Forest Carbon
Forest Carbon is an Indonesia-based Natural Asset Company that develops forest restoration and conservation projects and sells verified carbon credits to enterprise buyers (L'Oréal, Microsoft, Nestlé, AXA) and impact investors across Southeast Asia.
- Company typePrivate
- Founded2010
- HeadquartersJakarta, Indonesia
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Forest Carbon does
Forest Carbon is an Indonesia-based Natural Asset Company that develops, manages, and verifies forest restoration and conservation projects to generate and sell high-quality, nature-based carbon credits. The company operates two named projects — the Sumatra Merang Peatland Project (South Sumatra) and the Kepayang Community Forest Project — together protecting 437,000 hectares of forest and marine ecosystem and supporting 22,000+ local community members, with a publicly stated goal of reaching 1 million hectares. The company's core technology stack combines IoT-based ecosystem monitoring with a proprietary soundscapes platform that captures species-specific audio frequencies (e.g., Sumatran Tiger at 176 Hz, Agile Gibbon at 2,576 Hz) for biodiversity verification, alongside machine learning applied to feasibility assessment, project design, and impact verification per its stated capabilities.
Forest Carbon monetises environmental assets through a transaction-fee revenue model, selling verified carbon credits to a roster of 15+ enterprise credit buyers including L'Oréal, Microsoft, Nestlé, Chanel, AXA, EY, Singapore Airlines, and Heathrow, and securing impact investment capital from institutional partners. It has issued more than 4 million carbon credits cumulatively and reports 100+ trigger species returned to protected habitat. The company pursues a premium, high-additionality positioning targeting corporate net-zero and ESG commitments rather than competing on volume.
The company was founded around 2010 and is headquartered in Jakarta, Indonesia, with a headcount of 11-50 employees. It has been backed by AXA IM Alts' Impact Investing Strategy since 2016 and received investment from Indonesian listed company PT Saratoga Investama Sedaya Tbk in 2022 to support expansion across Southeast Asia. Distribution is direct-to-enterprise via a field sales motion and dedicated credit-buyer and investor portals on its corporate website, supported by content marketing through soundscapes multimedia and social channels.
Forest Carbon firmographics
Firmographics- Name
- Forest Carbon
- Legal name
- Forest Carbon
- Website
- https://forestcarbon.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Forest Carbon is an Indonesia-based Natural Asset Company that develops forest restoration and conservation projects and sells verified carbon credits to enterprise buyers (L'Oréal, Microsoft, Nestlé, AXA) and impact investors across Southeast Asia.
- Ownership category
- akta.pro rank
Forest Carbon industry classification
Industry- Product category
- Carbon Credit Services
- NAICS
- Support Activities for Forestry (1153)
- SIC
- Forestry (800), Services-Commercial Physical & Biological Research (8731)
- akta.pro primary industry
- Forest Carbon Projects & Ecosystem Services (Carbon Credits, Biodiversity) (IMAMAAAJ)
- akta.pro secondary industries
- Carbon Forestry Project Development & Origination (Afforestation/Reforestation/IFM) (IMAMAJAD), Carbon Sequestration & Forest Carbon Credits (AFAMAMAA), Project-Originated Carbon Credit Marketing & Offtake (Primary Market) (EUAGAIAC), Carbon Accounting, Verification & Registry Services (MRV, Audits, Certification) (IMAMAJAE)
Keywords
Where Forest Carbon is headquartered
LocationHeadquarters
- HQ city
- Jakarta
- HQ country
- Indonesia
- HQ region
- Asia
Markets served
Forest Carbon business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Supply Chain
Revenue model
- Carbon Credit Sales: Forest Carbon generates revenue by issuing and selling high-quality carbon credits from its forest restoration and conservation projects in Indonesia. Credits are sold to corporate buyers seeking to offset their carbon emissions and meet sustainability commitments.
- Natural Asset Monetisation: As a Natural Asset Company, Forest Carbon monetises environmental assets by bringing nature's value to market through credibly verified carbon credits. The company generates revenue from protecting and restoring critical ecosystems.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Forest Carbon product offering
Product offeringCore offering
Forest Carbon operates as a Natural Asset Company that develops, manages, and monetizes forest restoration and conservation projects in Indonesia (including the Sumatra Merang Peatland Project and Kepayang Community Forest Project). The company generates and sells verified, high-additionality carbon credits to enterprise credit buyers and offers nature-based investment opportunities to impact investors, using IoT sensors, proprietary Soundscapes technology, and machine learning for feasibility assessment, ecosystem monitoring, biodiversity tracking, and impact verification.
Product overview
Forest Carbon operates as a Natural Asset Company that brings nature's value to market through high-quality carbon credits. The company manages a portfolio of conservation and restoration projects, including the Sumatra Merang Peatland Project and the Kepayang Community Forest Project. These projects generate verified carbon credits while protecting critical ecosystems, supporting biodiversity, and benefiting local communities. The company has issued over 4 million carbon credits and protects 437,000 hectares of forest and marine ecosystems.
