As of August 2017, ForestFinance is officially training apprentices. Prior to that, Kim Jeckstadt, who is responsible for Customer Service and HR, had successfully passed the trainer aptitude examination.
Harry Assenmacher returning to managament
ForestFinance founder Harry Assenmacher returns to management. Previous manager Richard Focken is now holding the position of CEO at 12Tree Finance GmbH. Christiane Pindur continues to serve as CEO of the Forest Finance Service GmbH.
A fresh design for the ForestFinance website: Our website is relaunched with a clean, fresh and unique look, featuring new and easy to use options. You can now order our investment products completely online or experience your forests in our media library. The responsive design is compatible with mobile devices so you can visit us whenever and wherever you would like to do so.
New product: PureCocoa
The new product PureCocoa enables ForestFinance customers to invest in sustainably produced fine cocoa in Peru and to protect a valuable primary forest in Bocas del Toro, Panama, at the same time. The primeval forest is located in a region in Panama considered to be a biological hotspot and threatened by deforestation. Every investor receives a certificate designating her or him as an active forest conservationist.
New sales prospectuses
After the law for the protection of small investors in Germany has come into effect, the Forest Finance Service GmbH offers the first direct forest investments in Germany with sales prospectuses in accordance with the new regulations.
With the beginning of the new year, ForestFinance founder Harry Assenmacher has left the management consisting now of Christiane Pindur und Richard Focken. From now on, Assenmacher will consult the management, ensuring that the corporate philosophy and brand essence of the ForestFinance Group will be preserved.
Finest chocolate by CocoáFair
The first 15 tons of cocoa harvested by the ForestFinance Group in Panama and traded under the brand “ForestFinest” are shipped to Cape Town, where ForestFinance partner CocoáFair turns them into finest chocolate.
A new business department
For ForestFinance, sustainable tropical forestry does not end with the harvest. A completely new business department is now occupied with the distribution of harvested raw materials and half processed products. Former CEO Olaf van Meegen is responsible for developing the new business structures.
UTZ certified cocoa forests
The ForestFinance cocoa forests in Panama are now UTZ certified. UTZ certification shows consumers that products have been sourced, from farm to shop shelf, in a sustainable manner.
ForestMixer online tool
ForestFinance customers now have the possibility to mix various forest investment options by using an online tool: the newly developed ForestMixer at www.forestfinance.de/waldmixer allows you to decide how much money you want to invest in different products while receiving detailed information on your individual investment.
ForestFinance supporting WWF biodiversity survey
ForestFinance is supporting the WWF (World Wide Fund for Nature) biodiversity survey conducted in forest projects around the Orinoco River. The finca La Paz in Colombia was chosen as one of four project areas where the pilot project “Promoting biodiversity conservation on privately managed productive forest areas and pasture land” will be implemented.
In the first half of 2014, ForestFinance pays out over one million in revenue generated in the previous year to customers. The proceeds are derived from the sale of carbon credits and wood biomass.
ForestFinest – distinguished chocolate
The online portal Rank a Brand examines 36 chocolate brands in regard to their ecological and social sustainability. “ForestFinest”, the 80 per cent cocoa chocolate, takes first place.
FinalForest – Rest in Trees
With the forest cemetery FinalForest (Rest in Trees), ForestFinance offers the possibility of protecting one of Germany’s oldest forests for 99 years.
Nomination: “Großer Preis des Mittelstandes”
ForestFinance is one of nine finalists in the region nominated for the award “Großer Preis des Mittelstandes”.
ForestFinance is honoured as “eco pioneer” by the German Earth Day section and receives the innovation award from the Bonn/Rhein-Sieg Chamber of Commerce and Industry as well as the bronze medal of the federal “green office” competition of B.A.U.M. e.V. and the gold label from the eKomi customer rating.
New sales offices in France are opened.
New CEO Administration
Christiane Pindur becomes CEO Administration.
CO2OL and Gold Standard
“CO2OL Tropical Mix” is now an acknowledged Gold Standard transition project.
