Business and Eco-Efficiency - Ken Mehlman of Kohlberg, Kravis, Roberts & Co. And the Environmental Defense Fund
Kohlberg, Kravis, Roberts & Co (KKR) was launched by Henry Kravis and George Roberts in the 1970’s with the assistance of the First Chicago Corporation. Recently they have put together an extraordinary enterprise which focuses not simply on how profitable an enterprise is, but likewise on how ecologically aware each of their companies are.
When Henry Kravis from KKR and the New York based Environmental Defense Fund (EDF) got together last year environmental issues all of a sudden became a mainstream topic. These companies wants to fight a few crucial matters hurting the ecology of the planet, including hazardous chemicals, toxic emissions, outrageous consumption of water resources, and resource depletion. To implement these goals, they employ eco-efficiency; this calls for techniques like waste reduction, increasing the durability of products, and maximum use of renewable resources. Even though the project was an enormous success, people simply did not recognize how extensive the results truly were until Ken Mehlman, the man in charge of the program, looked over the numbers for the first 12 months.
Much to everybody’s surprise, Ken saw that this program not only enhanced environmental awareness, but was also increasing the profitability of every business organization besides. To date, Kohlberg, Kravis, Roberts & Co and Ken Mehlman have nearly every associated business participating in the project. All The Same, when you consider that the group has a 2009 portfolio with an estimated worth of $86,000,000,000, you may be certain that this was not an easy feat.
The original project now includes new ventures. The Climate Corps Program founded by the Environmental Defense Fund is a good example of this, it campaigns for eco-efficient business principles to MBA interns.
KKR and Ken Mehlman have made the effort to develop metrics that administer various resources. With this information available, businesses can measure each of their day to day activities and find out where any issues can be resolved while simultaneously seeing their progress. Henry Kravis, the KKC, and the Environmental Defense Fund have encouraged all sorts of businesses to decrease their ecological impact. 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 the high-pressure business world of today.
