Everything You Need to Know regarding Eco-Efficiency
Kohlberg, Kravis, Roberts & Co (KKR) was launched by Henry Kravis and George Roberts in the 70’s with help from the First Chicago Corporation. However, they have established an extraordinary green proposal that concentrates not alone on profitability, but in addition on the environmental impact of the companies they acquire. When Henry Kravis from KKR and the Environmental Defense Fund (EDF) merged just a year ago environmental issues went mainstream. Issues like water pollution and colossal water consumption are high on their list of goals.
Eco-efficiency (the phrase was originally propagated by the WBCSD) is the formula used to achieve these goals, through applying techniques like reducing the intensity of materials, fuel economy and maximum use of renewable resources. Efficient though it was the businesses involved didn’t even realize the full benefits of the project until Ken Mehlman, the person in charge of the program, reviewed the project when it had been functioning for its first 12 months. Much to everybody’s surprise, Ken found that the program not only reduced environmental impact, but also increased the profitability of all their business organizations too. Virtually all of the companies held by Kohlberg, Kravis, Roberts & Co and Ken Mehlman now are actively engaged in eco-efficiency principles. If you consider that the group has a value of nearly $100,000,000,000 dollars, you can imagine what a feat this actually was.
Kohlberg, Kravis, Roberts & Co and the Environmental Defense Fund along with Ken Mehlman are further expanding the original program. The Climate Corps Program administered by the Environmental Defense Fund is an example of this, it raises awareness of financially sound, environmentally friendly techniques to interns taking a Master’s degree in Business Administration.
In recent months, Ken Mehlman has been cooperating closely with KKR to formulate a package of systems which companies can use to measure resources. This type of data is crucial as any type of business may easily assess their everyday processes and find out exactly how they can resolve any issues while simultaneously seeing their progress.
The business world has been revolutionized by the ground breaking efforts of these organizations. These revolutionary ideas have simplified the procedure for companies in every sector and demonstrated that making profits need not entail the hefty price of damaging the environment.
