Speaking of Kohlberg, Kravis, Roberts & Co

November 4th, 2009 by Administrator

Kohlberg, Kravis, Roberts & Co (KKR) was established in the 1970’s and in those days the company’s specialty was in highly leveraged transactions. But only last year they have assembled a unique green proposal which centers not simply on optimized profit margins, but likewise on the ecological impact of the companies they purchase.

Kohlberg, Kravis, Roberts & Co’s Henry Kravis and the the Environmental Defense Fund (EDF) merged last year, hoping to make environmentally aware business processes a widely accepted idea. These companies was forged to help resolve critical environmental issues, including soil contamination, hazardous chemicals, high water consumption, and greenhouse gas emissions.

Eco-efficiency (the term was originally promoted by the World Business Council for Sustainable Development WBCSD) is the method leveraged to achieve these targets, applying green policies like fuel economy, maximum use of renewable resources and reducing the intensity of materials. Regardless of the fact that the program was an enormous success, staff just didn’t understand how incredible the effects really were until Ken Mehlman, the head of the program and global public affairs, carried out the review of the first year.

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Only at that point did Ken find out that the program wasn’t merely preserving the local environment, but it was also saving business concerns a remarkable amount of money, making the program almost an immediate hit. Currently, KKR and Ken Mehlman have well-nigh every associated organization participating in eco-efficiency techniques. When you think about the fact that the whole portfolio has a value of virtually $100 billion USD, you can see what a massive accomplishment this is.

The two organizations in association with Ken Mehlman are further expanding the initial project. For instance, KKR got together with the EDF’s Climate Corps Program that instructs students studying for an MBA how to develop and introduce financially sound, environmentally friendly practices. KKR and Ken Mehlman have taken the time to develop metrics and analytic tools which will be able to manipulate resources. Products like these permit staff see how they are progressing and discover any underlying problems. Henry Kravis, the KKR, and the Environmental Defense Fund are groundbreakers when it comes environmentally sound business development. These developments have set a high standard for companies in any industry and established that making profits need not entail the hefty price of damaging the environment.

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