Indicator
Circular procurement is a purchasing approach that involves acquiring goods, services and works in a way that supports the circular economy. It seeks to actively contribute to closed energy and material loops and retain the value of products and materials for as long as possible.
This indicator measures the share of tenders issued by the Port Management Body, that integrate circularity either through procurement procedure, selection criteria, technical specifications or award criteria. It reflects how purchasing supports circular goals like closed loops and value retention.
How to measure its value
Port Management Body procurement officers will ideally keep track of their efforts to include circularity into their tendering documents. If not, they can be counted retroactively.
Notes
Including circularity in procurement documents doesn’t guarantee circular outcomes. Market readiness, tendering choices, and the weight of circular criteria all influence the result.
Recommended Reads
Read all about circular procurement on our dedicated website.