Made Moon Blog

Kohlberg, Kravis, Roberts & Co (KKR) was set up in the seventies and orginally the company’s specialization was in leveraged buyouts. Pushing on, aiming to make the businesses in their portfolio have less environmental impact, KKR have established an exceptional green project which has dramatically changed the method by which business concerns and environmental agencies work. Kohlberg, Kravis, Roberts & Co’s Henry Kravis and the New York based Environmental Defense Fund (EDF) merged last year, with the mission of making green business practices a mainstream concept. The coalition wanted to tackle crucial issues affecting the environment, for example toxic emissions, toxic waste, intemperate consumption of water resources, and hazardous chemicals.

Eco-efficiency (a term originally advocated by the WBCSD) fashions the framework for their mission, using techniques like using clean energy, maximum use of renewable resources and optimizing data centers for efficiency. Simple and effective, but the management did not grasp the full benefits of the project until the head of the program and global public affairs, Ken Mehlman, studied the program when it had been functioning for a year.

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Only then did Ken Mehlman observe that eco-efficiency was not just protecting the local environment, but in addition it was helping to save businesses a great deal of money, and so the project turned into almost an instant hit. To date, Kohlberg, Kravis, Roberts & Co and Ken Mehlman have succeeded in getting well-nigh all of their firms engaged in eco-efficiency principles. If you consider that this portfolio of companies has a value of 86,000,000,000 dollars, you can be certain this wasn’t a simple achievement.

The Green Portfolio project has evolved beyond its initial remit and currently includes new and innovative enterprises. For instance, Kohlberg, Kravis, Roberts & Co linked up with the Environmental Defense Fund’s Climate Corps Program a venture which instructs students taking a Master’s in Business Administration how to encourage cost-efficient, environmentally friendly techniques.

Lately, Ken Mehlman has been working closely with KKR to develop a series of products that firms can utilize to quantify and manage resources. This type of data is crucial as any business may easily evaluate all of their day to day activities and ascertain precisely how any problems may be solved while at the same time tracking their progress. The business community has been totally revolutionized by the ground breaking work of Henry Kravis, the KKC, and the Environmental Defense Fund. So, in conclusion, the work of these organizations has made green business practice not only viable, but commercially desirable, and their revolutionary ideas are setting a new standard in today’s community.