When Henry Kravis and George Roberts established Kohlberg, Kravis, Roberts & Co (KKR) in the 1970’s with the support of the First Chicago Corporation, the company’s specialization was in highly leveraged transactions. However, they have launched an unusual project which concentrates not solely on ramping up ROI, but in addition on the environmental impact of the companies they invest in.

Green business practices went mainstream in 2008 when KKR’s Henry Kravis and the non-profit environmental advocacy group Environmental Defense Fund (EDF) merged. Issues like depletion of the ozone layer and unreasonable water consumption are an important part of their company mission.

To implement these goals, they employ eco-efficiency which involves techniques like improving fuel economy through vehicle fleet maintenance, increasing the durability of products, and waste reduction. Simple and effective, even so the firms who were taking part did not even realize the entirety of the project’s advantages until Ken Mehlman, the person in charge of the program, assessed the project subsequent to its first year in operation.

Much to everyone’s surprise, Ken saw that practicing eco-efficiency not only increased environmental awareness, but also increased the profitability of every company besides. Well-nigh all of the business organizations held by Kohlberg, Kravis, Roberts & Co and Ken Mehlman nowadays utilize eco-efficiency. All The Same, when you consider that the group has a current business portfolio with an estimated value of eighty six billion dollars, you may be certain this was no easy see what a tremendous achievement this is.

The initial program now encompasses new ventures. The Climate Corps Program established by the Environmental Defense Fund is an example of this, it campaigns for cost-effective, green practices to MBA interns. In recent months, Ken Mehlman has been in close collaboration with Kohlberg, Kravis, Roberts & Co to formulate a series of metrics that companies can employ to quantify and oversee a number of resources. Programs such as these can track a company’s ecological impact and discover any problem areas. Henry Kravis, the KKR, and the Environmental Defense Fund are true innovators in the business community. Their innovations have simplified the process for business organizations in every sector and demonstrated to the world that making profits need not entail the hefty price of damaging the environment.