The Bot Bin

Saturday, November 21st, 2009

Everything You Should Know regarding Eco-Efficiency

Kohlberg, Kravis, Roberts & Co (KKR) was set up in the mid-seventies and to begin with their focus was in highly leveraged transactions. Recently they have put together an exceptional venture that concentrates not only on ramping up ROI, but also on how environmentally friendly each of the corporations in their portfolio currently are. KKR’s Henry Kravis and the non-profit Environmental Defense Fund (EDF) joined forces in 2008, with the goal of making green business practice a widely accepted idea. Crucial issues like deforestation and high water consumption rank high on their list of priorities. To implement these goals, they employ eco-efficiency which calls for concepts such as reducing the waste of resources, reducing the dispersion of toxic chemicals, and fuel economy. Even though the project was a huge success, no-one recognized how far reaching the consequences actually were until Ken Mehlman, the head of the Green Portfolio Project and global public affairs, reviewed the first year’s figures. Ken Mehlman found that the Green Portfolio Project wasn’t only protecting the local environment, but it was also helping to save a large range of companies a large sum of money. Up to now, KKR and Ken Mehlman have succeeded in getting almost all of their companies engaged in the project. Considering that this group of business organizations is worth virtually one hundred billion USD, you can see what an achievement this really is.

The initial Green Portfolio project has grown beyond its initial purpose and today includes new enterprises. The Climate Corps Program founded by the Environmental Defense Fund is just one of these, it promotes eco-efficient business techniques to students studying for a Master’s degree in Business Administration.

What is more, Ken Mehlman has collaborated closely with KKR to create a package of analytic tools and other relevant products which companies can use to measure and manage a number of resources. With this information available, companies may easily measure each of their day to day activities 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 pioneers when it comes ecologically sound business techniques. 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.

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This entry was posted on Saturday, November 21st, 2009 at 9:20 pm and is filed under Forums etc.. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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