The History of Ken Mehlman of Kohlberg, Kravis, Roberts & Co & the Environmental Defense Fund
Kohlberg, Kravis, Roberts & Co (KKR) was founded by Henry Kravis and George Roberts in 1976 with the assistance of the First Chicago Corporation. Recently they have put together a remarkable enterprise that focuses not alone on how much money they can net, but likewise on the ecological impact of the companies they acquire.
Green business procedures became a hot topic in 2008 when Kohlberg, Kravis, Roberts & Co’s Henry Kravis and the independent Environmental Defense Fund (EDF) joined forces. Issues like toxic emissions and disproportionate consumption of water resources feature high on their list of objectives. To implement this, they apply a method dubbed eco-efficiency; this calls for down-to-earth techniques such as optimizing data centers for efficiency, fuel economy, and increasing the durability of products. Effective though it was the KKR and EDF didn’t see the totality of the program’s benefits until the man responsible for the Green Portfolio Project, Ken Mehlman, evaluated the numbers from the program after its first year in operation. Only then did Ken notice that utilizing eco-efficiency wasn’t just protecting the environment, but it was also helping to save business concerns a great deal of money, making the program almost an immediate hit. Just about all of the firms linked with Kohlberg, Kravis, Roberts & Co and Ken Mehlman today participate in the Green Portfolio Project. Considering that this group of companies is worth virtually 100.000,000,000 USD, you may be certain this was no easy feat. The initial project has evolved far beyond its initial remit and today includes new ventures. The Climate Corps Program founded by the EDF is an example of this, it advances ecologically friendly business principles to MBA interns. KKR and Ken Mehlman have taken the time to develop products that measure and manipulate various resources. This type of information is critical as any business can assess their daily processes and discover where any problems may be solved while simultaneously seeing their progress. Today’s business world has been transformed by the efforts of these people. So, in conclusion, the work of these organizations has made green business practice not only viable, but commercially desirable, and their radical ideas are setting a new standard in today’s community.
