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Green Business — Ken Mehlman of Kohlberg, Kravis, Roberts & Co. And the Environmental Defense Fund

December 22, 2009 on 1:30 pm | In Uncategorized | Comments Off

Kohlberg, Kravis, Roberts & Co (KKR) was launched by Henry Kravis and his partner George Roberts in the mid seventies with the help of the First Chicago Corporation. However, they have set up a novel green enterprise which centers not only on optimized ROI, but additionally on how ecologically friendly each of the businesses in their portfolio currently are.

Green business procedures became a hot topic last year when KKR’s Henry Kravis and the the Environmental Defense Fund (EDF) merged. Issues like soil contamination and extravagant water consumption feature high on their agenda. To implement these goals, they use a routine labeled eco-efficiency; this calls for down-to-earth techniques such as using clean energy, reducing the intensity of materials, and improving fuel economy through vehicle fleet maintenance. Irrespective of the fact that the program was a huge success, people just didn’t understand how incredible the consequences were until Ken Mehlman, the man in charge of the Green Portfolio Project, finished the review of the first year. Much to everybody’s surprise, Ken found that eco-efficiency not only cut down on ecological impact, but also increased the the profit from every business organization as well. At the time of writing, Kohlberg, Kravis, Roberts & Co and Ken Mehlman have well-nigh every associated business involved in eco-efficiency techniques. If you think about the fact that this group of companies is valued at nearly one hundred billion dollars, you can imagine what an enormous achievement this really was.

These two groups along with Ken Mehlman are developing the initial project. The Climate Corps Program established by the EDF is one of these, it raises awareness of cost-effective, environmentally friendly principles to interns taking a Master’s in Business Administration. More recently, Ken Mehlman has been cooperating closely with Kohlberg, Kravis, Roberts & Co to develop a series of metrics which companies can use to quantify and administer resources. With this information available, businesses may easily evaluate all of their day to day activities and find out exactly how they can resolve any issues while simultaneously tracking their progress.

The business world has been altered forever by the efforts of Henry Kravis, the KKC, and the Environmental Defense Fund. So, to summarize, these systems have made ecologically friendly business techniques not only viable, but commercially desirable, and their radical ideas are setting a new standard in the high-pressure business world of today.