Eco-Efficiency: How Every Business Can Go Green and Even Increase Profits

Kohlberg, Kravis, Roberts & Co (KKR) was established by Henry Kravis and George Roberts in the mid-seventies with assistance from the First Chicago Corporation. Pushing further, aiming to make the companies in their portfolio greener, KKR have set up a unique green project that has totally changed the method by which businesses and environmental groups work in a major way. Kohlberg, Kravis, Roberts & Co’s Henry Kravis and the non-profit environmental advocacy group Environmental Defense Fund (EDF) got together last year, with the mission of making environmentally sound business operation an accepted principle. Their objectives include encouraging their affiliated enterprises to tackle practices which may endanger the environment such as depletion of the ozone layer as well as high consumption of water resources.

Eco-efficiency (the term was initially promoted by the World Business Council for Sustainable Development WBCSD) is the formula deployed to achieve these objectives, by utilizing techniques like optimizing data centers for efficiency, reducing the dispersion of toxic chemicals and reducing the waste of resources. Regardless of the fact that the program was a tremendous success, no-one understood how far-reaching the effects really were until Ken Mehlman, the head of the Green Portfolio Project and global public affairs, finished the first annual review.

Only at that point did Ken find out that using eco-efficiency wasn’t just cutting impact on the planet, but additionally it was helping to save businesses a significant amount of money. Well-nigh all of the companies linked with Kohlberg, Kravis, Roberts & Co and Ken Mehlman at present take part in the Green Portfolio Project. And, when you consider that the group has a 2009 business portfolio valued at $86,000,000,000, you can be certain that this was no easy achievement.

These two groups along with Ken Mehlman are expanding the Green Portfolio project. The Climate Corps Program established by the EDF is a great illustration of this, it campaigns for eco-efficient business principles to students taking a Master’s in Business Administration.

KKR and Ken Mehlman have made the effort to develop a series of metrics and analytical tools which manipulate resources. This type of information is significant as companies can analyze their everyday operations and identify how any problems may be solved while at the same time letting staff to see how green they are becoming.

Henry Kravis, the KKR, and the Environmental Defense Fund truly are groundbreakers when it comes to raising awareness of green business techniques. 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 today’s business world.

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