Eco-Efficiency — Saving Money and Ecology
March 8th, 2010Kohlberg, Kravis, Roberts & Co (KKR) was set up in the mid-seventies and back then their focus was in highly leveraged transactions. However, aiming to make the businesses in their portfolio have less environmental impact, they have rolled out a remarkable green enterprise that has dramatically transformed the method by which business concerns and environmental activists function.
When Henry Kravis from KKR and the non-profit Environmental Defense Fund (EDF) joined forces only a year ago environmental matters in the business world became a hot topic. Issues like toxic chemical use and outrageous consumption of water resources are high on their agenda. In order to attain these goals, they employ a technique called eco-efficiency, this involves concepts such as reducing the dispersion of toxic chemicals, optimizing data centers for efficiency, and recycling programs. Although the program was a colossal success, people simply didn’t recognize how far-reaching the results were until Ken Mehlman, the person responsible for the project, carried out the review of the first year. Ken noticed that the project wasn’t only helping the environment, but additionally it was saving firms a significant amount of money. To date, Kohlberg, Kravis, Roberts & Co and Ken Mehlman have well-nigh every associated business actively involved in eco-efficiency. And, with a current portfolio with a value of eighty-six billion dollars, you may be certain this was no easy see what a massive achievement this is. Kohlberg, Kravis, Roberts & Co with the Environmental Defense Fund along with Ken Mehlman have also expanded on the initial Green Portfolio project. For example, KKR got together with the EDF’s Climate Corps Program an enterprise that teaches students taking an MBA how to promote financially strong, green practices.
Furthermore, Ken Mehlman has been in close collaboration with KKR to formulate metrics and analytical tools which all kinds of business concerns can employ to quantify and manage resources. These products allow management to evaluate their progress and identify any practices that may need to be assessed again. Henry Kravis, the KKR, and the Environmental Defense Fund are innovators in the business community. Their innovations have made going green easier for organizations in every industry and demonstrated to the world that making profits need not entail the hefty price of negatively impacting our planet.











