Forest Carbon Works
Forest Carbon Works is a Chestnut Carbon subsidiary that runs a U.S. Improved Forest Management (IFM) carbon credit program, paying private landowners with 500+ acres for sustainable forest management under Verra registry and FSC certification standards.
- Company typePrivate
- Founded2022
- HeadquartersMinneapolis, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Forest Carbon Works does
Forest Carbon Works (FCW) is a Delaware Public Benefit Corporation and a wholly-owned subsidiary of Chestnut Carbon, LLC, founded in 2022 and headquartered in New York, NY (with an additional office in Edina, MN). The company develops Improved Forest Management (IFM) carbon offset projects in the United States, targeting private forest landowners who hold at least 500 acres of forested property. Its single core product is a 40-year carbon credit program under which landowners retain ownership and control of their land while receiving annual payments tied to revenue from associated carbon credit sales. FCW operates exclusively in nature-based removals — it does not issue avoidance or reduction credits — and its parent was associated with the issuance of the first U.S. IFM carbon credits carrying Verra's Removals Tag in April 2026.
FCW's underlying technology is forest inventory combined with on-site documentation, supported by a team of foresters, biometricians, GIS analysts, and carbon market specialists. The program prescribes climate-smart silvicultural practices — extended rotation lengths, single-tree and group selection, variable density thinnings, and forest-health treatments — and is anchored by Verra registry verification and FSC certification (FSC C180518) for commercial harvests. Operational tooling consists of a standalone Cruiser / Forest Technician Online Portal for contracted field technicians and a member-facing application flow on forestcarbonworks.org. A tiered Landowner Referral Incentive Program pays consulting foresters and partners $0.50–$2.00 per enrolled acre (capped at $10,000 per referred landowner).
The business model is a transaction-fee / revenue share: FCW collects revenue from carbon credit sales, retains a share, and remits the remainder to enrolled landowners annually based on the prior 12 months of actual credit sales. There are no upfront costs to landowners, free eligibility assessments and income modeling are provided, and the 40-year crediting window creates long-duration, recurring payment obligations. Go-to-market is direct sales-led, supplemented by a consulting forester referral channel and contracted forest technician documentation network. Customer base consists of small to mid-market private landowners (1,500–6,000 acre case studies such as Three Peaks Maple, Vermont at 3,000 acres), while enterprise carbon-offset demand is intermediated through the parent Chestnut Carbon, which counts BMO and TD Bank among its corporate buyers.
Forest Carbon Works firmographics
Firmographics- Name
- Forest Carbon Works
- Legal name
- Forest Carbon Works, PBC
- Website
- https://forestcarbonworks.org
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Forest Carbon Works is a Chestnut Carbon subsidiary that runs a U.S. Improved Forest Management (IFM) carbon credit program, paying private landowners with 500+ acres for sustainable forest management under Verra registry and FSC certification standards.
- Ownership category
- akta.pro rank
Forest Carbon Works industry classification
Industry- Product category
- Forest Carbon Offset Development
- NAICS
- Support Activities for Forestry (1153), Support Activities for Forestry (11531), Support Activities for Forestry (115310), Forestry and Logging (113)
- SIC
- Forestry (800), Services-Commercial Physical & Biological Research (8731)
- akta.pro primary industry
- Improved Forest Management (IFM) (EUABABAB)
- akta.pro secondary industries
- Carbon Forestry Project Development & Origination (Afforestation/Reforestation/IFM) (IMAMAJAD), Forest Carbon Projects & Ecosystem Services (Carbon Credits, Biodiversity) (IMAMAAAJ), Timberland Carbon & Natural Capital Project Development (Offsets/REDD+) (AFAMAKAH), Carbon Accounting, Verification & Registry Services (MRV, Audits, Certification) (IMAMAJAE)
Keywords
Where Forest Carbon Works is headquartered
LocationHeadquarters
- HQ city
- Minneapolis
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Forest Carbon Works business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain, Infrastructure
Revenue model
- Carbon Credit Sales Revenue Share: Payments made annually over a 40-year crediting period based on revenue collected from carbon credit sales generated by enrolled projects. Revenue-share model means landowners benefit from future growth in carbon credit prices. Payments reflect actual revenue collected from credit sales in the previous 12 months.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Annual | Revenue share for landowners |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
Forest Carbon Works product offering
Product offeringCore offering
Forest Carbon Works develops and manages Improved Forest Management (IFM) carbon offset projects on behalf of private U.S. forest landowners with 500+ acres. The company handles program design, forest inventory, monitoring, reporting, third-party verification, and the sale of carbon credits on voluntary markets, and pays enrolled landowners annual revenue-share payments over a 40-year crediting period. FCW also runs a forester/business-partner referral incentive program and supports enrolled members with FSC certification and forest management plan assistance.
