In a shifting landscape of corporate responsibility, two industry professionals—a Real Estate Sales Representative and a Co-Founder and CEO—weigh in on the decision to cut charitable programs. From “TechNest Refocuses on Sustainability” to “CraftBrew Pivots to Business Stability,” explore the nuanced reasons behind why two small to medium-sized companies are stepping back from their giving initiatives.

• TechNest Refocuses on Sustainability
• CraftBrew Pivots to Business Stability

TechNest Refocuses on Sustainability

I recently stumbled upon some industry buzz about a local company here in Montreal that’s scaling back its charitable giving efforts. The word on the street is that a small-to-medium-sized tech firm, TechNest Solutions, has decided to reevaluate its charitable giving program. 

Apparently, they’re restructuring their corporate social responsibility strategy and reallocating resources to focus more on sustainability initiatives  the company. It’s a bit surprising, considering how many businesses these days are emphasizing their commitment to giving back to the community, but hey, everyone’s got their own playbook.

Samantha Odo, Real Estate Sales Representative and Montreal Division Manager, Precondo

CraftBrew Pivots to Business Stability

As a multi-faceted CEO in the educational sector, I empathize with the recent decisions made by businesses, such as CraftBrew, a local microbrewery, to discontinue their charitable giving program. 

Despite this modification, it isn’t abandonment of the community but rather a strategic pivot to ensure sustainability in an unpredictable business landscape. The reprioritization from philanthropy to survival mode is their way of preserving business stability amidst uncertainties.

Nooran Zafarmand, Co-Founder and CEO, Japamana