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Ken Mehlman of Kohlberg, Kravis, Roberts & Co. And the Environmental Defense Fund — Leaders in Business and Protecting the Planet

02.19.10

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Initially, when Henry Kravis and George Roberts established Kohlberg, Kravis, Roberts & Co (KKR) in the mid-seventies with some help from the First Chicago Corporation, the firm’s focus was in highly leveraged transactions. But hoping to make their acquisitions more ecologically friendly and more profitable as well, they have established an exceptional green enterprise which has entirely changed the method by which businesses and environmental activists function. When Henry Kravis from KKR and the non-profit environmental advocacy group Environmental Defense Fund (EDF) got together only a year ago environmental issues went mainstream. This coalition intended to oppose many serious green matters, for instance greenhouse gas emissions, hazardous chemicals, unreasonable water consumption, and soil contamination. To achieve these goals, they deploy a procedure known as eco-efficiency, this calls for concepts like using clean energy, reducing the dispersion of toxic chemicals, and increasing the durability of products. Simple and effective, yet the KKR and EDF didn’t even realize the entirety of the benefits of the program until the person responsible for the program, Ken Mehlman, reviewed the numbers from the program following its first year in operation. Only at that point did Ken Mehlman find out that applying eco-efficiency was not just lessening ecological impact, but in addition it was helping to save a diverse range of businesses a remarkable amount of money. At the time of writing, Kohlberg, Kravis, Roberts & Co and Ken Mehlman have nearly every associated company involved in eco-efficiency techniques. Nevertheless, when you consider that the group has a 2009 business portfolio estimated at eighty-six billion USD, you can be sure that this was no easy accomplishment. The initial Green Portfolio project now includes new initiatives. For example, Kohlberg, Kravis, Roberts & Co joined the EDF’s Climate Corps Program an organization that teaches students taking an MBA how to develop and start cost-efficient, ecologically friendly principles.

KKR and Ken Mehlman have taken the time to create metrics and other related products which quantify and manipulate various resources. With this information available, companies can assess each of their daily processes and ascertain exactly how they can improve while simultaneously allowing staff to discover how green they are becoming. Henry Kravis, the KKC, and the Environmental Defense Fund have made reducing their ecological impact easier for business organizations in every sector. So, to summarize, the work of these organizations has made green business techniques not only viable, but commercially desirable, and their revolutionary ideas are setting a new standard in the competitive business world of today.

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