Kohlberg, Kravis, Roberts & Co (KKR) was established by Henry Kravis and George Roberts in the mid-seventies with some support from the First Chicago Corporation. However, aiming to make the businesses they take over more environmentally aware and more profitable as well, they have established a unique enterprise that has completely transformed the method by which businesses and environmental activists operate.

When Henry Kravis from KKR and the non-profit environmental advocacy group Environmental Defense Fund (EDF) got together a year ago environmental matters all of a sudden became a mainstream idea. This alliance wants to oppose many challenging green issues, which include toxic chemicals, climate change, extravagant water consumption, and hazardous emissions.

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In order to accomplish these goals, they apply eco-efficiency; this calls for concepts such as fuel economy, maximum use of renewable resources, and waste reduction. Although the project was a colossal success, managment simply did not recognize how far-reaching the results were until Ken Mehlman, the head of the project and global public affairs, examined the first year’s profits.

Beating everyone’s expectations, Ken found that this program not only assisted in preserving the environment, but was increasing the the profit from every last business organization too. Just about all of the businesses owned by Kohlberg, Kravis, Roberts & Co and Ken Mehlman now are taking part in eco-efficiency. Considering that this portfolio of companies is worth 86 billion dollars, you may see what a tremendous accomplishment this is.

The Green Portfolio project has now broadened to encompass new opportunities. The Climate Corps Program established by the Environmental Defense Fund is one of these enterprises, it raises awareness of eco-efficient business techniques to students studying for a Master’s in Business Administration. KKR and Ken Mehlman have made the effort to develop a series of analytical tools that have the ability to oversee resources. Products like these let management see how green they are and identify any practices that might need to improve.

The business community has been transformed by the work of these people. In summary, the work of these organizations has made green business practice not only viable, but commercially desirable, and their novel ideas are setting a new standard in today’s world.