Foresight Sustainable Forestry Company Plc has a mission, plant lots of trees.
Nothing new in that, however as its co-lead fund manager, Richard Kelly told me, timber afforestation – creating woods on disused land isn’t just good for the planet but also for generating profits.
They have acquired 50 sites across the country, mainly low value land and are converting the sites to become timber forests which give great yields within a few years.
Their aim is to create a carbon market in time, based on natural capital – trees, that not only absorb carbon but provides a good renewable business model.
Listen now and let me know what you think of the idea.
Foresight Group LLP, a firm authorised and regulated by the Financial Conduct Authority (FRN 198020) acts as the Alternative Investment Fund Manager to Foresight Sustainability Forestry.