Bichlorides

Kohlberg, Kravis, Roberts & Co (KKR) was launched by Henry Kravis and George Roberts in the mid 70’s with the help of the First Chicago Corporation. But they have assembled an extraordinary green enterprise that focuses not simply on ramping up profit margins, but in addition on how ecologically aware each of the firms in their portfolio are. KKR’s Henry Kravis and the the Environmental Defense Fund (EDF) joined forces a year ago, with the mission of making environmentally aware business operation a widely accepted idea. This alliance wants to oppose a number of all important green issues, for instance toxic chemicals, toxic chemical use, undue consumption of water resources, and climate change.

Eco-efficiency (the term was originally introduced by the World Business Council for Sustainable Development WBCSD) governs the framework for their mission, through applying environmentally sustainable policies such as reducing the intensity of materials, reducing the waste of resources and waste reduction. Although the project was a huge success, people just did not understand how extensive the results were until Ken Mehlman, the head of the program and global public affairs, analyzed the first year’s figures. Surpassing everyone’s expectations, Ken saw that this program not only increased environmental awareness, but also increased the profitability of every last business organization too. Just about all of the business organizations connected with Kohlberg, Kravis, Roberts & Co and Ken Mehlman now utilize eco-efficiency. When you look at the fact that this group of businesses is valued at 86 billion dollars, you can imagine what an achievement this really was.

Kohlberg, Kravis, Roberts & Co with the Environmental Defense Fund along with Ken Mehlman are developing the Green Portfolio project. For instance, KKR linked up with the EDF’s Climate Corps Program that teaches interns studying for an MBA how to design and introduce financially shrewd, earth friendly practices. In addition, Ken Mehlman has worked closely with KKR to formulate products which companies can use to quantify and manage resources. These systems can track an organization’s environmental impact and identify any problem areas. Henry Kravis, the KKC, and the Environmental Defense Fund have made going green easier for businesses large and small. In conclusion, these systems have made environmentally friendly business techniques not only viable, but commercially desirable, and their novel ideas are setting a new standard in the competitive business world of today.

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