Deloitte, Circulor Partner on Supply Chain Traceability Software Solution

Global professional services firm Deloitte and Circulor are partnering to give industrial customers deeper visibility and traceability into their supply chains.

Circulor, founded in 2017, is based in London, England. Additional locations include the United States, Germany, Ireland, Singapore and Australia. The company had 73 employees listed on LinkedIn as of March 2023.  

Circulor's Supply Chain Software, Early Adopters and Funding

Circulor's software platform "allows the tracing of raw materials as they change state through their entire life cycle from cradle to cradle," the company said. Circulor also "calculates inherited scope 3 emissions from granular primary data collected along the entire value chain," the company added.

Circulor's software also helps customers to comply with the EU Sustainable Batteries Regulation, which may go into effect on June , 2023. "Complying with the new regulation requires robust, efficient data collection across your entire supply chain and providing a battery passport to EU regulators," Circulor asserts. 

Circulor's early customers include Volvo Cars, Polestar, BHP, TotalEnergies Jaguar Land Rover, Southwire, Trafigura, Blackstone Minerals, Urbix and Element 25, the startup company has previously disclosed.

Circulor raised $25 million in Series B funding in June 2022. Key investors include The Westly Group, HG Ventures of The Heritage Group, Volvo Cars Technology Fund, SYSTEMIQ Capital, Jaguar Land Rover’s InMotion Ventures, Future Positive Capital, BHP Ventures, Salesforce Ventures, 24Haymarket.

The Circulor-Deloitte Alliance: Executive Perspectives

Deloitte will help customers to deploy and scale Circulor's software as part of regulatory compliance and decarbonization projects. The professional services and IT consulting firm did not say how many employees will focus on the Circulor relationship and associated customer deployments.

In a prepared statement about the alliance, Deloitte Partner David Rakowski (pictured at top of page) said: “Clients are facing unprecedented challenges in balancing changing consumer demands and regulations. Combining Circulor’s innovative solution with Deloitte’s leading technology implementation and transformation capabilities will help them to overcome these challenges. We want to allow organizations to address their supply chain challenges and create business opportunities by understanding more about the life cycle of products.”

Added Douglas Johnson-Poensgen, CEO of Circulor: “Supply chain transparency is a business imperative today. Businesses that tap the combined strengths of Circulor and Deloitte will be able to accelerate and scale their efforts in responsible and sustainable sourcing and also develop the data backbone necessary to unlock circular economy business models.” 

Deloitte Sustainability: Professional Services and Cloud Software Strategy

Deloitte is busy on multiple sustainability fronts. The company in recent months has:

• Launched the GreenLight Solution by Deloitte -- a SaaS-based application that assists enterprise customers with their decarbonization journeys.
• Unveiled GreenSpace Tech, an initiative spearheaded by entrepreneurs and climate specialists to scale climate technology solutions, the company said.
• Joined the AT&T Connected Climate Initiative (CCI), which promotes connectivity-based solutions in a bid to “reduce greenhouse emissions by 1 gigaton by 2035,” the companies said.
• Added a “sustainable delivery” clause – known as Clause Zero – in customer engagement letters and contracts starting in 2023, the global IT consulting firm said.