When it comes to looking at an individual project and deciding whether to take them on as one of our beneficiaries, we follow a thorough three-step due diligence process.
Does the project match our strategy?
We start by asking whether the project is in line with our overall strategy: Is it a reforestation or forest conservation project with particular emphasis on restoring degraded soil and maintaining watersheds? Does it involve the local community and empower women? Is it located within the countries we have identified as a priority?
Does it match our sustainable reforestation approach?
What type of trees are they planting and why (are they native species)? How do they take care of them until maturity? What are the survival rates of these trees? Whose land are they planted upon?
What are the project’s standards around governance, accountability and finances?
Here we want to ensure that the organization is sustainable, well-managed and has an absolutely clean track record. We look at their finances, budget, and audited accounts. We ask questions about staffing, monitoring and evaluation. We also look at the “price per tree” to understand what is included in it.
When the organization has matched our requirements, we sign a memorandum of understanding and start sending them TreeSisters contributions on a quarterly basis.