HAHDhAHSDHAHS

HG Ventures Backs Circulor to Advance Responsible Supply Chains Globally

HG Ventures Backs Circulor to Advance Responsible Supply Chains Globally

INDIANAPOLIS, IN – June 28, 2022 –

HG Ventures, the corporate venture arm of The Heritage Group, today announced its participation in a $25 million Series B raise for Circulor, the only proven technology solution that tracks materials, emissions, and compliance within manufacturing and recycling supply chains. Circulor’s suite of technologies gives users data-driven insights into their business to enable responsible sourcing. Through blockchain and AI software as a service (SaaS) technology, Circulor’s platform advances traceability, transparency, and risk management solutions.

“Circulor is helping companies track emissions and prove the sources of their raw materials, which enables decarbonization and mitigates supply chain risks,” said John Glushik, Managing Director at HG Ventures. “HG Ventures is excited to support Circulor’s team in their mission to develop complete industrial supply chain traceability and resiliency.”

Manufacturers in the automotive, extractive, recycling, and construction industries are looking for solutions to track the sources of their materials and decarbonize their operations. Leaders in these industries are seeking a supply chain that is traceable, ethical, and sustainable. Circulor enables them to be transparent about the source of their raw materials, increase the use of recycled plastic, reduce the flow of plastics into oceans, cut greenhouse gas emissions, and decarbonize their materials.

“We’re thrilled to partner with HG Ventures to advance secure and responsible supply chains,” said Douglas Johnson-Poensgen, Circulor CEO. “Digital transparency allows companies to track their material use and be more ethical and informed, and we’re proud to be working with such an experienced partner as we grow.”

HG Ventures invests in growing businesses that are disrupting traditional industries—be it through new processes, technology or materials. The team excels in partnering with visionary entrepreneurs to achieve dramatic business growth. HG Ventures is the corporate venture arm of The Heritage Group, which has more than 5,000 employees and 30 operating companies worldwide and is committed to a sustainable world.

 

HAHDhAHSDHAHS

Building a Safer World

For each of our more than 30 businesses, safety is a top priority. Because we tackle the big problems, we need processes that ensure the safety of our people and our environment. These are just two of the safety stories that happen at our locations every day, one close to home and one across the ocean.

Kallo’s Safety Milestone

from left: Manu, Gretel and Monument CEO Paul Raymond celebrate the milestone on site.

On Thursday, March 17, 2022, Monument Chemical’s Kallo, Belgium, team hit 1000 days without a major safety incident or lost time injury. And with 130 employees and 70 contractors working on site at any given time, the focus on safety has a large net to cast.

“Safety is all about behavior, and repetition is how you change behavior,” Manu Gyselinck, Kallo site manager, explained. “So here at Kallo, the conversation never stops. We’re constantly reiterating the importance of reporting incidents, no matter how small. These ongoing discussions are designed to make people feel more comfortable speaking up. We want our team to understand that when you make something visible to everyone, it can become an opportunity to learn and improve.”

While it’s important that these efforts start from the top, teamwork is the only way they can actually be executed.

“When you’re talking about safety, you’re never alone,” Manu added. “We focus on tiered accountability. As a site manager, I have to push and pull these efforts forward through my own actions. But I always expect everyone on site to keep safety top of mind and motivate one another to share this mindset. Our teams know the impact these efforts have on themselves, their colleagues, and their families, so in this way, they become stakeholders in the process.”

Much of this success is due to the implementation of the “STOP Principle” that encourages putting safety first before production.

“If something is not going in the right direction, we have to stop and evaluate,” Manu shared. “Everyone has the right to raise their hand and stop the process to help keep things on track. In the end, it’s about taking care of the customer, our colleagues and the livelihood of the plant. And with a stronger plant, lower costs will follow.”

“With all the challenges on our plates each day, it’s easy to slip into a reactive mindset,” Adam Pingel, VP of operations, explained. “But that only makes it tougher to get in front of issues. Constantly reevaluating what we’re doing and how we can do it better can help us resolve issues more effectively and efficiently – and hopefully prevent them from ever happening in the first place.”

A week after the team reached the milestone, the site hosted a food truck serving a delicious lunch of hamburgers and french fries to everyone in the main office. It was a small way to show appreciation for the great effort from everyone on the team, and a reminder that safety isn’t just about hard work—when achieved together, it can also be fun.

“When we win in safety, there are great opportunities to celebrate,” Adam added. “And there are opportunities to do that every single day. Our milestone celebrations are great, but our real wins happen every day thanks to every single person on this team.”

Flying the Black Flag at AMI

Hands-on confined space training at AMI’s Eau Claire, Wisconsin, location.

