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Posts Tagged ‘ken mehlman’

Originally, when Henry Kravis and George Roberts established Kohlberg, Kravis, Roberts & Co (KKR) in the mid-seventies with the help of the First Chicago Corporation, the firm’s focus was in bootstrap buyouts. Lately, however, in an exceptional effort to make their acquisitions more environmentally aware and more profitable in the same stride, they have set in motion a groundbreaking green proposal that has completely changed the method by which businesses and environmental agencies work.

KKR’s Henry Kravis and the New York based Environmental Defense Fund (EDF) got together in 2008, hoping to make green business practice an accepted concept. Key environmental issues like greenhouse gas emissions and intemperate consumption of water resources are an important part of their company mission statement.

In order to attain these goals, they utilize eco-efficiency, this involves techniques like waste reduction, improving fuel economy through vehicle fleet maintenance, and optimizing data centers for efficiency. Successful though it was the companies involved did not understand the full project’s advantages until Ken Mehlman, the head of the program and global public affairs, studied the program after its first year in operation.

Ken Mehlman observed that eco-efficiency wasn’t simply helping the local environment, but additionally it was saving business concerns a substantial sum of money, and therefore the program became virtually an immediate success. These days, Kohlberg, Kravis, Roberts & Co and Ken Mehlman have nearly every associated company involved in the Green Portfolio Project. Still, with a current business portfolio with a value of 86 billion dollars, you may be certain that this wasn’t an easy see what an enormous accomplishment this is.

These two groups with the help of Ken Mehlman have also developed the Green Portfolio project. For example, KKR joined the EDF’s Climate Corps Program which teaches students studying for an MBA how to develop and start cost-effective, ecologically friendly principles. KKR and Ken Mehlman have been developing a package of metrics and analytic tools that will be able to quantify and administer resources. These metrics allow any business organization see how they are progressing and discover any problem areas. Today’s business world has been transformed permanently by the environmentally focused efforts of Henry Kravis, the KKC, and the Environmental Defense Fund. These radical developments have simplified the process for businesses in any industry and shown that running a profitable business need not entail the hefty price of damaging the environment.

Kohlberg, Kravis, Roberts & Co (KKR) was founded in 1976 and back then their specialization was in ‘bootstrap’ buyouts. But just a year ago they have set up an innovative green project which concentrates not only on how lucrative a corporation is, but in addition on the environmental impact of the companies they acquire.

When Henry Kravis from KKR and the Environmental Defense Fund (EDF) joined forces a year ago environmental issues went mainstream. The coalition wanted to fight a few important issues hurting the ecology of the earth, for instance hazardous chemicals, resource depletion, colossal consumption of water resources, and global warming.

Eco-efficiency (a phrase first coined by the World Business Council for Sustainable Development WBCSD) makes up the framework for their mission, utilizing green techniques such as reducing the waste of resources, using clean energy and optimizing data centers for efficiency. Although the project was a colossal success, people just didn’t recognize how incredible the effects really were until Ken Mehlman, the person responsible for the project, finished the first annual review. Ken Mehlman who graduated from Franklin and Marshall College in 1988, has served as legislative director to Texas 21st Congressional District Representative Lamar S. Smith, became Managing Director and Head of Global Public Affairs at Kohlberg Kravis Roberts & Co, LLP in 2008, is, furthermore, a trustee of the United States Holocaust Memorial Museum and Franklin & Marshall College and presently serves as a member of the board of directors at the National Endowment for Democracy, and the Council on Foreign Relations Climate Change Task Force, noticed that the project wasn’t only helping the environment, but it was also helping to save firms a great deal of money. Virtually all of the business concerns owned by KKR and Ken Mehlman today are involved in eco-efficiency. Nevertheless, when you consider that the group has a 2009 business portfolio valued at eighty six billion dollars, you may be sure that this wasn’t an easy feat.

The initial Green Portfolio project has grown far beyond its primary purpose and at present encompasses new opportunities. The Climate Corps Program administrated by the Environmental Defense Fund is an example of this, it advances environmentally friendly principles to MBA interns.

KKR and Ken Mehlman have taken the time to formulate products that measure and manage resources. These tools can assess an organization’s ecological impact and discover any practices that may need to improve.

Henry Kravis, the KKC, and the Environmental Defense Fund have made going green simpler for business organizations large and small. So, to summarize, these systems have made green business practice not only viable, but commercially desirable, and their novel ideas are setting a new standard in the business world of today.