Bisulfide

Kohlberg, Kravis, Roberts & Co (KKR) was founded in the 1970’s and initially the firm’s specialization was in leveraged buyouts. However, they have put together a remarkable enterprise that centers not only on how lucrative an enterprise is, but in addition on the ecological impact of the companies they acquire.

Environmentally aware business processes became more widely adopted last year when Kohlberg, Kravis, Roberts & Co’s Henry Kravis and the non-profit environmental advocacy group Environmental Defense Fund (EDF) joined forces. They wanted to fight big matters damaging the ecology of the earth, that include water pollution, toxic chemical use, ecologically unsustainable water consumption, and toxic chemicals.

Eco-efficiency (a term originally advertised by the World Business Council for Sustainable Development WBCSD) is the procedure used to achieve these goals, by applying techniques like reducing the intensity of materials, waste reduction and using clean energy. Irrespective of the fact that the project was an enormous success, people simply didn’t understand how extensive the consequences were until Ken Mehlman, the head of the program and global public affairs, carried out the first annual review. Ken saw that the Green Portfolio Project wasn’t simply helping to save the environment, but it was also saving firms a substantial sum of money, and therefore the program turned into virtually an immediate hit. Up to now, KKR and Ken Mehlman have managed to get almost all of their firms involved in eco-efficiency techniques. Still, with a current business portfolio with a worth of 86,000,000,000 dollars, you can be sure this was not an easy see what an enormous achievement this is. The Green Portfolio project is expanding to encompass new opportunities. For example, KKR linked up with the EDF’s Climate Corps Program that teaches interns taking an MBA how to develop and start financially astute, earth friendly principles.

Moreover, Ken Mehlman has been collaborating closely with Kohlberg, Kravis, Roberts & Co to produce a series of analytical tools which firms can utilize to measure and manipulate resources. Systems like these can evaluate a company’s ecological impact and identify any underlying issues.

Henry Kravis, the KKR, and the Environmental Defense Fund are true innovators in the world of green business. In conclusion, these systems have made green business practice not only viable, but commercially desirable, and their revolutionary ideas are setting a new standard in today’s world.