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Kohlberg, Kravis, Roberts & Co (KKR) was launched in the seventies and to begin with their specialty was in highly leveraged transactions. More recently, in an uncommon endeavor to make the businesses in their portfolio more ecologically friendly and more profitable in the same stride, KKR have rolled out an extraordinary green project which has entirely changed the way business concerns and environmental groups function. KKR’s Henry Kravis and the non-profit environmental advocacy group Environmental Defense Fund (EDF) merged a year ago, intending to make green business practices an accepted principle. This alliance aims to help resolve fundamental matters damaging the environment, for instance toxic waste, resource depletion, preposterous consumption of water resources, and depletion of the ozone layer.

In order to accomplish this, they utilize eco-efficiency, this uses techniques such as recycling programs, waste reduction, and fuel economy. Although the project was a colossal success, no-one recognized how incredible the consequences were until Ken Mehlman, the person in charge of the project, carried out the review of the first 12 months. Ken Mehlman learned that practicing eco-efficiency wasn’t only helping to save the environment, but it was also helping to save business concerns a large amount of money, and so the Green Portfolio project was almost an immediate success. Well-nigh all of the commercial concerns affiliated to KKR and Ken Mehlman today are involved in the project. However, when you consider that the group has a 2009 business portfolio worth eighty six billion dollars, you can be certain that this was not a simple feat.

The Green Portfolio project now includes new ventures. For instance, Kohlberg, Kravis, Roberts & Co got together with the Environmental Defense Fund’s Climate Corps Program an organization that teaches students studying for a Master’s degree in Business Administration how to formulate and initiate financially shrewd, green techniques. KKR and Ken Mehlman have made the effort to formulate metrics and analytic tools which have the ability to manage various resources. Products such as these allow a company to assess their progress and discover any problem areas. Henry Kravis, the KKR, and the Environmental Defense Fund are innovators when it comes to developing green business techniques. These developments have simplified the procedure for firms in every industry and established that making profits need not entail the hefty price of negatively impacting our planet.