July 6, 2022 - Circulor, the leader in supply chain traceability, has announced today its certification as a B Corporation™ (B Corp), joining a growing group of companies reinventing their businesses by pursuing purpose as well as profit.  

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The tech company has been certified by B Lab, the not-for-profit behind the B Corporation movement, for meeting rigorous social and environmental standards, which represent its commitment to goals outside of shareholder profit. The B Corp certification addresses the entirety of a business’s operations and covers five key impact areas, including Governance, Workers, Community, Environment, and Customers.  

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The certification process requires applicants to reach a benchmark score of over 80 –– Circulor scored 115.5 points out of 200, outperforming other B-Corps in the UK. 

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Through its mission, Circulor has an innate impact on its customers and the environment. Circulor provides visibility into the world’s most complex industrial supply chains, enabling organizations to prove responsible sourcing, reduce emissions, and fulfill their ESG goals. Also, in using a distributed ledger, Circulor’s technology and platform strengthen connections between supply chain participants, creating compounded, system-wide improvement in transparency and sustainability. 

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Within the company’s internal operations, Circulor scored particularly high in terms of diversity. Circulor employees come from diverse backgrounds from all over the world and are proud to have an almost 50/50 male to female ratio, with some teams having more women than men. 

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Circulor Founder and CEO Doug Johnson-Poensgen said, “we are proud to receive the B Corp certification. It encourages us in our mission to make the world’s most complex industrial supply chains more transparent, secure, and responsible. By offering a traceability solution that prevents the exploitation of people and the planet, Circulor’s mission is closely aligned with B Lab’s efforts to transform the global economy.”  

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The B Corporation welcomes a diverse and impressive range of organizations, including The Guardian, SYSTEMIQ Ltd, Patagonia, and more. Its mission is to bring together a movement of companies committed to changing how the business world operates and believe business can be a force for good.