Irish specialty coffee group, Coffeeangel, recently agreed a landmark deal with the Dunsany Estate in Co. Meath and Irish clean-tech company Bionua which will see it commit 5% of its profits over the next 5 years to buy biodiversity credits. This is the first time such a deal has been completed in Ireland and only the second time across Europe after Swedbank’s purchase of biodiversity credits in 2023. Ronan spoke to Karl Purdy, CEO of Coffeeangel & William Butterly, founder of Bionua.
Karl and William talk about their backgrounds, how coffeangel and Bionua started, their landmark deal with the Dunsany Estate and more.
More about the Coffeangel, Bionua and Dunsany Estate landmark deal:
The first year of this deal with Coffeeangel will represent the removal and storage of a minimum of 80,000 kgs of harmful carbon from the atmosphere at Dunsany Nature Reserve, and the direct involvement in the protection and enhancement of its unique biodiversity habitat above and below ground which include some of Ireland’s most important flora and fauna.
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