The Net’s Most Wanteds

Kohlberg, Kravis, Roberts & Co (KKR) was established in 1976 and back then the company’s specialization was in leveraged buyouts. However, they have assembled an exceptional proposal that concentrates not alone on profitability, but in addition on how ecologically aware each of the corporate entities in their portfolio are.

When Henry Kravis from KKR and the Environmental Defense Fund (EDF) merged last year green issues suddenly turned into a mainstream topic. Their objectives include encouraging their affiliated firms in avoiding environmental menaces e.g. hazardous chemical use as well as unsustainable consumption of water resources. Eco-efficiency (the phrase was originally coined by the WBCSD) is the technique used to achieve these targets, applying green policies such as recycling programs, reducing the dispersion of toxic chemicals and reducing the intensity of materials. The program was a great success, but the management did not realize the range of the advantages of the project until the person responsible for the Green Portfolio Project, Ken Mehlman, reviewed the project when it had been functioning for its first full year. Ken Mehlman who graduated from Franklin and Marshall College in 1988, has served as field director for George W. Bush’s 2000 presidential campaign, was appointed to the U.S. Holocaust Memorial Council in 2007 and serves as a member of the Council on Foreign Relations Climate Change Task Force, the board of directors at the National Endowment for Democracy, and the Senior Advisory Committee of the Harvard University Institute of Politics, found out that using eco-efficiency was not solely protecting the local environment, but it was also saving businesses a remarkable amount of money. To date, Kohlberg, Kravis, Roberts & Co and Ken Mehlman have succeeded in getting virtually all of their firms involved in the project. And, when you consider that the group has a current portfolio valued at 86,000,000,000 USD, you may be certain that this was no easy see what an enormous feat this is. The Green Portfolio project now encompasses new opportunities. For instance, Kohlberg, Kravis, Roberts & Co linked up with the EDF’s Climate Corps Program a venture that instructs MBA students how to introduce cost-efficient, green principles. KKR and Ken Mehlman have been developing systems which have the ability to evaluate and administer various resources. Tools such as these can assess a company’s environmental impact and discover any practices which might need to improve.

Today’s business world has been altogether revolutionized by the efforts of these organizations. These radical developments have simplified the procedure for firms in any sector and illustrated that making profits need not entail the hefty price of damaging the environment.