Kelly Manchester

Kohlberg, Kravis, Roberts & Co (KKR) was launched by Henry Kravis and George Roberts in the 1970’s with some help from the First Chicago Corporation. Moving further, hoping to make their portfolio of companies have less of a negative ecological impact, KKR have set in motion an extraordinary green enterprise that has transformed the way business concerns and environmental activists operate.

When Henry Kravis from KKR and the New York based Environmental Defense Fund (EDF) got together in 2008 environmental matters suddenly turned into a mainstream concern. Issues like toxic emissions and unbounded water consumption are a priority in their corporate mission. To follow through with these goals, they employ a procedure termed eco-efficiency; this uses techniques such as reducing the dispersion of toxic chemicals, maximum use of renewable resources, and fuel economy. Successful though it was the businesses involved didn’t even understand the full advantages of the project until Ken Mehlman, the executive in charge of the project, assessed the project subsequent to a full year in operation. Factually knocking off everybody’s expectations, Ken found that this program not only raised environmental awareness, but also increased the the profit from all their businesses too. Just about all of the firms affiliated to KKR and Ken Mehlman today utilize eco-efficiency. And, when you consider that the group has a 2009 portfolio valued at 86,000,000,000 dollars, you may be sure that this wasn’t a simple achievement.

KKR with the EDF in association with Ken Mehlman have also extended the initial program. The Climate Corps Program founded by the Environmental Defense Fund is an example of this, it promotes eco-efficient techniques to students studying for a Master’s in Business Administration. KKR and Ken Mehlman have taken the time to create metrics that manage various resources. Programs such as these let management see how ecologically friendly they are and discover any problem areas. Henry Kravis, the KKC, and the Environmental Defense Fund have made decreasing their ecological impact simpler for companies large and small. In summary, the work of these organizations has made environmentally friendly business practice not only viable, but commercially desirable, and their revolutionary ideas are setting a new standard in the competitive business world of today.

Filed under: Uncategorized