Content Officer

Kohlberg, Kravis, Roberts & Co (KKR) was launched by Henry Kravis and George Roberts in the 70’s with the assistance of the First Chicago Corporation. However, in a drive to make the businesses they buy more ecologically aware, they have rolled out an extraordinary project which has changed the method by which business concerns and environmental groups work forever.

When Henry Kravis from KKR and the non-profit Environmental Defense Fund (EDF) joined forces just a year ago green issues suddenly became a mainstream topic. They was forged to tackle challenging green issues, that include soil contamination, air pollution, lavish consumption of water resources, and deforestation.

In order to attain these goals, they deploy eco-efficiency which uses techniques like reducing the dispersion of toxic chemicals, maximum use of renewable resources, and fuel economy. Although the project was an enormous success, managment simply did not recognize how far reaching the consequences truly were until Ken Mehlman, the person responsible for the program, examined the first year’s figures. Much to everyone’s surprise, Ken learned that eco-efficiency not only helped in preserving the local environment, but also increased the profitability of all their companies besides. Nearly all of the business organizations held by KKR and Ken Mehlman now take part in the Green Portfolio Project. When you look at the fact that the entire portfolio is worth 86 billion USD, you can imagine what a feat this really is.

These two groups along with Ken Mehlman are developing the initial program. The Climate Corps Program administrated by the EDF is just one of these, it raises awareness of eco-efficient business techniques to students studying for a Master’s in Business Administration.

More recently, Ken Mehlman has worked closely with Kohlberg, Kravis, Roberts & Co to develop analytical tools and other relevant systems that companies can employ to quantify a wide range of resources. This type of information is invaluable as any type of business may without very much effort assess their day to day activities and find out how they can resolve any issues while simultaneously allowing staff to determine their impact on the planet.

Henry Kravis, the KKC, and the Environmental Defense Fund have encouraged all sorts of businesses to decrease their environmental impact. These developments have set a high standard for organizations in every sector and proved to the world that making profits need not entail the hefty price of damaging the environment.