Product overview
Forest Carbon Works operates a single unified product—the Improved Forest Management (IFM) Program—which is a 40-year carbon credit program for U.S. forest landowners with 500+ acres. The company, a subsidiary of Chestnut Carbon, generates revenue through nature-based carbon credit sales. Supporting offerings include a Landowner Referral Incentive Program for partners who refer new enrollees, and an internal Forest Technician Online Portal/Cruiser Portal for contracted field technicians who document enrolled forests. All services are oriented around the IFM Program core, with revenue-sharing payments to participating landowners.
Differentiator
Problem solved
Functional benefit
Products and services
- Improved Forest Management (IFM) Program A 40-year carbon credit program that enrolls private U.S. forest landowners with at least 500 acres and pays them annual revenue-share payments tied to actual carbon credit sales generated through sustainable Improved Forest Management. FCW retains responsibility for eligibility assessment, forest inventory, climate-smart silviculture practices, monitoring, reporting, third-party verification (via Verra), and credit sale, while landowners retain ownership and control of their land and harvesting decisions.
- Landowner Referral Incentive Program A referral incentive program that pays consulting foresters, business partners, family, and friends for referring new landowners into the IFM program. Rewards can be received as cash, service credits toward FCW services, or charitable donations, and are tied to the number of acres ultimately enrolled by the referred landowner.
Quantifiable outcome
- A typical managed US forest sequesters 1–3 metric tons of CO₂ per acre per year
- +2 more outcomes
Companies that use Forest Carbon Works
Customer profileNamed customers6 records
Segments1 record
Ideal customer profiles1 record
Forest Carbon Works technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Forest Carbon Works partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- Chestnut CarboncoreForest Carbon Works is a part of Chestnut Carbon, a leading developer of nature-based carbon solutions in the U.S. Chestnut Carbon provides technical and operational expertise, including staff of professional foresters, carbon market specialists, and regional forest technicians.
- VerracoreVerra is a leading voluntary carbon market registry. Forest Carbon Works' parent company Chestnut Carbon issued the first U.S. IFM carbon credits with Verra's Removals Tag, demonstrating commitment to high-quality, verified carbon removals with rigorous verification standards.
- Forest Stewardship Council (FSC)coreForest certification is required for commercial harvests. FCW supports Forest Stewardship Council Certification for most landowners, including FMP assistance and audit services. FSC Certification ensures sustainable forestry practices.
- Consensus Building Institute (CBI)minorThird-party mediator for grievances that cannot be resolved internally through amicable negotiation. CBI provides neutral mediation services for stakeholder disputes.
- JAMSminorJAMS (Judicial Arbitration and Mediation Services) administers arbitration for disputes under the Terms of Service, conducted under its Comprehensive Arbitration Rules and Procedures.
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
Forest Carbon Works competitors and assessment
Company assessmentDirect peers
- Chestnut Carbon: Parent company of Forest Carbon Works; develops nature-based carbon removal projects including IFM and afforestation across the U.S. Operates the same underlying IFM business at greater scale (nearly 70,000 acres), so it is directly comparable as a forest carbon project developer with identical methodology and registry partners.
- Bluesource: U.S. carbon project developer and offset retailer that develops forest carbon and other nature-based projects, including IFM and ARR methodologies, and sells credits to corporate buyers. Closely comparable to FCW in core developer role, voluntary registry use, and corporate offtake channel.
