Business and Ecology — Ken Mehlman of Kohlberg, Kravis, Roberts & Co. And the Environmental Defense Fund
Kohlberg, Kravis, Roberts & Co (KKR) was launched by Henry Kravis and George Roberts in 1976 with the help of the First Chicago Corporation. But going beyond, in an outstanding effort to make their acquisitions have less environmental impact, they have founded a unique green enterprise that has completely transformed the method by which business concerns and environmental groups work together.
Kohlberg, Kravis, Roberts & Co’s Henry Kravis and the non-profit environmental advocacy group Environmental Defense Fund (EDF) got together last year, hoping to make environmentally aware business operation a widespread concept. Their goals include encouraging their associated firms in opposing environmental threats like toxic chemical use as well as any imprudent water consumption. Eco-efficiency (the phrase was first endorsed by the World Business Council for Sustainable Development WBCSD) is the formula applied to achieve these aims, through using green techniques such as maximum use of renewable resources, waste reduction and optimizing data centers for efficiency. Regardless of the fact that the project was a huge success, no-one realized how incredible the effects actually were until Ken Mehlman, the person responsible for the project, finished the first annual review.
Ken 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, moreover, a trustee of Franklin & Marshall College and the United States Holocaust Memorial Museum and currently serves as a member of the executive leadership cabinet of the Martin Luther King, Jr. National Memorial Foundation, the board of directors at the National Endowment for Democracy, and the Council on Foreign Relations Climate Change Task Force, observed that utilizing eco-efficiency was not just cutting ecological impact, but in addition it was helping to save companies a great deal of money, and so the Green Portfolio project became almost an instant hit. To date, KKR and Ken Mehlman have virtually all of their firms engaged in the Green Portfolio Project. When you consider that this group of companies is valued at 86 billion dollars, you can imagine what an enormous achievement this really was. The two groups in association with Ken Mehlman have also developed the initial program. The Climate Corps Program administered by the EDF is just one of these, it promotes planet friendly principles to students studying for an MBA. More recently, Ken Mehlman has cooperated closely with Kohlberg, Kravis, Roberts & Co to produce analytic tools which businesses can use to quantify assorted resources. With this information available, companies can evaluate each of their day-to-day procedures and identify how any issues may be resolved while simultaneously seeing their progress.
Today’s business community has been changed forever by the environmentally centered efforts of these organizations. So, in conclusion, the work of these organizations has made green business techniques not only viable, but commercially desirable, and their radical ideas are setting a new standard in the competitive business world of today.
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