Raster Gang

When Henry Kravis and George Roberts established Kohlberg, Kravis, Roberts & Co (KKR) in the 1970’s with the support of the First Chicago Corporation, their main business was in leveraged buyouts. Recently they have put together an exceptional proposal that centers not simply on how lucrative an enterprise is, but also on how environmentally friendly each of the firms in their portfolio are. KKR’s Henry Kravis and the New York based Environmental Defense Fund (EDF) joined forces last year, with the mission of making green business practices an accepted idea. These companies wants to help resolve many primary green matters, such as hazardous chemical use, soil contamination, egregious water consumption, and resource depletion. To implement these goals, they apply a routine labeled eco-efficiency; this makes use of concepts like optimizing data centers for efficiency, recycling programs, and reducing the dispersion of toxic chemicals. Even though the project was an enormous success, managment just did not realize how significant the consequences were until Ken Mehlman, the head of the Green Portfolio Project and global public affairs, finished the first annual review. Much to everyone’s surprise, Ken realized that this program not only raised environmental awareness, but was increasing the profits from all their companies as well. To date, Kohlberg, Kravis, Roberts & Co and Ken Mehlman have managed to get well-nigh each and every firm in their portfolio actively engaged in eco-efficiency principles. Seeing that the whole portfolio is valued at $86 billion, you can imagine what an accomplishment this really is.

Kohlberg, Kravis, Roberts & Co along with Ken Mehlman are further developing the Green Portfolio project. The Climate Corps Program administered by the EDF is an example of this, it promotes eco-efficient business principles to MBA interns. Furthermore, Ken Mehlman has cooperated closely with Kohlberg, Kravis, Roberts & Co to create systems which companies can use to quantify and oversee a number of resources. With this information available, companies may without a lot of effort measure all of their daily procedures and ascertain how any issues may be resolved while at the same time seeing their progress. Today’s business community has been revolutionized by the work of these groups. In conclusion, the work of these organizations has made ecologically friendly business practice not only viable, but commercially desirable, and their radical ideas are setting a new standard in today’s community.

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