Kohlberg, Kravis, Roberts & Co (KKR) was launched in the 70’s and in the beginning their focus was in highly leveraged transactions. However, they have put together an innovative enterprise that centers not simply on optimizing ROI, but likewise on how environmentally friendly each of the companies in their portfolio are. When Henry Kravis from KKR and the independent Environmental Defense Fund (EDF) got together a year ago green issues in the business community became a hot topic. Critical green matters like depletion of the ozone layer and undue water consumption rank high on their agenda.

Eco-efficiency (the phrase was initially promoted by the World Business Council for Sustainable Development) has shaped the framework for their mission, using green techniques such as reducing the waste of resources, waste reduction and maximum use of renewable resources. Even though the project was an enormous success, people simply did not realize how far reaching the results were until Ken Mehlman, the head of the Green Portfolio Project and global public affairs, carried out the first annual review. Capping all expectations, Ken found that using eco-efficiency not only raised environmental awareness, but also increased the profitability of every business organization as well. Currently, Kohlberg, Kravis, Roberts & Co and Ken Mehlman have managed to get well-nigh every associated business taking part in eco-efficiency. However, with a 2009 portfolio valued at $86,000,000,000, you may be certain that this wasn’t a simple feat. The initial program now includes new initiatives. The Climate Corps Program set up by the Environmental Defense Fund is a good example of this, it advances cost-efficient, green procedures to students taking a Master’s in Business Administration.

In recent months, Ken Mehlman has been in close collaboration with Kohlberg, Kravis, Roberts & Co to create metrics and analytic tools that companies can utilize to evaluate various resources. These tools can evaluate a company’s progress and identify any underlying problems.

Henry Kravis, the KKC, and the Environmental Defense Fund have encouraged all sorts of businesses to cut down their environmental impact. These innovations have simplified the procedure for business organizations in every industry and demonstrated to the world that running a profitable business need not entail the hefty price of damaging the environment.

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