Green TEAK-shares suit perfectly sustainability trend:
The commitment to CSR-principles and socio-ecological standards are increasingly becoming important for stake holders and share holders as well. A survey (June 2010) showed, that 40 % of the Austrian inhabitants are interested in sustainable investments. As of September 2010, approx. 2 billion Euro were invested in sustainable fonds and shares in Austria.
The "green" TEAK-shares fit sustainable demands perfectly. The shares have been traded on Vienna Stock Exchange since March 2007. The shares are also traded on the German Stock Exchanges of Frankfurt, Berlin, Stuttart and Munich. Facts on the TEAK-shares. The TEAK-share is VÖNIX-Sustainability Index member since June 2009.
Teak – a genuine sustainable investment:
It is only regions that are between 10 degrees north and south of the equator that are suitable for planting with teak. In addition, altitude (100 to 600 metres above sea level) and specific climatic conditions (a marked rain period followed by a dry period) determine the ideal location for teak plantations.
All of these conditions are warranted in Costa Rica. A major role is also played by the terrain, since teak trees need lots of moisture to grow but do not tolerate standing humidity. For this reason, the THI AG plantations are on a slope.
Teak trees are indigenous to the forests of South and South Eastern Asia (Malaysia, Indonesia, India, Myanmar, Laos and Thailand). The demand for teakwood increased within the past few decades. This is the reason why plantations are planted outside Asia – in Africa, Central America and Brazil, too. Of the total of 6 million hectares of teak plantations around the world, a majority (5.5 million hectares) are in Asia, with 0.3 million in Africa and 0.2 million in America.
Positve market surroundings for teak:
Demand, above all for industrial wood, is increasing rapidly, mainly from Asian growth markets such as India and China. In addition, the present climate-discussion on CO2, wood has become the “in” product around the world as a renewable and sutainable raw material for house construction and furniture.
At the same time, the supply of premium timber, especially teak wood, is limited, a fact that is hardly likely to change despite all reforestation measures, since most tree species require decades before they can be harvested. With spruce needing as much as 80 years, oak even 200 years. A teak log can be harvested after a rotation period of only 15 to 20 years. The wood shortage could also mean an expectation of increase in prices.