The History of Henry Kravis of Kohlberg, Kravis, Roberts & Co & the Environmental Defense Fund
Kohlberg, Kravis, Roberts & Co (KKR) was founded in the mid seventies and to begin with the firm’s main business was in ‘bootstrap’ buyouts. But they have launched a remarkable enterprise that concentrates not alone on how lucrative an enterprise is, but likewise on how ecologically friendly each of the companies in their portfolio are. Environmentally friendly business processes became major topic of dicussion last year when Kohlberg, Kravis, Roberts & Co’s Henry Kravis and the the Environmental Defense Fund (EDF) merged. These companies intends to campaign against primary green matters, including greenhouse gas emissions, resource depletion, absurd consumption of water resources, and toxic chemical use.
Eco-efficiency (the term was first used by the WBCSD) defines the framework for their mission, employing green techniques like waste reduction, maximum use of renewable resources and improving fuel economy through vehicle fleet maintenance. Simple and effective, nevertheless the companies involved didn’t even realize the full advantages of the project until the person responsible for the project, Ken Mehlman, studied the project when it had been in operation for a year.
Ken Mehlman found out that practicing eco-efficiency was not solely protecting the environment, but additionally it was saving a wide range of companies a great deal of money. Up to now, Kohlberg, Kravis, Roberts & Co and Ken Mehlman have managed to get virtually every last business in their portfolio involved in eco-efficiency. Seeing that the portfolio is worth almost $100 billion dollars, you can imagine what a feat this actually is. The initial Green Portfolio project has evolved beyond its primary remit and these days includes new opportunities. The Climate Corps Program founded by the EDF is one of these enterprises, it campaigns for eco-efficient business principles to students taking a Master’s degree in Business Administration.
In recent months, Ken Mehlman has been in close collaboration with Kohlberg, Kravis, Roberts & Co to formulate a series of metrics and other related systems that business concerns can use to quantify and oversee assorted resources. With this information available, companies can evaluate each of their daily activities and discover where they can improve while simultaneously tracking their progress.
Today’s business community has been totally changed by the environmentally centered efforts of Henry Kravis, the KKC, and the Environmental Defense Fund. These innovations have simplified the process for businesses in every sector and demonstrated to the world that making profits need not entail the hefty price of damaging the environment.
