December 31, 2009
Eco-Efficiency - Saving Money and the Ecology
Kohlberg, Kravis, Roberts & Co (KKR) was set up by Henry Kravis and George Roberts in 1976 with some assistance from the First Chicago Corporation. Moving on, hoping to make the companies they acquire have less environmental impact, KKR have rolled out an unusual green enterprise that has completely changed the way business concerns and environmental agencies function.
When Henry Kravis from KKR and the Environmental Defense Fund (EDF) got together last year environmental matters went mainstream. They wants to tackle some all important green issues, that include air pollution, global warming, immoderate water consumption, and deforestation.
In order to achieve this, they deploy a routine called eco-efficiency which makes use of concepts such as fuel economy, maximum use of renewable resources, and increasing the durability of products. Irrespective of the fact that the program was a huge success, people simply didn’t recognize how significant the effects were until Ken Mehlman, the man responsible for the Green Portfolio Project, finished the first annual review.
Much to everyone’s surprise, Ken saw that this program not only assisted in preserving the local environment, but was increasing the the net profit from all their business concerns as well. Virtually all of the commercial organizations affiliated to Kohlberg, Kravis, Roberts & Co and Ken Mehlman today use eco-efficiency. When you consider that the group has a value of virtually 100.000,000,000 USD, you may be certain this was no easy accomplishment.
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These two groups in association with Ken Mehlman are further developing the Green Portfolio project. The Climate Corps Program founded by the Environmental Defense Fund is one of these, it promotes eco-efficient business techniques to students studying for an MBA. KKR and Ken Mehlman have been developing a package of metrics and other relevant systems that manage resources. With this information available, any sort of business may without much effort evaluate their day to day activities and identify precisely how they can resolve any issues while at the same time seeing their progress.
The business community has been changed forever by the pioneering efforts of Henry Kravis, the KKC, and the Environmental Defense Fund. In summary, the work of these organizations has made green business practice not only viable, but commercially desirable, and their novel ideas are setting a new standard in today’s business community.











