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Kohlberg, Kravis, Roberts & Co (KKR) was founded by Henry Kravis and his partner George Roberts in the 1970’s with the assistance of the First Chicago Corporation. However, they have put together an exceptional enterprise that centers not only on how profitable a corporate entity is, but additionally on how environmentally aware each of their companies are. When Henry Kravis from KKR and the Environmental Defense Fund (EDF) merged a year ago environmental issues in the business community became major topic of dicussion. This coalition intends to oppose big environmental issues, for example hazardous chemicals, depletion of the ozone layer, unrestrained water consumption, and hazardous waste.

In order to achieve this, they employ eco-efficiency; this makes use of techniques like improving fuel economy through vehicle fleet maintenance, increasing the durability of products, and optimizing data centers for efficiency. Although the program was an enormous success, staff simply didn’t understand how incredible the effects actually were until Ken Mehlman, the executive in charge of the project, reviewed the first year’s profits.

Eclipsing everyone’s expectations, Ken saw that the program not only lessened the impact on the environment, but also increased the the profit from all their businesses too. Virtually all of the businesses owned by Kohlberg, Kravis, Roberts & Co and Ken Mehlman nowadays utilize eco-efficiency. And, with a 2009 business portfolio worth $86,000,000,000, you can be certain this wasn’t a simple feat.

KKR with the EDF in association with Ken Mehlman have also enlarged on the initial project. For example, KKR linked up with the Environmental Defense Fund’s Climate Corps Program a venture that instructs MBA interns how to encourage financially strong, ecologically friendly practices. More recently, Ken Mehlman has been collaborating closely with Kohlberg, Kravis, Roberts & Co to develop a variety of metrics and analytical tools which firms can employ to quantify and manage a number of resources. With this information available, any business can study their daily procedures and identify where they can solve any problems while at the same time seeing their progress. Henry Kravis, the KKR, and the Environmental Defense Fund are genuine groundbreakers in the business world. So, in conclusion, these systems have made green business practice not only viable, but commercially desirable, and their radical ideas are setting a new standard in the business world of today.