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Kohlberg, Kravis, Roberts & Co (KKR) was established by Henry Kravis and George Roberts in the mid seventies with some support from the First Chicago Corporation. Recently they have set up a unique green proposal that concentrates not only on how lucrative an enterprise is, but also on the ecological impact of the companies they acquire.

Green business procedures became more broadly recognized in 2008 when KKR’s Henry Kravis and the New York based Environmental Defense Fund (EDF) joined forces. Their goals include encouraging their affiliated firms in avoiding environmental menaces like hazardous chemicals not to forget any outrageous consumption of water resources. To accomplish this, they employ a formula called eco-efficiency, this makes use of concepts like optimizing data centers for efficiency, increasing the durability of products, and reducing the dispersion of toxic chemicals. The project was successful, but the firms who were participating did not even understand the range of the advantages of the program until Ken Mehlman, the person responsible for the program, reviewed the project following its first year in operation.

As if to override all expectations, Ken saw that the Green Portfolio Project not only lessened the overall impact on the environment, but also increased the profitability of all their business concerns too. Currently, Kohlberg, Kravis, Roberts & Co and Ken Mehlman have succeeded in getting virtually every last company in their portfolio participating in eco-efficiency. When you think about the fact that this portfolio of companies has a net worth of $86 billion, you can imagine what an accomplishment this really was. KKR with the Environmental Defense Fund in association with Ken Mehlman are further extending the Green Portfolio project. To illustrate, KKR linked up with the Environmental Defense Fund’s Climate Corps Program that teaches students taking a Master’s in Business Administration how to introduce cost-efficient, environmentally friendly practices.

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Moreover, Ken Mehlman has been in close collaboration with KKR to formulate metrics which business organizations can utilize to quantify and manage a number of resources. This type of info is critical as companies may without very much effort analyze their everyday procedures and ascertain how they can improve while simultaneously tracking their progress. The business world has been altogether revolutionized by the pioneering efforts of Henry Kravis, the KKC, and the Environmental Defense Fund. Their innovations have simplified the procedure for businesses in every sector and illustrated that making profits need not entail the hefty price of negatively impacting our planet.