Kohlberg, Kravis, Roberts & Co (KKR) was launched by Henry Kravis and George Roberts in the mid-seventies with the support of the First Chicago Corporation. But recently they have put together a remarkable green enterprise which focuses not only on maximizing ROI, but likewise on how ecologically aware each of their companies are. When Henry Kravis from KKR and the Environmental Defense Fund (EDF) merged last year green issues went mainstream. Issues like air pollution and flagrant water consumption are a top priority in their corporate mission statement. In order to implement these goals, they apply eco-efficiency; this uses concepts like waste reduction, recycling programs, and improving fuel economy through vehicle fleet maintenance. Irrespective of the fact that the program was an enormous success, people just didn’t recognize how fantastic the effects were until Ken Mehlman, the man responsible for the project, finished the first annual review. Much to everyone’s surprise, Ken saw that this program not only diminished the impact on the environment, but was also increasing the the net profit from all their business organizations as well. Almost all of the business organizations held by Kohlberg, Kravis, Roberts & Co and Ken Mehlman now are involved in eco-efficiency techniques. And, with a 2009 portfolio estimated at eighty six billion USD, you may be sure that this was no easy achievement. The Green Portfolio project has grown beyond its primary remit and at present includes new initiatives. The Climate Corps Program set up by the EDF is one of these, it promotes eco-efficient business techniques to interns studying for a Master’s in Business Administration.

What is more, Ken Mehlman has been collaborating closely with Kohlberg, Kravis, Roberts & Co to create systems that firms can employ to measure and oversee resources. With this information available, businesses may without a lot of effort examine each of their everyday activities and find out how they can improve while simultaneously tracking their progress. The business community has been transformed forever by the pioneering efforts of Henry Kravis, the KKC, and the Environmental Defense Fund. These developments have made going green simpler for firms in any sector and established that making profits need not entail the hefty price of damaging the environment.

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