1. SAP Glossary
  2. Circular Economy
  3. World Wide Fund For Nature


What is World Wide Fund For Nature in SAP SUS-CE - Circular Economy?


SAP Term: World Wide Fund For Nature

  • Component: SUS-CE

  • Component Name: Circular Economy

  • Description: An international non-governmental organization founded in 1961 that works in the field of wilderness preservation and the reduction of human impact on the environment.


Smart SAP Assistant

  • Key Concepts: 
    The World Wide Fund for Nature (WWF) is an international non-governmental organization that works to conserve nature and reduce the most pressing threats to the diversity of life on Earth. The SUS-CE Circular Economy component of the WWF is a global initiative that works to promote sustainable consumption and production (SCP) by encouraging businesses to adopt circular economy principles. The goal of this component is to create a more sustainable and equitable global economy. 
    
    How to use it: 
    Businesses can use the SUS-CE Circular Economy component of the WWF to help them transition to a more sustainable and equitable business model. This includes adopting circular economy principles such as reducing waste, reusing materials, and recycling products. Businesses can also use the WWF’s resources to learn more about SCP and how to implement it in their operations. 
    
    Tips & Tricks: 
    When transitioning to a circular economy, businesses should focus on reducing their environmental impact by reducing waste, reusing materials, and recycling products. Additionally, businesses should strive to create a more equitable global economy by investing in local communities and creating jobs that pay living wages. 
    
    Related Information: 
    The WWF has several other components that focus on different aspects of sustainability, such as climate change, biodiversity conservation, and sustainable agriculture. Additionally, businesses can find more information about SCP and circular economy principles on the WWF’s website.
    • Do you have any question about this SAP term?


      Upgrade now to chat with this SAP term.

Related SAP Glossary Terms

Click the links below to see the following related SAP glossary terms:
Rating
ERPlingo's SAP support assistant is amazing. Saves me countless hours trying to solve complex SAP issues myself. It's a real game changer!
Rate 1
Thomas Michael
SAP Consultant, Author & Speaker