Alterra was a first mover in the agroforestry / carbon markets in Australia and successfully developed major carbon credit projects from a concept stage through to steady state and sustainable enterprises. The carbon assets were demerged to Carbon Conscious Investments Ltd on 1 January 2019.
Carbon assets demerged to Carbon Conscious Investments Ltd.
Retained a 15% shareholding in Carbon Conscious Investments Ltd.
New managing director appointed.
Launched new growth strategy
2017 - 2018
Carbon credit projects ongoing.
Purchased ‘Dambadgee-Farm’ – extensive evaluation of sites to house a System-5 Dairy.
Other projects and business opportunities in various stages of evaluation.
Exit of NZ Projects executed - NZ subsidiaries terminated.
2015 - 2016
Managing existing agri-forestry projects, that will continue to produce carbon credits until 2039 ongoing.
2013 - 2014
The first Australian Carbon Credit Units were produced and delivered to clients in 2013. In 2014 another minor carbon sink project was initiated and in response to a changing business environment work commenced to diversify the company’s interests.
2008 - 2012
Carbon Conscious planted over 18,000 ha of mallees on 30 farms in Western Australia and a 100% owned subsidiary (Carbon Conscious New Zealand Ltd) planted 800 ha of pines on 4 farms in New Zealand. Carbon credits were forward sold through to 2027.
2000 - 2007
The Alterra story essentially began in 2000 with the founding of a private company, Australian Agricultural Contracts Ltd (AACL) to develop a large scale share-farming venture. By 2008 it was achieving annual wheat, barley, and canola production of 350,000 tonnes.
In 2005 AACL company began researching opportunities to create carbon credits by planting native trees on lower productive agricultural land in the WA wheat-belt.
In 2007 Carbon Conscious Ltd was founded. The company was floated as an IPO on the ASX in May 2008, and its first commercial carbon-sink was planted.