Em10

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

March 9th, 2010

Kohlberg, Kravis, Roberts & Co (KKR) was founded by Henry Kravis and George Roberts in the mid-seventies with some help from the First Chicago Corporation. But going on, in a drive to make their portfolio of companies more environmentally aware, they have established a novel green project which has changed the method by which businesses and environmental agencies work.

Kohlberg, Kravis, Roberts & Co’s Henry Kravis and the the Environmental Defense Fund (EDF) joined forces a year ago, intending to make environmentally friendly business practice a widespread principle. Serious matters like climate change and high consumption of water resources rank high on their agenda. Eco-efficiency (a phrase originally popularized by the World Business Council for Sustainable Development) is the technique used to achieve these aims, by utilizing green techniques like reducing the waste of resources, increasing the durability of products and fuel economy. Even though the program was an enormous success, staff just did not recognize how significant the consequences were until Ken Mehlman, the person in charge of the project, looked over the figures for the first year.

Only then did Ken discover that utilizing eco-efficiency wasn’t only reducing their impact on the planet, but additionally it was saving companies a substantial amount of money. Currently, KKR and Ken Mehlman have well-nigh all of their firms involved in eco-efficiency. When you consider that the group is valued at virtually $100,000,000,000 dollars, you can see what an enormous achievement this really was.

The initial program has evolved far beyond its primary purpose and nowadays includes new opportunities. The Climate Corps Program established by the EDF is one of these, it campaigns for cost-efficient, planet friendly principles to students taking a Master’s degree in Business Administration. KKR and Ken Mehlman have been creating analytic tools that quantify and administer resources. With this information available, any sort of business can measure their day-to-day activities and identify where any problems can be solved while at the same time allowing them to see how far they have advanced.

Today’s business community has been revolutionized by the work of these groups. These visionary concepts have made going green simpler for business organizations in any sector and shown the world that making profits need not entail the hefty price of negatively impacting our planet.

Tell the community These icons link to social bookmarking sites where readers can share and discover new web pages.