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Kohlberg, Kravis, Roberts & Co (KKR) was set up by Henry Kravis and George Roberts in 1976 with the assistance of the First Chicago Corporation. However, they have assembled a unique project that focuses not simply on profitability, but likewise on how environmentally aware each of their companies are. Kohlberg, Kravis, Roberts & Co’s Henry Kravis and the independent Environmental Defense Fund (EDF) merged last year, with the goal of making environmentally friendly business practice an accepted concept. Critical matters like toxic chemical use and inordinate water consumption are an all-important part of their company mission statement.

To accomplish these goals, they apply a methodology dubbed eco-efficiency, this uses down-to-earth techniques like increasing the durability of products, reducing the dispersion of toxic chemicals, and waste reduction. Simple and effective, even so the KKR and EDF did not understand the entirety of the program’s benefits until the man responsible for the Green Portfolio Project, Ken Mehlman, reviewed the project when it had been operating for a year.

Ken who graduated from Franklin and Marshall College in 1988, has also served as Chief of Staff for Texas 12th Congressional District Representative Kay Granger, became Managing Director and Head of Global Public Affairs at Kohlberg Kravis Roberts & Co, LLP in 2008, is, moreover, a trustee of Franklin & Marshall College and the United States Holocaust Memorial Museum and presently serves as a member of the Senior Advisory Committee of the Harvard University Institute of Politics, the Council on Foreign Relations Climate Change Task Force, and the board of directors at the National Endowment for Democracy, found that the program wasn’t solely cutting impact on the planet, but in addition it was helping to save companies a significant amount of money. Almost all of the business organizations connected with KKR and Ken Mehlman today use eco-efficiency. And, with a 2009 portfolio worth 86 billion dollars, you can be sure this was no easy see what an enormous feat this is. KKR with the Environmental Defense Fund alongside Ken Mehlman are expanding the original Green Portfolio project. The Climate Corps Program administered by the Environmental Defense Fund is one of these enterprises, it promotes environmentally friendly principles to students taking a Master’s in Business Administration.

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KKR and Ken Mehlman have been formulating products that quantify and oversee various resources. These metrics can assess an organization’s ecological impact and discover any problem areas. The business community has been revolutionized by the ground breaking efforts of these individuals. In conclusion, these systems have made ecologically friendly business techniques not only viable, but commercially desirable, and their novel ideas are setting a new standard in the business world of today.