What this indicator counts
A circular (business) activity is defined here as an initiative that passed the minimum efficient scale or pilot phase, moving to a greater maturity level.
Relation to a (sample) matching strategic goal
- “Develop a low-barrier investment policy to attract circular activities” (Port of Antwerp, Business Plan 2018-2020)
- “By 2025, have at least 10 circular business activities with innovative technologies or processes which are complementary tot the ‘spearhead’ clusters” (North Sea Port, Connect 2025 – Strategic Plan 2021-2025)
How data are collected and managed
Port Mangement Bodies (PMBs) are not always aware or alert to the number and nature of circular (business) activities in the port area. To feed (start and update) the indicator, the PMB can organize periodic surveys (whether or not as part of a larger survey) and/or arrange a notification with the port community in the port area.
Current limitations
The indicator does not consider the size and quality of the circular (business) activities, nor the R-level of circularity the activities relates to.
The count is restricted to the port area, a legally defined territory which is under the management of the Port Management Body (PMB). For example, the boundaries of the Flemish ports are determined by a decision of the Flemish Government.