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Starbucks SBUX has started to trial recyclable alternatives to the disposable cups. But the used coffee is often overlooked. UK startup Bio-bean thinks it has found a way to turn that waste into a valuable resource. The world drinks around 2 billion cups of coffee a day, producing 6 million tons of used grounds every year, according to a study.
When they go to landfill, the decomposing grounds release greenhouse gases into the atmosphere, contributing to global warming. Bio-bean, however, is turning 7, tons of those grounds a year into biofuels. In , it developed a coffee-based biofuel to be used in London's diesel buses , but it wasn't commercially viable, so the company has shifted its focus to solid fuels for household and industrial use.
Bio-bean's process begins with decontaminating coffee grounds. Read More. We've recycled over 20, tons in our lifetime. Bio-bean has been impacted by the Covid crisis, but its operations are continuing. Although coffee outlets in the United Kingdom have temporarily closed because of coronavirus restrictions, Bio-bean says it has still been able to get grounds from various recycling partners, but at lower volumes than usual. At the company's plant in Cambridgeshire, used coffee grounds are decontaminated to remove paper cups or plastic bags, and then passed through a dryer and a further screening process.
They are finally processed into products such as biomass pellets and home fire logs. The company also produces a natural flavor extract from coffee grounds through a separate process. The pellets can be used to power industrial boilers, heat commercial greenhouses or to dry cereal crops, while the coffee logs can be used in log-burning stoves.
Jenny Jones, a professor in sustainable energy at the University of Leeds, says recycled coffee grounds have potential as a fuel, but adds that the overall carbon saving needs to be evaluated and compared with alternatives for dealing with coffee ground waste, such as incineration, or turning it into mulch for plants. Jones also says that coffee grounds, like most biomass residues, are higher in sulfur and nitrogen than most woods, which emit harmful gases such as sulfur dioxide and nitrogen oxides when burned.
Bio-bean notes that its commercial biomass pellets are certified by the UK's Sustainable Fuel Register , while the coffee logs have "lower particulate emissions than most wood logs. Click into a Impact Area to see topics covered in each. Topics in blue are Impact Business Models associated with that Impact Area where the company has earned additional credit.
Due to rounding, displayed totals may not add up exactly. The B Impact Assessment is customized to a company's size, sector, and geographic market. However, within those parameters, there are still questions included in the B Impact Assessment that might not be relevant to a particular company. Each year, B Lab releases lists honoring the top-performing Certified B Corps in each Impact Area and overall, broken down by size, on the annual Best for the World lists.
Public companies and wholly-owned subsidiaries are required to make their full B Impact Assessments transparent to achieve B Corp Certification. Skip to main content. B Impact Report. Certified Since: October, Location: Huntingdon, Cambridgeshire, United Kingdom. Sector: Manufacturing. Governance Workers Financial Security Career Development 1. Community Economic Impact 1.
We look forward to seeing the fruits of the team's labours as they build scale and diversify their product portfolio. The Gresham House investment team remains on the look-out for new opportunities to put capital to work in the clean technology space, seeking to help the UK's transition to a low-carbon economy. Last year in December , the VCTs paid a dividend of 6 pence, bringing the total dividend payments, to shareholders who invested at launch, to 45 pence.
Gresham House plc is an AIM quoted specialist alternative asset manager providing funds, direct investments and tailored investment solutions, including co-investment, across a range of highly differentiated alternative investment strategies. Expertise includes strategic public and private equity private assets , forestry, new energy, housing and infrastructure. Gresham House aims to deliver sustainable financial returns and is committed to building long-term partnerships with clients, institutions, family offices, high-net-worth individuals, charities and endowments and private individuals to help them achieve their financial goals.
Topics in blue are Impact Business Models associated with that Impact Area where the company has earned additional credit. Due to rounding, displayed totals may not add up exactly. The B Impact Assessment is customized to a company's size, sector, and geographic market.
However, within those parameters, there are still questions included in the B Impact Assessment that might not be relevant to a particular company. Each year, B Lab releases lists honoring the top-performing Certified B Corps in each Impact Area and overall, broken down by size, on the annual Best for the World lists.
Public companies and wholly-owned subsidiaries are required to make their full B Impact Assessments transparent to achieve B Corp Certification. Skip to main content. B Impact Report. Certified Since: October, Location: Huntingdon, Cambridgeshire, United Kingdom. Sector: Manufacturing. Governance Workers Financial Security Career Development 1.
Community Economic Impact 1. Supply Chain Management 5.
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