Ken Mehlman of Kohlberg, Kravis, Roberts & Co. , the Environmental Defense Fund and the Changing Face of Environmentally Aware Business
When Henry Kravis and his business partner George Roberts founded Kohlberg, Kravis, Roberts & Co (KKR) in the seventies with some help from the First Chicago Corporation, their specialty was in bootstrap buyouts. Lately, hoping to make the companies they acquire more ecologically friendly, they have rolled out a novel green enterprise that has changed the method by which businesses and environmental groups function.
Green business procedures became more broadly acceptable in 2008 when KKR’s Henry Kravis and the non-profit Environmental Defense Fund (EDF) got together. The coalition wants to oppose crucial issues affecting the ecology of the planet, including toxic emissions, resource depletion, enormous water consumption, and hazardous waste. Eco-efficiency (a phrase first submitted by the World Business Council for Sustainable Development WBCSD) is the technique used to achieve these targets, utilizing policies such as waste reduction, reducing the waste of resources and increasing the durability of products. Even though the program was an enormous success, people just did not understand how important the effects really were until Ken Mehlman, the head of the program and global public affairs, finished the review of the first twelve months.
Ken Mehlman who received his J.D. from Harvard Law School in 1991, has also served as field director for George W. Bush’s 2000 presidential campaign, managed the 2004 re-election campaign for President Bush and currently serves as a member of the Senior Advisory Committee of the Harvard University Institute of Politics, the board of directors at the National Endowment for Democracy, and the executive leadership cabinet of the Martin Luther King, Jr. National Memorial Foundation, observed that eco-efficiency was not only helping to protect the local environment, but it was also saving a colossal range of companies a substantial sum of money, making the program almost an instant hit. To date, KKR and Ken Mehlman have well-nigh every last company in their portfolio actively involved in eco-efficiency principles. Still, with a current portfolio with an estimated worth of $86,000,000,000, you may be sure that this was no easy see what an enormous feat this is.
The Green Portfolio project has evolved beyond its original purpose and nowadays encompasses new opportunities. The Climate Corps Program established by the EDF is just one of these initiatives, it advances eco-efficient techniques to students taking a Master’s in Business Administration. Lately, Ken Mehlman has been working closely with Kohlberg, Kravis, Roberts & Co to produce a series of analytical tools that firms can utilize to measure assorted resources. These systems permit management to measure their progress and identify any problem areas. Henry Kravis, the KKR, and the Environmental Defense Fund really are trailblazers when it comes to developing green business techniques. Their radical concepts have simplified the procedure for business organizations in every industry and illustrated that making profits need not entail the hefty price of damaging the environment.
