Buying a tree poses a risk and we can not guarantee a return. What we can guarantee is that we are doing everything in our power going forward to keep all our promises and agreements, in the same way that we’ve kept them from the start in 2006 until today. We are actively monitoring, minimizing and eliminating the various risks.
As with all savings schemes, you take a risk as a buyer when you buy our trees. There is a risk of losing a portion of, or all of your deposited capital. Such risks may take different shapes. The risks we see, for different categories, are as follows:
Risks associated with forestry
These risks include everything that has to do with our plantations and our production. It can be drought, damage due to insects or fires on the plantations. These risks are the ones that cause us the least worry since they to a large extent can be minimized and eliminated. You can also read about how we work with many of these risks in our FAQ. These risks concern all forest companies and are part of the regular business management.
Managing risks associated with doing business in Africa
Doing business in Africa is, of course, associated with higher risks than if we, for example, had conducted operations in Scandinavia. However, the trees we plant do not grow in Scandinavia. We currently managing our operations in Kenya and Uganda, some of the most stable democracies in Africa.
We have extensive experience of doing business in these countries and we wouldn’t have done it if we didn’t think the risk was manageable. The picture often painted in for example foreign media does not always match the experience we have here on location.
Risks associated with our business
As a potential customer, you naturally need to make your own assessment of how you evaluate the risk of working with us as a company and supplier. We believe that trust is everything in business and we are therefore very keen to keep all our promises. To date, we have paid out all the returns that our customers were entitled to and we have done what we have said we will do even though it has not always been plain sailing.
All the trials and successes have meant that we now feel more stable and secure than ever before. We have delivered amazing results and demonstrated that our business model works, that it brings benefits to the community and is commercially viable.
There are other risks, however, that can affect your trees. In short, we can give the general recommendations that most companies provide:
- Don’t buy trees for money you cannot afford to lose.
- Don’t ”put all your eggs in one basket”.
- The best thing you can do is to buy trees regularly and over a longer period of time.
- The money used for buying trees is locked in after the initial withdrawal period of 14 days. After that, buybacks and returns follow the agreement between you and Better Globe.
We also recommend that you read our FAQ, where many of the most frequently asked questions are answered.
Start saving in trees or reserve a seat on a webinar
If you also want to join in and do good, contribute to a better world and manage your savings in an ethical, sustainable and long-term way, use the link below.p>
Every Tuesday evening at. 20:30 we have a live information meeting over the Internet, a so-called webinar for those who want more information or have questions. It's obviously free and it lasts about 40 minutes.
Please feel free to read more here on the website, if you have other questions. We have a FAQ page with the 50 most frequently asked questions, and you can of course contact us at firstname.lastname@example.org.