The History of Ken Mehlman of Kohlberg, Kravis, Roberts & Co and the Environmental Defense Fund

Filed under: Baker's Dozen, Living With Social Sites — admin at 3:24 pm on Tuesday, December 22, 2009

Kohlberg, Kravis, Roberts & Co (KKR) was set up by Henry Kravis and his partner George Roberts in the mid 70’s with the support of the First Chicago Corporation. Recently they have put together a unique green proposal which centers not alone on how profitable an enterprise is, but likewise on how environmentally aware each of their companies are.

Environmentally friendly business processes went mainstream last year when Kohlberg, Kravis, Roberts & Co’s Henry Kravis and the non-profit environmental advocacy group Environmental Defense Fund (EDF) joined forces. The coalition intends to tackle a number of primary green matters, including hazardous emissions, air pollution, absurd water consumption, and soil contamination. To accomplish this, they deploy eco-efficiency which makes use of concepts such as optimizing data centers for efficiency, fuel economy, and reducing the intensity of materials. Irrespective of the fact that the program was a tremendous success, managment just didn’t understand how extensive the effects were until Ken Mehlman, the man in charge of the project, analyzed the numbers for the first year.

Outdoing all expectations, Ken realized that eco-efficiency not only raised environmental responsibility, but was also increasing the profits from all their businesses as well. At the time of writing, KKR and Ken Mehlman have managed to get nearly every associated organization involved in eco-efficiency. Seeing that the whole portfolio is worth 86 billion dollars, you may see what an enormous accomplishment this is. Kohlberg, Kravis, Roberts & Co and the Environmental Defense Fund in association with Ken Mehlman are further expanding the Green Portfolio project. For example, Kohlberg, Kravis, Roberts & Co joined the Environmental Defense Fund’s Climate Corps Program a venture which instructs interns studying for an MBA how to develop and introduce cost-efficient, green practices. In addition, Ken Mehlman has been cooperating closely with Kohlberg, Kravis, Roberts & Co to produce systems which business organizations can employ to measure resources. These tools can measure a company’s progress and identify any underlying issues. Today’s business community has been transformed permanently by the pioneering efforts of Henry Kravis, the KKC, and the Environmental Defense Fund. So, in conclusion, these systems have made ecologically friendly business techniques not only viable, but commercially desirable, and their novel ideas are setting a new standard in the business world of today.

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