ForestFinance welcomes the 10,000th customer
In June, ForestFinance welcomes the 10,000th customer. After 17 years of doing business, the outcome is extremely positive in more than one regard: the company disposes of more than three million trees planted in five countries on three continents and a reforestation area of more than 16,000 hectares.
New project locations
In response to the high demand by investors, ForestFinance opens up new project locations in Peru and Colombia.
Further education programme in Vietnam
ForestFinance initiates a further education programme for forestry staff in Vietnam together with GIZ.
Welcome to the TreeShop
The TreeShop.de starts off with ecological and innovative products, including the first tablet holder produced from certified tropical wood and proof of origin.
Welcoming two additional CEOs
Due to the growth of the ForestFinance Group, two additional CEOs are appointed: Dirk Walterspacher as CEO Carbon Business and Olaf van Meegen as CEO Sales.
ForestFinance is the first forest investment provider to publish a detailed sustainability report.
Forest protection project “WildBeech”
The forest protection project “WildBeech” is initiated: ForestFinance and B.A.U.M. e.V. offer companies and individuals the opportunity to actively engage in the protection of 100 hectares untouched beech forest.
International Year of Forests
ForestFinance is an official partner of the UN campaign “International Year of Forests”.
New office in Hanoi, Vietnam
ForestFinance opens its representative office in Hanoi, Vietnam.
FSC Global Partner Award
The ForestFinance Group is the first German company worldwide to receive the FSC Global Partner Award in the “Financial Services” category.
ForestFinance launches the first product, GreenAcacia, in Vietnam. As an additional ecological benefit, GreenAcacia turns already afforested monocultures into ecologically and sustainably used mixed forests.
With the annual report 2010, ForestFinance publishes a consolidated financial report for the whole ForestFinance Group for the first time.
First pay outs
First thinnings: ForestFinance pays out first revenues to investors, exceeding the revenue forecasts from the late ’90s, when the trees were planted.
Meta standard for forest climate protection projects
The reforestation project “CO2OL Tropical Mix” is threefold certified under the standards of the FSC®, CarbonFix and CCB, becoming the first project of its kind to meet the “meta standard” recommended for forest climate protection projects by the WWF.
Planting the 1,000,000th tree
The millionth tree on behalf of German investors is planted.
Project location in Vietnam
ForestFinance initiates the first reforestation projects in Vietnam.
Sweet return: with CocoaInvest, ForestFinance introduces the first forest/ agro-forest product to the market.
CO2OL becomes a brand and a business division of the ForestFinance Group.
Taking over the forestry service provider
ForestFinance takes over the forestry service provider in Panama; the ForestFinance Group comes into existence.
Moving into a bigger office
Bye bye factory hall: ForestFinance moves into a bigger office in the centre of Bonn.
The newly introduced ForestSavingsPlan enables investors to make their dream of owning forest come true.
Forest Finance Service GmbH
The Forest Finance Service GmbH is founded and registered.
With the GiftTree, ForestFinance now offers a product which is perfectly suited as a birth or baptism gift.
With WoodStockSingle, ForestFinance introduces its first “savingstree” to the market: the predecessor of today’s GiftTree.
The TreeSavingsPlan is launched, allowing private investors with a smaller budget to sustainably invest in the ecological regrowing of raw materials.
Regular sales of 1-hectare forest investments. ForestFinance develops the product WoodStockInvest.
Reforestation in Panama
The first reforestation projects for carbon offsetting are initiated in Panama.
FSC® certified forests
All our forests are FSC® certified. As the partner company of a Panamanian forestry service provider, ForestFinance sells the first forest areas as an investment product to German customers.
The COOL company is founded – Association for the Reduction of Carbon Dioxide in the Atmosphere (Verein zur Verminderung von Kohlendioxid in der Atmosphäre e.V.).
A forest in Panama
Harry Assenmacher starts his journey with tropical reforestation by planting his own forest in Panama. The initial plans are made for the sale of forest areas as an investment.