The Goods Concerning Henry Kravis of Kohlberg, Kravis, Roberts & Co
Kohlberg, Kravis, Roberts & Co (KKR) was launched in the mid 70’s and in the beginning their focus was in leveraged buyouts. Recently they have put together a groundbreaking green enterprise that concentrates not just on maximized profit margins, but also on how environmentally aware each of their companies are. When Henry Kravis from KKR and the Environmental Defense Fund (EDF) got together in 2008 green matters went mainstream. Their goals include encouraging their affiliated businesses in avoiding practices which may destroy the environment like hazardous waste and any high water consumption. In order to accomplish this, they employ a methodology known as eco-efficiency; this involves concepts such as recycling programs, waste reduction, and maximum use of renewable resources. Efficient though it was the firms involved did not even understand the scope of the project’s advantages until Ken Mehlman, the head of the Green Portfolio Project and global public affairs, evaluated the project when it had been up and running for its first year.
Much to everyone’s surprise, Ken saw that this program not only served in preserving the environment, but was increasing the profits from all their business organizations besides. Almost all of the business concerns affiliated to Kohlberg, Kravis, Roberts & Co and Ken Mehlman now are actively taking part in eco-efficiency principles. If you consider that the group has a value of virtually $100,000,000,000 dollars, you can be certain this wasn’t a simple accomplishment.
KKR and the EDF along with Ken Mehlman are further developing the initial project. For instance, Kohlberg, Kravis, Roberts & Co joined the EDF’s Climate Corps Program that instructs MBA interns how to design and introduce cost-effective, planet friendly principles.
KKR and Ken Mehlman have taken the time to formulate a variety of systems which manage various resources. These metrics can measure a company’s ecological impact and identify any practices which might need work.
Henry Kravis, the KKC, and the Environmental Defense Fund have made going green easier for companies in every industry. In conclusion, the work of these organizations has made green business practice not only viable, but commercially desirable, and their radical ideas are setting a new standard in today’s business community.
