Cool Beans SF

In the beginning, when Henry Kravis and George Roberts launched Kohlberg, Kravis, Roberts & Co (KKR) in 1976 with some help from the First Chicago Corporation, their focus was in highly leveraged transactions. But they have set up a unique green proposal that centers not solely on optimized profit margins, but also on the ecological impact of the companies they acquire.

Environmentally aware business practices became major topic a year ago when KKR’s Henry Kravis and the non-profit Environmental Defense Fund (EDF) merged. Important green matters like global warming and outrageous water consumption are an important part of their corporate mission statement.

In order to implement this, they utilize a technique termed eco-efficiency which calls for down-to-earth techniques such as improving fuel economy through vehicle fleet maintenance, reducing the waste of resources, and using clean energy. Although the program was an enormous success, managment simply didn’t realize how fantastic the effects were until Ken Mehlman, the head of the Green Portfolio Project and global public affairs, carried out the first annual review. Much to everybody’s surprise, Ken realized that applying eco-efficiency not only decreased environmental impact, but was also increasing the profitability of all their business organizations too. Almost all of the commercial concerns associated with Kohlberg, Kravis, Roberts & Co and Ken Mehlman today take part in the Green Portfolio Project. Still, when you consider that the group has a current business portfolio worth 86,000,000,000 dollars, you may be sure that this was no easy achievement.

The original Green Portfolio project has developed beyond its primary purpose and nowadays encompasses new initiatives. The Climate Corps Program set up by the Environmental Defense Fund is one of these, it campaigns for eco-efficient business techniques to interns studying for an MBA.

Furthermore, Ken Mehlman has been in close collaboration with Kohlberg, Kravis, Roberts & Co to formulate products which all kinds of companies can utilize to quantify and oversee resources. Tools like these allow employees see how they are progressing and identify any underlying problems. Henry Kravis, the KKC, and the Environmental Defense Fund have made going green simpler for companies in every industry. So, in conclusion, these systems have made ecologically friendly business techniques not only viable, but commercially desirable, and their revolutionary ideas are setting a new standard in the business world of today.