Ken Mehlman of Kohlberg, Kravis, Roberts & Co. And the Development of Environmentally Sound Business

Kohlberg, Kravis, Roberts & Co (KKR) was set up by Henry Kravis and his business partner George Roberts in the mid-seventies with the support of the First Chicago Corporation. However, they have launched a novel green proposal that centers not alone on profitability, but in addition on how environmentally friendly each of their companies are. KKR’s Henry Kravis and the non-profit environmental advocacy group Environmental Defense Fund (EDF) got together a year ago, with the intention of making green business processes a commonplace concept. Issues like climate change and immeasurable consumption of water resources are a priority in their corporate mission statement.

Eco-efficiency (a phrase initially advertised by the WBCSD) is the method deployed to achieve these goals, utilizing green policies such as increasing the durability of products, reducing the waste of resources and optimizing data centers for efficiency. Regardless of the fact that the program was an enormous success, people just didn’t understand how significant the results actually were until Ken Mehlman, the person in charge of the project, examined the first year’s profits. Ken found that eco-efficiency wasn’t simply lessening environmental impact, but it was also helping to save business concerns a great deal of money, making the program virtually an instant hit. Nearly all of the business concerns connected with Kohlberg, Kravis, Roberts & Co and Ken Mehlman today are engaged in the project. Still, when you consider that the group has a 2009 business portfolio worth 86 billion USD, you may be certain that this was no easy accomplishment. The original project has evolved beyond its original remit and nowadays includes new opportunities. The Climate Corps Program founded by the EDF is a great example of this, it campaigns for eco-efficient business techniques to MBA interns.

Moreover, Ken Mehlman has worked closely with Kohlberg, Kravis, Roberts & Co to produce a variety of metrics and other relevant systems which companies can employ to measure and oversee resources. These tools can track an organization’s progress and identify any underlying problems.

The business community has been entirely changed by the ground breaking efforts of these individuals. Their developments have set a high standard for organizations in every sector and demonstrated that making profits need not entail the hefty price of damaging the environment.

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