Talent Agency 411

Kohlberg, Kravis, Roberts & Co (KKR) was launched in the mid 70’s and to begin with their focus was in leveraged buyouts. More recently, however, in the hope of making the businesses in their portfolio greener, they have set up an exceptional green proposal which has fundamentally changed the method by which businesses and environmental groups operate.

Environmentally aware business processes became more widely recognized last year when Kohlberg, Kravis, Roberts & Co’s Henry Kravis and the non-profit environmental advocacy group Environmental Defense Fund (EDF) joined forces. This alliance wants to campaign against some key matters damaging the ecology of the earth, which include global warming, hazardous chemicals, immoderate water consumption, and water pollution. Eco-efficiency (the term was first promoted by the WBCSD) is the method used to achieve these objectives, employing green policies like waste reduction, optimizing data centers for efficiency and fuel economy. Irrespective of the fact that the program was a colossal success, no-one realized how far reaching the effects actually were until Ken Mehlman, the head of the program and global public affairs, finished the review of the first year. Ken Mehlman who practiced environmental law for Akin Gump Stauss Hauer & Feld, has served as field director for George W. Bush’s 2000 presidential campaign, was appointed to the U.S. Holocaust Memorial Council in 2007 and presently serves as a member of the executive leadership cabinet of the Martin Luther King, Jr. National Memorial Foundation, and the board of directors at the National Endowment for Democracy, found out that the Green Portfolio Project was not only preserving the local environment, but in addition it was saving businesses a remarkable amount of money, and so the Green Portfolio project became virtually an instant success. To date, Kohlberg, Kravis, Roberts & Co and Ken Mehlman have succeeded in getting nearly every associated business actively taking part in the project. Seeing that the total portfolio is worth nearly $100,000,000,000 dollars, you can imagine what an achievement this really is. The original Green Portfolio project has evolved far beyond its initial remit and nowadays encompasses new ventures. The Climate Corps Program set up by the EDF is a great illustration of this, it heightens awareness of cost-efficient, green principles to students studying for an MBA.

KKR and Ken Mehlman have been formulating a package of products which administer various resources. These tools allow any company see how they are progressing and identify any problem areas.

Henry Kravis, the KKC, and the Environmental Defense Fund have made going green more attractive for companies all over the world. In summary, the work of these organizations has made green business techniques not only viable, but commercially desirable, and their novel ideas are setting a new standard in the high-pressure business world of today.