Kohlberg, Kravis, Roberts & Co (KKR) was set up by Henry Kravis and his business partner George Roberts in the 1970’s with assistance from the First Chicago Corporation. However, aiming to make the companies they take over greener and more profitable to boot, they have founded a groundbreaking project which has fundamentally transformed the way businesses and environmental groups work in a major way. When Henry Kravis from KKR and the Environmental Defense Fund (EDF) merged last year green matters went mainstream. Their corporate mission is to encourage their associated firms in opposing environmental menaces like soil contamination as well as any reckless consumption of water resources.

To implement this, they use eco-efficiency which makes use of concepts such as using clean energy, waste reduction, and increasing the durability of products. Even though the program was an enormous success, managment just didn’t recognize how extensive the effects actually were until Ken Mehlman, the executive in charge of the project, studied the numbers for the first 12 months. Ken found out that practicing eco-efficiency wasn’t just lessening impact on the environment, but it was also helping to save firms a great deal of money, and consequently the project was almost an immediate hit. Nearly all of the companies linked with Kohlberg, Kravis, Roberts & Co and Ken Mehlman at present are taking part in eco-efficiency. And, with a 2009 portfolio estimated at $86,000,000,000, you can be certain this was no easy see what an enormous accomplishment this is.

Kohlberg, Kravis, Roberts & Co along with Ken Mehlman are further expanding the original project. For example, KKR got together with the Environmental Defense Fund’s Climate Corps Program which instructs students studying for an MBA how to introduce cost-efficient, green practices. KKR and Ken Mehlman have taken the time to formulate metrics and analytical tools which will be able to manipulate various resources. This type of information is invaluable as companies can measure their everyday procedures and find out how they can resolve any issues while simultaneously permitting staff to discover their impact on the environment. Today’s business community has been changed forever by the efforts of Henry Kravis, the KKC, and the Environmental Defense Fund. In conclusion, these systems have made ecologically friendly business techniques not only viable, but commercially desirable, and their revolutionary ideas are setting a new standard in the competitive business world of today.