What You Should Know regarding Henry Kravis of Eco-Efficiency
February 27th, 2010Kohlberg, Kravis, Roberts & Co (KKR) was founded by Henry Kravis and his partner George Roberts in the mid 70’s with some assistance from the First Chicago Corporation. But they have launched an exceptional enterprise that focuses not just on optimizing ROI, but likewise on how environmentally aware each of their companies are. Environmentally sound business procedures became more generally acceptable last year when KKR’s Henry Kravis and the the Environmental Defense Fund (EDF) joined forces. Their mission is to offer encouragement to businesses to oppose environmental menaces e.g. soil contamination as well as any immoderate water consumption. Eco-efficiency (the phrase was first propagated by the WBCSD) is the routine applied to achieve these aims, employing techniques like optimizing data centers for efficiency, recycling programs and fuel economy. The Green Portfolio Project was well received, yet the KKR and EDF did not even realize the range of the program’s benefits until the head of the project and global public affairs, Ken Mehlman, studied the project when it had been in operation for a year. Much to everybody’s surprise, Ken found that the project not only decreased ecological impact, but also increased the profits from each business as well. Nearly all of the businesses associated with Kohlberg, Kravis, Roberts & Co and Ken Mehlman nowadays take part in the Green Portfolio Project. Seeing that this portfolio of business organizations has a net worth of nearly 100.000,000,000 USD, you can imagine what an accomplishment this really was. The initial project is expanding to encompass new ventures. The Climate Corps Program founded by the Environmental Defense Fund is a great illustration of this, it raises awareness of earth friendly principles to MBA interns. In recent months, Ken Mehlman has been cooperating closely with KKR to create analytical tools which companies can use to measure and manage various resources. With this information available, businesses can measure their day to day processes and find out where they can resolve any issues while simultaneously tracking their progress.
Henry Kravis, the KKC, and the Environmental Defense Fund have encouraged all sorts of businesses to go green. Their developments have made reducing their environmental impact less problematic for firms in any sector and illustrated that running a profitable business need not entail the hefty price of damaging the environment.











