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 since the start in 2006 until today. We are actively monitoring, minimizing and eliminating the various risks.
When you as a customer buy our trees, you are taking a risk. You risk losing a portion of, or the entirety of, the money you paid for your trees. This is also not a liquid purchase, since it is locked in for a period of 20 years. There are different types of risks involved. The risks that we see, within these 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 are 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 would not do it unless we considered the risk manageable. The way foreign media portrays some situations do 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 have been entitled to, and we have delivered on our promises, even though it has not always been plain sailing.
All our trials and successes have brought us to a place where 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 that it is commercially viable.
Important to know
There are other risks, however, that can affect your trees. In short, we can give the general recommendations that most companies provide:
- You are not guaranteed any money.
- In the worst-case scenario, you can lose all the money you used to buy trees.
- You should not buy trees for money you cannot afford to lose, and you should not “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. In this way, you will get to know us, the trees and our business.
- The money used for buying trees is locked in after the initial trial period of 14 days. After that, buybacks and returns follow the agreement between you and Better Globe.
- Some of our customers compare us to an alternative, unregulated and unlisted investment with high risk and limited transparency.
- To make a comparison, the risk is higher than with stocks, for example.
We also recommend that you read our FAQ, where many of the most frequently asked questions are answered.
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