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Kohlberg, Kravis, Roberts & Co (KKR) was founded in the seventies and orginally their specialization was in highly leveraged transactions. But recently they have put together a unique green project which centers not only on optimized profit margins, but in addition on the ecological impact of the companies they acquire. Environmentally sound business processes went mainstream a year ago when Kohlberg, Kravis, Roberts & Co’s Henry Kravis and the New York based Environmental Defense Fund (EDF) got together. Their corporate mission is to encourage their associated enterprises in avoiding environmental threats such as air pollution and excessive water consumption. To accomplish these goals, they deploy eco-efficiency, this involves down-to-earth techniques like maximum use of renewable resources, increasing the durability of products, and reducing the dispersion of toxic chemicals. The project was successful, but the management did not even understand the range of the project’s benefits until the executive in charge of the program, Ken Mehlman, studied the program when it had been operating for its first twelve months. Much to everyone’s surprise, Ken found that using eco-efficiency not only served in proctecting the local environment, but was increasing the profitability of all their business organizations besides. Virtually all of the firms connected with Kohlberg, Kravis, Roberts & Co and Ken Mehlman nowadays are involved in eco-efficiency techniques. When you look at the fact that this portfolio of companies has a value of $86 billion, you can be certain this was no easy accomplishment.

The original Green Portfolio project now encompasses new ventures. For example, Kohlberg, Kravis, Roberts & Co joined the Environmental Defense Fund’s Climate Corps Program that instructs interns taking a Master’s degree in Business Administration how to formulate and start cost effective, green techniques.

KKR and Ken Mehlman have been creating metrics that can measure and administer resources. Programs such as these permit any company to measure their progress and discover any practices that may need some re-evaluation. Henry Kravis, the KKR, and the Environmental Defense Fund are visionaries in the business world. In conclusion, the work of these organizations has made green business techniques not only viable, but commercially desirable, and their revolutionary ideas are setting a new standard in the business world of today.