Henry Kravis of Kohlberg, Kravis, Roberts & Co. And the Environmental Defense Fund: Pacesetters in Business and Eco-Efficiency
Kohlberg, Kravis, Roberts & Co (KKR) was set up by Henry Kravis and his partner George Roberts in the mid seventies with the support of the First Chicago Corporation. But moving further, in an exceptional effort to make their acquisitions greener, they have launched a remarkable green enterprise that has entirely transformed the way business concerns and environmental agencies work together, forever.
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KKR’s Henry Kravis and the non-profit environmental advocacy group Environmental Defense Fund (EDF) merged in 2008, with the intention of making green business procedures an accepted principle. They wanted to oppose some serious issues hurting the ecology of the planet, including depletion of the ozone layer, climate change, preposterous consumption of water resources, and toxic emissions. Eco-efficiency (the phrase was originally propagated by the World Business Council for Sustainable Development) informs their mission’s framework, through using environmentally sound policies like recycling programs, maximum use of renewable resources and reducing the dispersion of toxic chemicals. Simple and effective, even so the KKR and EDF didn’t even understand the range of the program’s benefits until Ken Mehlman, the person responsible for the Green Portfolio Project, evaluated the numbers from the project when it had been up and running for its first full year.
Much to everyone’s surprise, Ken saw that this program not only raised environmental awareness, but also increased the profits from all their business organizations as well. These days, Kohlberg, Kravis, Roberts & Co and Ken Mehlman have nearly every company in their portfolio participating in eco-efficiency principles. All The Same, with a 2009 business portfolio valued at eighty-six billion dollars, you may be sure that this was no easy achievement. Kohlberg, Kravis, Roberts & Co with the help of Ken Mehlman are developing the Green Portfolio project. To illustrate, KKR got together with the Environmental Defense Fund’s Climate Corps Program a venture which teaches MBA students how to encourage cost-effective, green practices.
KKR and Ken Mehlman have been creating a variety of analytical tools that manage resources. With this information available, any type of business can assess each of their day-to-day activities and identify precisely how they can resolve any issues while at the same time tracking their progress.
Henry Kravis, the KKR, and the Environmental Defense Fund are genuine trailblazers when it comes environmentally friendly business techniques. These unique concepts have made reducing their environmental impact simpler for organizations in any sector and illustrated that running a profitable business need not entail the hefty price of negatively impacting our planet.












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