Kohlberg, Kravis, Roberts & Co (KKR) was launched in the mid-seventies and back then their focus was in highly leveraged transactions. But hoping to make their portfolio of companies more ecologically friendly and more profitable as well, they have established a groundbreaking green project that has totally transformed the way businesses and environmental agencies function.

When Henry Kravis from KKR and the non-profit Environmental Defense Fund (EDF) joined forces just a year ago green issues in the business community became major discussion topic. They wants to campaign against a few fundamental environmental issues, such as depletion of the ozone layer, resource depletion, unsustainable consumption of water resources, and global warming.

To follow through with this, they apply eco-efficiency; this calls for concepts like maximum use of renewable resources, reducing the dispersion of toxic chemicals, and increasing the durability of products. Even though the project was a colossal success, no-one realized how incredible the consequences really were until Ken Mehlman, the head of the program and global public affairs, looked over the figures for the first year. Only at that point did Ken learn that the project was not solely helping to preserve the environment, but additionally it was saving a tremendous range of businesses a remarkable sum of money. Well-nigh all of the firms held by Kohlberg, Kravis, Roberts & Co and Ken Mehlman now are involved in eco-efficiency. And, with a current portfolio valued at $86,000,000,000, you may be certain this was no easy see what an enormous accomplishment this is. The original project has now expanded to include new opportunities. For example, KKR got together with the Environmental Defense Fund’s Climate Corps Program which instructs interns studying for a Master’s degree in Business Administration how to introduce financially strong, green principles. KKR and Ken Mehlman have been creating metrics that manipulate various resources. Products such as these permit staff to track their progress and identify any underlying issues.

The business world has been totally transformed by the ground-breaking work of these people. Their developments have simplified the procedure for companies in every industry and shown the world that running a profitable business need not entail the hefty price of negatively impacting our planet.