- Finite Carbon: One of the largest U.S. developers of forest carbon offset projects, specializing in IFM credits on private timberlands and partnering with registries like Verra. Directly comparable in customer type (private forest landowners) and product (VCS IFM credits).
- New Forests: Global sustainable forestry investment and project management firm that develops and manages forest carbon projects, including IFM/REDD+ on managed timberlands, for institutional investors and carbon markets. Comparable as a forest carbon project developer/manager with multi-decade crediting structures.
- Carbon Growth Partners: Nature-based carbon project developer focused on forestry and ARR/IFM projects, working with landowners and corporate buyers to originate and commercialize credits. Directly comparable in vertical niche (forest carbon origination, VCS methodologies) and customer base.
Emerging players
- Pachama: Technology-focused carbon marketplace that uses remote sensing and ML to verify nature-based carbon projects and connect developers with corporate buyers. Comparable as a distribution/verification layer for forest carbon credits, though FCW is a project developer whereas Pachama is a tech platform.
- Carbonbay: Carbon project development and consulting firm working on ARR and IFM projects for forest landowners and developers. Comparable in operating segment (forest carbon origination/consulting for landowners), but smaller scale and broader advisory offering.
Broad incumbents
- South Pole Group: Large global carbon project developer and advisory with a broad portfolio across forestry, ARR, renewables, and cookstoves. Comparable in the forestry/IFM portion of the portfolio and corporate offtake model, but operates much more broadly than FCW's forest-only niche.
- 3Degrees: Established carbon credit provider and renewable energy/REC specialist that distributes forestry and other nature-based credits to corporate buyers. Comparable in the forest carbon offtake channel, but a broader portfolio play versus FCW's project-developer specialization.
Others
- Verra: Leading voluntary carbon market registry whose VCS and Removals Tag frameworks underpin Forest Carbon Works' credit issuance. Comparable not as a competitor but as a critical ecosystem partner/regulator that sets integrity standards FCW's product depends on.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Forest Carbon Works social profiles
Digital presenceForest Carbon Works compliance and trust
Trust signalCompliance1 record
Forest Carbon Works financial estimates
Financial estimateRevenue estimate
Valuation estimate
Forest Carbon Works leadership team
Management profileNumber of profiles
Profiles3 records
Forest Carbon Works funding detail
Funding detailFunding overview
Funding rounds2 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Forest Carbon Works M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Forest Carbon Works
What does Forest Carbon Works do?
Forest Carbon Works develops and manages Improved Forest Management (IFM) carbon offset projects on behalf of private U.S. forest landowners with 500+ acres. The company handles program design, forest inventory, monitoring, reporting, third-party verification, and the sale of carbon credits on voluntary markets, and pays enrolled landowners annual revenue-share payments over a 40-year crediting period. FCW also runs a forester/business-partner referral incentive program and supports enrolled members with FSC certification and forest management plan assistance.
Is Forest Carbon Works a public or private company?
Forest Carbon Works is a private company. It is classified as corporate owned and is currently operating.
When was Forest Carbon Works founded?
Forest Carbon Works was founded in 2022. It employs 11 to 50 people.
Where is Forest Carbon Works based?
Forest Carbon Works is headquartered in Minneapolis, United States, in the North America region.
How does Forest Carbon Works make money?
One revenue line is on record: carbon Credit Sales Revenue Share.
Who are Forest Carbon Works's main competitors?
Direct peers on record are Chestnut Carbon, Bluesource, Finite Carbon, New Forests and Carbon Growth Partners. Emerging players are Pachama and Carbonbay. Broad incumbents are South Pole Group and 3Degrees. Verra is listed as an others.
Does Forest Carbon Works have an API?
No public API is recorded for Forest Carbon Works.
What industry is Forest Carbon Works in?
Forest Carbon Works's product category is Forest Carbon Offset Development. Its primary akta.pro industry code is EUABABAB, Improved Forest Management (IFM), with a secondary code of IMAMAJAD, Carbon Forestry Project Development & Origination (Afforestation/Reforestation/IFM). Its NAICS code is 1153 and its SIC code is 800.