Governance
In keeping with our commitment to establish a preeminent Centre of Excellence for teak, we collaborate with experienced third-party partners in Europe and Colombia who share our values and boast strong industry track records. Our governance framework is tactically developed to deploy strict third-party checks and balances across all financial and technical operations.
Due Diligence
Legal (land acquisition)
Due to Colombia’s complex political history, securing land titles carries inherent risk. Scellec Teca works exclusively with top-tier local legal advisors to protect investors from title-associated risks and guarantee a secure, consistent pipeline of teak farmland. Every acquisition includes a comprehensive legal report confirming immaculate land titles.
Environmental
We deploy independent environmental consultants for every project. They conduct exhaustive flora and fauna assessments to minimize our footprint, identify protected species, and implement strict safeguard plans before a farm is acquired. This ensures full compliance with local laws and international best practice standards.
Technical
We analyse critical environmental variables such as soil quality, rainfall, temperature, and geographic risk. Showcasing our commitment to excellence, we perform systematic soil sampling every 150m. We are the only teak investment company to conduct in-depth profiling of soil layers every 45 hectares by digging 1m x 1m soil pits, as mandated by the Scellec Teca Technical Procedures Manual.
Community
We conduct structured assessments of local communities to identify risks, labour availability, and specific local needs, culminating in a clear recommendation to proceed or not. This allows us to build focused support plans from day one, addressing employment, conflict resolution mechanisms, and open communication channels between Scellec Teca and the community.
Financial
Scellec Teca utilises a comprehensive financial model to analyse the viability of every plantation prior to purchase. Each project must demonstrate that a minimum target IRR is achievable, even under relatively conservative assumptions.