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Kohlberg, Kravis, Roberts & Co (KKR) was launched by Henry Kravis and George Roberts in the mid 70’s with some assistance from the First Chicago Corporation. Pushing further, in the hope of making the businesses they purchase greener and more profitable to boot, they have rolled out a unique enterprise which has changed the way businesses and environmental agencies operate. When Henry Kravis from KKR and the Environmental Defense Fund (EDF) merged in 2008 environmental matters went mainstream. Their goals include encouraging their affiliated enterprises to oppose environmental menaces e.g. resource depletion not to forget any intemperate water consumption. In order to implement this, they employ a procedure termed eco-efficiency, this uses practicable techniques like optimizing data centers for efficiency, reducing the dispersion of toxic chemicals, and fuel economy. Simple and effective, yet the management didn’t understand the entirety of the project’s advantages until the head of the program and global public affairs, Ken Mehlman, evaluated the program after its first year in operation. Knocking off all expectations, Ken saw that this program not only enhanced environmental responsibility, but was increasing the the net profit from all their businesses too. Currently, Kohlberg, Kravis, Roberts & Co and Ken Mehlman have succeeded in getting nearly every associated business participating in the program. Seeing that the group is worth $86,000,000,000, you can see what a huge accomplishment this really is.

Kohlberg, Kravis, Roberts & Co and the Environmental Defense Fund in association with Ken Mehlman are extending the original Green Portfolio project. The Climate Corps Program administrated by the EDF is just one of these, it promotes eco-efficient techniques to students taking a Master’s in Business Administration. KKR and Ken Mehlman have been creating metrics and other related systems which have the ability to oversee various resources. Programs such as these can evaluate an organization’s progress and discover any problem areas.

Today’s business community has been completely revolutionized by the work of Henry Kravis, the KKC, and the Environmental Defense Fund. So, in conclusion, 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 business world of today.