in talks facilitated by the Centre on Philanthropy’s Collaboration Initiative which aims to help cash strapped groups pool their resources during difficult economic times.
A range of options were considered to allow them to work together on environmental sustainability issues of vital interest to both parties.
But they concluded that both charities had “strong and committed boards who support their own strategic mandates”.
In a press release, the organisation said that cost effective operating structures are maintained by both parties which “would limit any material benefit from the cost savings and efficiencies that would typically be a key driver of a merger.”
However, the discussions helped to identify areas for enhanced collaboration as “independent agents”.