Stop-work authority is a policy that permits any employee to halt a job when they recognize a potentially hazardous or dangerous situation. At AMI, stop-work authority is called the Black Flag Safety Initiative — and it’s vital to maintaining a safe and empowering workplace culture.

If at any time an employee feels uncomfortable about a situation or task, they can stop and call “black flag.” This initiates a timeout that allows others to assess the potential for risk and put together a plan to address it, even if the risk seems small.

“Black flags can be as simple as an employee recognizing they need a different tool for a job or checking with a teammate if they’re getting too hot and need a break,” said Crystal Hudak, Regional Safety Director at AMI. “Many black flags are simply employees working hard, recognizing something isn’t right, and removing or mitigating the hazard as part of their everyday work.”

Crystal on the job in St. Elmo, Illinois.

A recent example of the black flag safety initiative comes from AMI’s Utica, Illinois, location. “An employee noticed that the amount of hot material a driver requested to load would put the total amount very close to the trailer’s maximum gallons,” Crystal said. “If there was an error in loading hot material, the trailer could have overflowed or material could have leaked out of the vent while the trailer was traveling down the road.” Recognizing the risk, the employee called black flag.

Ultimately, the driver and employee agreed to load less material, avoiding the potential for a leak. “This is a fantastic example of an employee noticing a potential safety or environmental issue and taking steps to address the hazard,” Crystal said.

Throwing the black flag – notifying your immediate supervisor of a hazard or concern – is everyone’s responsibility. Each employee is empowered with the same authority to stop work, meaning even AMI’s newest hires have the ability to ensure safety if an issue arises. “All employees are empowered to call a black flag, regardless of how many years they have on the job site,” Crystal said. “All of us can notice a hazard that someone else misses.”

HAHDhAHSDHAHS

Talking Talent: Intern to Employee

Cole Radel had never heard of The Heritage Group when he applied for an internship with THG in fall of 2020, but after a few weeks into his role as the group’s Learning Management System (LMS) intern, he knew he’d found a place to call home. Cole said he’s always felt like a valued part the Heritage team — as an intern, as an employee and as a member of the LGBTQ+ community.

Cole at his May 2021 graduation from IU-Kokomo

During his 9-month internship, Cole served as a main point of contact for anything related to Lessonly, the group’s LMS, uploading lessons and running reports for HR partners and managers. He was also pulled into other human resources projects, making connections across the HR team. Cole reported to Kaitlin Odom, an HR Shared Services project manager who recognized his talent and gave him meaningful projects. “I never felt like an intern,” Cole said. “Kaitlin and the rest of the HR team just treated me like a valued employee from the start.”

By May 2021, Cole had finished his bachelor’s degree at IU-Kokomo. The internship experiences on his resume helped him decide that he wanted a career in HR, so when he told Kaitlin and others from the HR team that he had ideas for improving the employee experience, they were all ears. “I told them that I wanted to be in front of people, interviewing, playing ‘hostess with the mostest’ for the company,” he said, “and I felt like they were on my team, encouraging me.”

So Heritage decided to bet on Cole. Because people were impressed with the work he’d done on the corporate orientation program, they found a position on the Talent Acquisition team that matched his interests. “Lisa Minter [Talent Acquisition Partner for THG] and I are two peas in a pod,” Cole said of his manager upon joining the Corporate HR and Talent Acquisition team. “Our personalities are so alike — so we have a lot of fun working together!”

People at THG have been warm and welcoming, but that’s not been the case in Cole’s previous workplace. Because of some uncomfortable experiences, he knew what he was looking for in an employer: one who would welcome him to be his authentic self at work, where he could talk about his personal life when everyone else was talking about theirs.

Cole (first row, right) with members of the summer 2021 intern cohort

“When I joined The Heritage Group as an intern, I took a risk,” Cole said. “It was a test, really, sharing with Kaitlin that I had a boyfriend during my first week. And Heritage passed that test with flying colors.

“To be authentic in the workplace, compared to previously experiencing discomfort elsewhere, leaves me feeling free: free to be happy, free to be vulnerable, free to bring my best and entire self to work. Ultimately, being authentic at work leads to the best experience for me and those around me. I cannot thank Heritage enough for providing this inclusive culture.”

Being his best and authentic self, Cole recently earned a promotion to Talent Acquisition Specialist, with plans to earn his SHRM certification. And because he wanted the full-circle experience, Cole is now mentoring a group of THG’s summer interns.

THG’s internship program is proving to be an invaluable part of our talent pipeline, introducing talented young people to our business and giving them a chance to experience our culture first-hand.