At Forestwise, our main goal is to stop deforestation. We do this by creating, what we call, #rainforestvalue. Amongst others, this means creating monetary value from products that are sustainably collected from the rainforest. These products are collected by the people who live in remote villages that are located in the middle of the forest, close to the locations where for example illipe nuts can be collected. In an effort to make our agreement and collaboration with these villages and the illipe nut collectors more formal and to stress our common goal, to protect the forest, Forestwise has closed agreements with four villages to protect their forests. In return for this commitment, Forestwise commits to keep buying their rainforest products. The total area protected under this agreement, in these four villages, covers 26.635 hectares. Through this way, Forestwise introduced a novel way of rainforest conservation, while at the same time creates employment and economic opportunities. This is just the first step in our journey. Over the coming years, Forestwise aims to add many more villages to the list of agreements and protect many more hectares of rainforest. By 2025, we aim to have formal forest protection agreements in place for all of the 200.000 hectares where our illipe nuts are collected.
Forestwise has started a new partnership with DKSH, an innovative provider of sustainable products from rainforests, for the personal care industry in several key markets in Western Europe
Forestwise exhibits at Cosmetic Business Live in May
New partners for Forestwise in the USA. We're pleased to announce that Forestwise has signed an agreement with OnScent in New Jersey to develop our range of sustainably sourced rainforest oils, butters and sugars into the US personal care market.