Protecting the Planet: Ken Mehlman and Kohlberg, Kravis, Roberts & Co. Make it Simpler for Everyone
Kohlberg, Kravis, Roberts & Co (KKR) was launched by Henry Kravis and his business partner George Roberts in the mid-seventies with the help of the First Chicago Corporation. However, hoping to make their portfolio companies and acquisitions greener, KKR have established a unique green proposal which has fundamentally changed the way business concerns and environmental activists function.
KKR’s Henry Kravis and the non-profit Environmental Defense Fund (EDF) merged a year ago, hoping to make environmentally sound business operation a widely accepted idea. This alliance aims to help resolve challenging matters affecting the environment, such as greenhouse gas emissions, hazardous emissions, undue consumption of water resources, and climate change. In order to achieve this, they use a method termed eco-efficiency; this involves concepts such as increasing the durability of products, using clean energy, and reducing the dispersion of toxic chemicals. Although the program was an enormous success, no-one realized how fantastic the consequences truly were until Ken Mehlman, the head of the program and global public affairs, analyzed the figures for the first 12 months.
Topping everybody’s expectations, Ken saw that this program not only helped in preserving the local environment, but was also increasing the profits from all their businesses as well. Well-nigh all of the firms affiliated to Kohlberg, Kravis, Roberts & Co and Ken Mehlman nowadays actively participate in the Green Portfolio Project. Still, with a current business portfolio worth 86,000,000,000 USD, you can be sure this was no easy feat.
The original program has now broadened to include new and innovative enterprises. For example, KKR linked up with the Environmental Defense Fund’s Climate Corps Program a venture which teaches MBA interns how to promote cost-efficient, green practices.
In recent months, Ken Mehlman has worked closely with KKR to develop analytic tools that a wide range of business concerns can utilize to quantify and oversee resources. With this information available, any business may without a lot of effort evaluate their daily operations and find out where any issues may be resolved while at the same time tracking their progress. Henry Kravis, the KKC, and the Environmental Defense Fund have encouraged all sorts of businesses to go green. In summary, the work of these organizations has made environmentally friendly business techniques not only viable, but commercially desirable, and their novel ideas are setting a new standard in today’s community.
