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Kohlberg, Kravis, Roberts & Co (KKR) was founded in the 70’s and to begin with the company’s focus was in highly leveraged transactions. However, in an extraordinary effort to make their portfolio of companies greener, they have founded an extraordinary green proposal which has completely changed the way business concerns and environmental agencies work. Environmentally aware business processes became more widely accepted a year ago when KKR’s Henry Kravis and the non-profit Environmental Defense Fund (EDF) merged. These companies wanted to tackle big environmental matters, such as soil contamination, air pollution, extravagant consumption of water resources, and toxic chemical use.

Eco-efficiency (a phrase originally endorsed by the World Business Council for Sustainable Development WBCSD) makes up their mission’s framework, through applying policies like improving fuel economy through vehicle fleet maintenance, optimizing data centers for efficiency and increasing the durability of products. Effective though it was the management did not understand the scope of the project’s advantages until the man responsible for the project, Ken Mehlman, looked over the numbers from the program after its first year in operation.

Only at that point did Ken Mehlman learn that eco-efficiency was not solely helping to save the local environment, but in addition it was helping to save firms a great deal of money, and consequently the project became almost an immediate hit. Almost all of the companies affiliated to KKR and Ken Mehlman now utilize eco-efficiency. When you consider that the portfolio has a net worth of virtually $100,000,000,000 dollars, you may be certain this was no easy achievement. Kohlberg, Kravis, Roberts & Co in association with Ken Mehlman are extending the initial program. The Climate Corps Program established by the EDF is one of these ventures, it promotes cost-effective, planet friendly principles to MBA interns. KKR and Ken Mehlman have made the effort to formulate products which administer resources. This type of data is invaluable as companies can assess their daily activities and identify where they can resolve any issues while at the same time allowing staff to discover their ecological impact.

The business community has been altered permanently by the work of these individuals. In conclusion, these systems have made environmentally friendly business practice not only viable, but commercially desirable, and their novel ideas are setting a new standard in today’s business world.

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