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Kohlberg, Kravis, Roberts & Co (KKR) was launched by Henry Kravis and George Roberts in the mid 70’s with the support of the First Chicago Corporation. But going beyond, hoping to make the businesses they take over greener and more profitable in the same stride, they have established a remarkable green proposal that has completely transformed the way business concerns and environmental activists operate.

Environmentally sound business procedures became more broadly recognized last year when Kohlberg, Kravis, Roberts & Co’s Henry Kravis and the non-profit Environmental Defense Fund (EDF) joined forces. Issues like toxic chemicals and reckless water consumption are high on their list of objectives.

In order to implement this, they deploy eco-efficiency, this makes use of concepts such as improving fuel economy through vehicle fleet maintenance, optimizing data centers for efficiency, and increasing the durability of products. The program was well received, even so the management did not realize the totality of the program’s advantages until the person in charge of the project, Ken Mehlman, reviewed the project when it had been functioning for a year.

Much to everybody’s surprise, Ken discovered that this program not only cut back on the overall impact on the planet, but was also increasing the the net profit from all their business organizations as well. Currently, Kohlberg, Kravis, Roberts & Co and Ken Mehlman have managed to get virtually every last firm in their portfolio participating in eco-efficiency. When you think about the fact that this portfolio of companies has a value of $86 billion, you can see what an enormous accomplishment this is.

The two groups in association with Ken Mehlman are further expanding the initial project. The Climate Corps Program administered by the EDF is just one of these ventures, it raises awareness of earth friendly techniques to MBA interns.

In addition, Ken Mehlman has been in close collaboration with Kohlberg, Kravis, Roberts & Co to produce products that firms can use to quantify and oversee a number of resources. This type of info is important as companies can assess each of their day-to-day procedures and discover where any problems may be solved while at the same time permitting them to see their impact on the planet.

Today’s business world has been altered permanently by the environmentally centered efforts of these organizations. So, to summarize, the work of these organizations has made green business techniques not only viable, but commercially desirable, and their novel ideas are setting a new standard in the business world of today.

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