How Ken Mehlman of Kohlberg, Kravis, Roberts & Co. Works alongside the Environmental Defense Fund

Filed under: Misc — admin at 7:09 am on Friday, December 25, 2009

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Kohlberg, Kravis, Roberts & Co (KKR) was founded by Henry Kravis and his partner George Roberts in 1976 with some help from the First Chicago Corporation. Recently they have set up a unique green enterprise which focuses not alone on how lucrative an enterprise is, but in addition on how ecologically aware each of the firms in their portfolio are. Green business practice went mainstream a year ago when Kohlberg, Kravis, Roberts & Co’s Henry Kravis and the independent Environmental Defense Fund (EDF) merged. Serious environmental matters like climate change and intemperate water consumption are a top priority in their corporate mission.

Eco-efficiency (the phrase was originally submitted by the World Business Council for Sustainable Development) stipulates the framework for their mission, applying policies such as reducing the intensity of materials, using clean energy and increasing the durability of products. Although the program was an enormous success, no-one realized how extensive the results were until Ken Mehlman, the head of the project and global public affairs, carried out the first annual review.

Only then did Ken notice that utilizing eco-efficiency wasn’t merely preserving the environment, but additionally it was helping to save businesses a significant amount of money. Just about all of the commercial organizations linked with Kohlberg, Kravis, Roberts & Co and Ken Mehlman nowadays are involved in eco-efficiency. Nevertheless, with a 2009 portfolio worth 86,000,000,000 dollars, you can be sure that this was not a simple accomplishment.

The initial Green Portfolio project is expanding to include new enterprises. To illustrate, Kohlberg, Kravis, Roberts & Co linked up with the EDF’s Climate Corps Program a venture that teaches MBA interns how to promote cost effective, earth friendly techniques. KKR and Ken Mehlman have taken the time to create systems that evaluate and oversee resources. With this information available, any sort of business can examine all of their everyday activities and ascertain exactly how they can solve any problems while at the same time seeing their progress. Henry Kravis, the KKR, and the Environmental Defense Fund truly are trailblazers in the world of green business. So, to summarize, these systems have made ecologically friendly business techniques not only viable, but commercially desirable, and their revolutionary ideas are setting a new standard in the business world of today.

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