The Online Act

Kohlberg, Kravis, Roberts & Co (KKR) was founded by Henry Kravis and George Roberts in the mid seventies with some support from the First Chicago Corporation. However, hoping to make their portfolio of companies greener, they have launched an exceptional green project that has changed the method by which business concerns and environmental groups function. Green business practice went mainstream in 2008 when KKR’s Henry Kravis and the New York based Environmental Defense Fund (EDF) joined forces. Issues like water pollution and reckless water consumption are an important part of their corporate mission statement.

Eco-efficiency (the phrase was initially introduced by the WBCSD) comprises their mission’s framework, through using green techniques like improving fuel economy through vehicle fleet maintenance, reducing the dispersion of toxic chemicals and increasing the durability of products. Irrespective of the fact that the project was a tremendous success, people simply did not realize how incredible the results actually were until Ken Mehlman, the man in charge of the project, carried out the first annual review. Factually topping everybody’s expectations, Ken discovered that the Green Portfolio Project not only served in preserving the environment, but was increasing the profits from all their business organizations besides. To date, Kohlberg, Kravis, Roberts & Co and Ken Mehlman have managed to get nearly every last business in their portfolio engaged in eco-efficiency techniques. When you consider that this portfolio of business organizations has a net worth of $86,000,000,000, you may see what a tremendous achievement this really is.

The original project now encompasses new opportunities. The Climate Corps Program established by the Environmental Defense Fund is just one of these initiatives, it campaigns for planet friendly business techniques to interns studying for an MBA. In recent months, Ken Mehlman has been in close collaboration with KKR to create products that businesses can use to quantify and oversee resources. With this information available, any type of business can analyze each of their day-to-day processes and find out exactly how they can solve any problems while simultaneously seeing their progress.

Henry Kravis, the KKR, and the Environmental Defense Fund are genuine trailblazers in the world of green business. Their developments have simplified the procedure for business organizations in every industry and shown that running a profitable business need not entail the hefty price of negatively impacting our planet.

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