Life Delights

Kohlberg, Kravis, Roberts & Co (KKR) was set up in the mid 70’s and orginally their specialty was in leveraged buyouts. Lately hoping to make the businesses in their portfolio have less of a negative environmental impact, they have set in motion a unique enterprise that has changed the way business concerns and environmental groups operate. Green business practice became more widely acknowledged last year when Kohlberg, Kravis, Roberts & Co’s Henry Kravis and the New York based Environmental Defense Fund (EDF) joined forces. The coalition intends to fight big matters impeding the ecology of the earth, for instance hazardous waste, resource depletion, unrestricted water consumption, and global warming.

Eco-efficiency (the phrase was initially coined by the WBCSD) fashions their mission’s framework, applying green techniques such as maximum use of renewable resources, recycling programs and waste reduction. Irrespective of the fact that the project was a huge success, no-one realized how far-reaching the effects were until Ken Mehlman, the executive responsible for the project, examined the profits for the first 12 months. Much to everyone’s surprise, Ken found that this program not only raised environmental responsibility, but also increased the the profit from every business organization too. Up to now, KKR and Ken Mehlman have succeeded in getting virtually every last firm in their portfolio actively taking part in eco-efficiency techniques. And, when you consider that the group has a 2009 portfolio with a value of 86,000,000,000 dollars, you can be certain that this wasn’t a simple see what a huge feat this is.

Be sure to check out this exceptional resource for Ken Mehlman tips…

The original Green Portfolio project now includes new and innovative enterprises. The Climate Corps Program established by the Environmental Defense Fund is one of these enterprises, it advances cost-effective, green practices to students taking an MBA. More recently, Ken Mehlman has been cooperating closely with Kohlberg, Kravis, Roberts & Co to develop products which companies can employ to quantify resources. With this information available, any business can evaluate each of their everyday processes and identify exactly how any problems may be solved while at the same time seeing their progress. Henry Kravis, the KKC, and the Environmental Defense Fund have encouraged all sorts of businesses to become more ecologically friendly. Their revolutionary developments have set a high standard for businesses in every industry and illustrated that running a profitable business need not entail the hefty price of negatively impacting our planet.