Differentiator
Problem solved
Functional benefit
Products and services
- Sumatra Merang Peatland Project A forest restoration and conservation project located in South Sumatra, Indonesia, focused on peatland restoration and ecosystem protection. The project has generated over 4 million carbon credits and protects critical biodiversity habitat.
- Kepayang Community Forest Project A community-based forest project focused on sustainable forest management that benefits local communities while protecting ecosystems and generating carbon credits.
Quantifiable outcome
- 4M+ carbon credits issued
- +4 more outcomes
Companies that use Forest Carbon
Customer profileNamed customers15 records
Segments2 records
Ideal customer profiles2 records
Forest Carbon technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Forest Carbon partnerships and signals
Strategic signalScale indicators6 records
Recent moves6 records
Expansion highlights5 records
Forest Carbon competitors and assessment
Company assessmentDirect peers
- South Pole Group: Global voluntary carbon market developer with a strong nature-based portfolio, selling credits and nature-based solutions to enterprise buyers. Most directly comparable to Forest Carbon by business model (project development + enterprise sales of nature-based credits) and customer segment, though at substantially larger scale.
- Wildlife Works: Developer of REDD+ forest carbon projects in Kenya and Southeast Asia (including Indonesia/Cambodia), selling verified nature-based credits to corporate buyers. Closely comparable operating model and tropical forest asset class.
- TerraCarbon: Specialist forest carbon project developer and advisor focused on REDD+, IFM, and ARR forestry methodologies across the tropics. Directly comparable in project origination focus and forest carbon specialization.
- Climate Impact X: Singapore-based carbon exchange and project incubator specializing in high-quality nature-based credits across Asia. Comparable in regional focus (Southeast Asia) and product category (premium nature-based credits for corporate buyers).
Emerging players
- Pachama: Technology-enabled nature-based carbon credit marketplace and project financier, focused on forestry and nature-based solutions with remote sensing/ML verification. Comparable in customer segment (enterprise ESG buyers) and product category (forest carbon), but more marketplace/tech-led than asset-owning.
- Sylvera: Provider of ratings, analytics, and MRV tooling for nature-based carbon projects, including forestry. Comparable as an adjacent ecosystem player serving the same enterprise credit buyers and shaping credit quality perception, though not a direct competitor in project ownership.
- Klima: Carbon marketplace and project financing platform for nature-based and avoidance credits, targeting enterprise buyers. Comparable in product category and customer segment, though more marketplace-led and Europe-centric than Forest Carbon's on-the-ground project development model.
Regional players
- Rimba Raya Biodiversity Reserve Project: Indonesian REDD+ peatland forest carbon project in Borneo (PT Rimba Raya Conservation) — directly comparable in geography (Indonesian peatland), asset class (REDD+), and buyer segment, though project-level rather than a multi-project developer.
- PT. Rimba Makmur Utama (Katingan Mentaya Project): Indonesian peatland forest carbon project in Kalimantan selling REDD+ credits to global enterprise buyers. Closely comparable geography (Indonesian peatland), asset class (REDD+/IFM), and buyer roster, though project-level rather than multi-project developer.
Others
- Verra: Operator of the VCS Program and other carbon credit standards/registries (including for forestry/REDD+). Not a direct competitor but an ecosystem enabler — the integrity of Verra's standards directly determines Forest Carbon's credit marketability.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Forest Carbon social profiles
Digital presenceForest Carbon financial estimates
Financial estimateRevenue estimate
Valuation estimate
Forest Carbon leadership team
Management profileNumber of profiles
Forest Carbon funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Forest Carbon 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
What does Forest Carbon do?
Forest Carbon operates as a Natural Asset Company that develops, manages, and monetizes forest restoration and conservation projects in Indonesia (including the Sumatra Merang Peatland Project and Kepayang Community Forest Project). The company generates and sells verified, high-additionality carbon credits to enterprise credit buyers and offers nature-based investment opportunities to impact investors, using IoT sensors, proprietary Soundscapes technology, and machine learning for feasibility assessment, ecosystem monitoring, biodiversity tracking, and impact verification.
Is Forest Carbon a public or private company?
Forest Carbon is a private company. It is classified as venture growth investor backed and is currently operating.
When was Forest Carbon founded?
Forest Carbon was founded in 2010. It employs 11 to 50 people.
Where is Forest Carbon based?
Forest Carbon is headquartered in Jakarta, Indonesia, in the Asia region.
How does Forest Carbon make money?
Two revenue lines are on record. Carbon Credit Sales are the primary driver. The others are natural Asset Monetisation.
Who are Forest Carbon's main competitors?
Direct peers on record are South Pole Group, Wildlife Works, TerraCarbon and Climate Impact X. Emerging players are Pachama, Sylvera and Klima. Regional players are Rimba Raya Biodiversity Reserve Project and PT. Rimba Makmur Utama (Katingan Mentaya Project). Verra is listed as an others.
Does Forest Carbon have an API?
No public API is recorded for Forest Carbon.
What industry is Forest Carbon in?
Forest Carbon's product category is Carbon Credit Services. Its primary akta.pro industry code is IMAMAAAJ, Forest Carbon Projects & Ecosystem Services (Carbon Credits, Biodiversity), 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.