Purchase Tip Blog

Kohlberg, Kravis, Roberts & Co (KKR) was established in 1976 and to begin with the company’s specialization was in highly leveraged transactions. Recently they have put together a unique green proposal that concentrates not merely on optimizing ROI, but likewise on the ecological impact of the companies they acquire. When Henry Kravis from KKR and the New York based Environmental Defense Fund (EDF) merged in 2008 green issues went mainstream. Their mission is to offer encouragement to businesses to help resolve environmental menaces like hazardous chemical use not to forget egregious consumption of water resources.

In order to attain this, they use a method called eco-efficiency which calls for down-to-earth techniques like using clean energy, reducing the intensity of materials, and improving fuel economy through vehicle fleet maintenance. Even though the project was a tremendous success, managment simply did not recognize how significant the consequences truly were until Ken Mehlman, the man responsible for the project, reviewed the figures for the first 12 months.

Exceeding everybody’s expectations, Ken found that this program not only cut down on ecological impact, but was also increasing the profitability of all their companies too. To date, Kohlberg, Kravis, Roberts & Co and Ken Mehlman have virtually every associated company actively participating in the Green Portfolio Project. However, with a 2009 portfolio estimated at 86,000,000,000 dollars, you can be sure this was no easy accomplishment.

KKR and the Environmental Defense Fund along with Ken Mehlman are expanding the initial program. For instance, Kohlberg, Kravis, Roberts & Co got together with the EDF’s Climate Corps Program an enterprise that instructs MBA students how to introduce cost effective, earth friendly principles. KKR and Ken Mehlman have taken the time to develop systems that can measure and manipulate various resources. Tools such as these can measure a company’s progress and identify any areas which may need improving.

Henry Kravis, the KKR, and the Environmental Defense Fund are groundbreakers when it comes to raising awareness of green business techniques. So, to summarize, the work of these organizations has made ecologically friendly business practice not only viable, but commercially desirable, and their radical ideas are setting a new standard in today’s business community.