Not A Doubt

Sunday, November 1st, 2009

What You Will Want to Bear in Mind if You’re Considering Ken Mehlman of Kohlberg, Kravis, Roberts & Co

Kohlberg, Kravis, Roberts & Co (KKR) was launched in 1976 and initially the company’s focus was in highly leveraged transactions. Lately, hoping to make their portfolio companies and acquisitions have less of a negative ecological impact, they have founded an unusual green project that has entirely changed the way businesses and environmental groups operate. KKR’s Henry Kravis and the non-profit environmental advocacy group Environmental Defense Fund (EDF) merged a year ago, with the goal of making green business practice an accepted principle. Big matters like hazardous waste and inordinate consumption of water resources are a priority in their company mission.

In order to implement this, they deploy eco-efficiency which involves techniques like optimizing data centers for efficiency, waste reduction, and reducing the intensity of materials. The program was successful, even so the management didn’t grasp the scope of the benefits of the program until Ken Mehlman, the head of the program and global public affairs, reviewed the program subsequent to a year in operation.

Only then did Ken observe that using eco-efficiency was not merely cutting impact on the planet, but additionally it was helping to save a tremendous range of companies a large amount of money, making the program almost an immediate hit. These days, KKR and Ken Mehlman have succeeded in getting nearly every business in their portfolio participating in eco-efficiency techniques. And, when you consider that the group has a current portfolio with a worth of 86,000,000,000 dollars, you can be certain that this was no easy feat. The original program now encompasses new opportunities. To illustrate, Kohlberg, Kravis, Roberts & Co linked up with the EDF’s Climate Corps Program an organization which teaches MBA students how to promote cost efficient, green principles. KKR and Ken Mehlman have made the effort to develop systems that measure and manipulate various resources. With this information available, any type of business can measure each of their day to day procedures and discover precisely how they can solve any problems while simultaneously permitting them to discover how ecologically friendly they are. Today’s business world has been transformed by the work of these people. Their innovations have set a high standard for business organizations in every sector and proved that running a profitable business need not entail the hefty price of damaging the environment.

This entry was posted on Sunday, November 1st, 2009 at 2:09 pm and is filed under Better Business, Social Tips, Unassigned. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

---

Comments are closed.

---

---