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Circulor: Vendor Analysis — Traceability and digital product passport solutions overview, competitors, user considerations, analyst summary

02/03/2025 By

Adobe Stock

This Spend Matters Vendor Analysis gives an overview of Circulor, a blockchain-based traceability solution built to track materials that change physical and chemical states and cannot be tagged nor managed at batch level. Such materials include rare earth minerals, plastic, leather and palm oil.

These capabilities are critical for improving the transparency and understanding of global and distributed supply chains and complying with regulations on certain raw materials (e.g. conflict minerals) and existing and upcoming laws that hold companies responsible for the impact of their products.

Circulor has developed a platform that tracks materials from their source to the final product, allowing manufacturers to comply with such regulations and demonstrate responsible sourcing.

The company has enhanced and developed its offering to address the automotive industry's specific challenges regarding the electrification of vehicles and the required compliance with evolving battery regulations while also addressing consumer transparency needs regarding the environmental impact of products. It even enabled one customer to become the first company to have a battery passport for one of its electric cars.

Here’s why Circulor matters:

  • To the market: Circulor can track and monitor the flow of goods through supply chains, enabling companies to demonstrate responsible sourcing, prove ESG performance, support climate neutrality objectives and ensure compliance with regulations.
  • To potential buyers: Circulor’s solution can be used for upstream and downstream supply chains, creating a transparent network in which each participating member can benefit from transparency of flows and environmental impacts.
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