Everything You Need to Know about Ken Mehlman of Kohlberg, Kravis, Roberts & Co. And the Environmental Defense Fund
Thursday, February 25th, 2010Kohlberg, Kravis, Roberts & Co (KKR) was set up in the 1970’s and initially the company’s main business was in highly leveraged transactions. Recently they have put together a novel venture which focuses not just on profitability, but also on the environmental impact of the companies they buy. When Henry Kravis from KKR and the Environmental Defense Fund (EDF) merged a year ago environmental matters in the business world became major discussion topic. These companies aims to help resolve some challenging matters affecting the ecology of the earth, which include hazardous chemicals, resource depletion, overblown consumption of water resources, and depletion of the ozone layer. To achieve these goals, they use a formula dubbed eco-efficiency; this involves techniques like improving fuel economy through vehicle fleet maintenance, reducing the dispersion of toxic chemicals, and optimizing data centers for efficiency. The program was successful, nevertheless the management did not even realize the full program’s advantages until Ken Mehlman, the head of the program and global public affairs, studied the program subsequent to a year in operation.
Eclipsing everyone’s expectations, Ken saw that this program not only helped in proctecting the local environment, but also increased the the profit from all their businesses too. Just about all of the commercial concerns affiliated to Kohlberg, Kravis, Roberts & Co and Ken Mehlman today are actively participating in the program. And, with a 2009 business portfolio with a value of eighty-six billion USD, you may be certain that this wasn’t an easy see what a huge achievement this is. KKR and the EDF with the help of Ken Mehlman have also expanded the original Green Portfolio project. To illustrate, KKR linked up with the Environmental Defense Fund’s Climate Corps Program that instructs students studying for a Master’s in Business Administration how to encourage cost-effective, planet friendly principles.
What is more, Ken Mehlman has been in close collaboration with Kohlberg, Kravis, Roberts & Co to produce systems that firms can employ to evaluate assorted resources. These systems can measure an organization’s progress and discover any problem areas. Today’s business community has been changed permanently by the efforts of Henry Kravis, the KKC, and the Environmental Defense Fund. Their fresh developments have simplified the procedure for organizations in any industry and shown the world that making profits need not entail the hefty price of negatively impacting our planet.