UK law firm Burges Salmon has signed a carbon credit purchase deal with Oxygen Conservation, valued at up to ∼$1.3 million (£1 million).
The landmark purchase is for a volume of 8,000 premium-quality, UK-based carbon credits priced at $170 (£125) per tonne.
As explained by Burges Salmon, the decision to invest in carbon credits by Oxygen Conservation was based not solely on their carbon removal efficiency, but also on the set of additional environmental benefits introduced through the company’s operations.
Oxygen Conservation invests in land acquisition on its mission of protecting and restoring natural processes while delivering positive social and environmental results.
The deal with Burges Salmon will power Oxygen Conservation’s efforts on restoring nature in the Leighon Estate in Dartmoor, Devon, a project that it’s collaborating on with Dartmoor National Park, the Woodland Trust, and Devon Wildlife Trust.
These large-scale nature restoration and native woodland creation activities, in turn, will generate carbon credits that are registered under the UK Woodland Carbon Code and independently validated by the Soil Association.
To track the project’s progress in a transparent and reliable manner, Oxygen Conservation uses innovative drone-based monitoring systems and data-led reporting mechanisms that ensure each credit issued from these operations delivers lasting sustainability and genuine impact at each process stage.
By generating measurable environmental and social benefits, this carbon credit deal also aligns with the UN Sustainable Development Goals.
Oxygen Conservation CEO Rich Stockdale commented, “Selling our first carbon credits to Burges Salmon marks not just a milestone for Oxygen Conservation but a defining moment for natural capital markets.”
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He added, “This isn’t just a transaction—it’s proof that natural capital is no longer an emerging opportunity. It’s an investable, valuable, and scalable asset class whose time has come.”
For Burges Salmon, this deal marks an advance towards their corporate, SBTi-approved carbon removal target that surpasses a transactional relationship and instead delivers added value for communities and ecosystems.
Ross Fairley, Burges Salmon’s Senior Partner and a long-time leader in environmental and clean energy law, stated, “We’re proud to be working with Oxygen Conservation to build a model that others can learn from, replicate, and be inspired by.”
