How Ken Mehlman of Kohlberg, Kravis, Roberts & Co. Works in Conjunction with the Environmental Defense Fund
Kohlberg, Kravis, Roberts & Co (KKR) was established by Henry Kravis and his partner George Roberts in the mid-seventies with some support from the First Chicago Corporation. Lately in a drive to make their acquisitions greener, they have set up a unique green proposal that has completely changed the method by which businesses and environmental activists work together, forever.
KKR’s Henry Kravis and the the Environmental Defense Fund (EDF) joined forces a year ago, intending to make green business practice an acknowledged principle. They wants to fight many challenging issues impeding the ecology of the planet, including air pollution, hazardous emissions, enormous water consumption, and greenhouse gas emissions. In order to achieve this, they utilize eco-efficiency which makes use of practical techniques like improving fuel economy through vehicle fleet maintenance, maximum use of renewable resources, and increasing the durability of products. Irrespective of the fact that the project was an enormous success, managment simply did not understand how extensive the results actually were until Ken Mehlman, the executive in charge of the project, reviewed the figures for the first 12 months. Much to everybody’s surprise, Ken realized that this program not only served in preserving the environment, but was also increasing the the profit from all their business organizations too. At the time of writing, KKR and Ken Mehlman have succeeded in getting nearly each and every company in their portfolio actively taking part in the Green Portfolio Project. When you look at the fact that the group is valued at virtually one hundred billion dollars, you can imagine what a challenge this really was.
Kohlberg, Kravis, Roberts & Co with the EDF along with Ken Mehlman are further expanding the original project. To illustrate, KKR linked up with the EDF’s Climate Corps Program an enterprise which instructs MBA students how to introduce cost-efficient, environmentally friendly practices. KKR and Ken Mehlman have made the effort to develop a series of analytic tools which can administer resources. With this information available, companies may easily assess each of their day-to-day operations and find out where any problems can be solved while at the same time permitting them to see how much they have moved on. Henry Kravis, the KKC, and the Environmental Defense Fund have made going green less painful for companies in every industry. Their developments have set a benchmark for firms in every sector and demonstrated to the world that making profits need not entail the hefty price of damaging the environment.











