Circulor - Solutions/Service Company

Circulor: The Future lies in Traceability

Douglas Johnson-Poensgen, Co-Founder and CEO, CirculorDouglas Johnson-Poensgen, Co-Founder and CEO
Ever since the World Meteorological Organisation (WMO) highlighted the abnormal rise in the sea level as well as the exceptionally high land and ocean temperatures in 2018, efforts are being made to understand climate science and prevent any impending hazards. Climate change today is not limited to any specific geography but has become a global crisis. And amidst the many factors that contribute to its occurrence, the role of industrial supply chains is not to be missed out.

Douglas Johnson-Poensgen, a serial entrepreneur with a leadership experience of 25 years working in TMT, financial services IT, and management consultancy sectors, cites a report published by the World Economic Forum in February 2021, which highlights that eight supply chains account for more than 50 percent of global CO2 emissions. “In addition to the environmental damage caused, these supply chains can have significant human right implications, including forced child labour, thereby putting lives to risk,” remarks Johnson-Poensgen. He stresses that the common barrier preventing supply chain sustainability is the lack of transparency.

Evidently, these alarming statistics boil down to “getting a grip on the supply chains.” While some of the most polluting industries are starting to realise the importance of decarbonising those supply chains, there’s still a long way to address sustainability goals. A question that arises here is: how to overcome such challenges? The answer lies in materials traceability and circular economy solutions—precisely what Circulor specialises in.

The leaders in providing traceability to complex supply chains, Circulor was born to increase transparency and visibility in supply chain networks and better identify issues within them. Circulor—Latin for “to form groups”—solves pressing environmental, societal, and corporate governance (ESG) challenges by digitising the entire supply chain, from source to consumption. Since its inception in 2017, Circulor has successfully emerged as the key player in the traceability space, particularly with regard to electric vehicle (EV) battery materials. Through its fast-paced journey over the last five years, the company has witnessed several roadblocks faced by clients in their supply chains realm, such as complexity in the availability and recycling of raw materials. Johnson- Poensgen, co-founder and CEO of Circulor, mentions that raw materials, by their nature, are difficult to reliably tag as the material transforms on its journey from source to end-use/reuse by a manufacturer. Without knowing the provenance of goods or materials, it is difficult to ensure that social and environmental standards are effectively applied across complex and global commodity supply chains.

Circulor’s Traceability-as-a-Service software addresses data availability and usability issues and helps companies prove and improve their ESG performance by gaining visibility into their most critical supply chains. In essence, Circulor provides a user-friendly, secure, and scalable enterprise software solution that tracks raw materials from source to consumption and empowers manufacturers and their suppliers with valuable data insights to increase efficiency. The platform, built on a private permissioned leger makes data and insights readily available to customers, enabling them to track materials’ first and second life, embedded carbon at each production, recycling, and end-of-life stage of complex supply chains. Besides, the digitised supply chain features, the software provide assistance with regulatory compliance and resource security in the EU.


Our solution is industry agnostic. This allows us to support the breadth of supply chains and work with materials including nickel, mica, plastics, leather, and circular economy solutions such as manufacturing of automotive parts, ocean-bound plastics, and many more

Circulor’s platform blends latest technologies with its own proprietary applications, granting digital identities to people, locations, and materials. As a result, organizations can seamlessly track everything from their digital devices, and pinpoint the areas where they can reduce the carbon footprint and meet the desired United Nations sustainable development goals (UNSDGs) across materials provenance, supply chain code-of-conduct, and compliance. Furthermore, the platform grants every stakeholder with access to relevant information, while also helping them identify anomalies and fraudulent activities across the supply chain. Moreover, the Circulor platform is supported by machine learning algorithms to demonstrate responsible sourcing, verify chain of custody, and contribute to sustainability goals. This overall approach is vastly superior to current LCA approaches.

Circulor also enables businesses to prove to their consumers where the products they are buying have come from, who processed them, and how. In addition, it enables businesses to cascade obligations and monitors compliance with Codeof- Conduct requirements through the entire supply chain to help manage risk and demonstrate responsible sourcing and sustainability. In short, the Circulor platform enhances existing due diligence and audit mechanisms by assigning requirements to organisations in the wider supply chain and tracks if they are adhered to. The solution offers a dynamic and aggregated view of upstream compliance and risk exposure while ensuring confidential information remains protected. Also, in its effort to reduce CO2 emissions, the software works out a dynamic attribution to create more accurate and insightful information about the embedded CO2 footprint by aggregating the emissions at each production step through the supply chain. Moreover, the Circulor solution goes beyond first use, enabling materials and products (such as EV batteries) to be tracked through recycling and re-use.

When asked about the differentiating factor of Circulor, Johnson-Poensgen’s answer was as instantaneous as it could get. “Our solution is industry agnostic,” he informs. “This allows us to support the breadth of supply chains and work with other critical materials and circular economy solutions such as manufacturing of automotive parts, ocean-bound plastics, and many more.” In collaboration with its customers, Circulor is already tracing cobalt, mica, nickel, copper, gold, leather, and recycled plastics across 14 countries and exploring opportunities with palm oil, green steel, and cement.

Over the years, Circulor has scripted several success stories with eminent clients. Recently, Circulor partnered with Volvo Cars to work on cobalt traceability, which is used in EV batteries. A large proportion of cobalt is extracted from mines under dangerous working conditions by children, and therefore the need to find ethical sources of the mineral became imperative. Impressed with Circulor’s ongoing efforts in bringing traceability in the supply chain manufacturing space, Volvo Cars was quick to join hands with the blockchainsolution provider to ensure 100 percent traceability of cobalt.

With innovation at its core, Circulor aims to take a phased approach to achieve its vision over the next three years and accordingly expand its business across Europe, the U.S., and Asia. “We will continue to focus on materials traceability in the battery space to become the partner of choice and enable full circularity (pre- and post-consumer), while driving the delivery and use of battery passports,” concludes Johnson-Poensgen.

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Top 10 SCM Solution Companies In UK -2021
Circulor

Company
Circulor

Headquarters
HQ London, England

Management
Douglas Johnson-Poensgen, Co-Founder and CEO

Description
Circulor are leaders in ESG traceability, who provide a managed software solution that customers use to track the raw materials used within their manufacturing and recycling supply chains in order to prove responsible sourcing and improve sustainability. Circulor was born to increase transparency and visibility in supply chain networks and better identify issues within them. Circulor—Latin for “to form groups”—solves pressing environmental, societal, and corporate governance global (ESG) challenges by digitising the entire supply chain, from source to consumption. Since its inception in 2017, Circulor has successfully emerged as the key player in the traceability space, particularly with regard to electric vehicle (EV) battery materials