The Management Consulting Group

Kohlberg, Kravis, Roberts & Co (KKR) was set up by Henry Kravis and his business partner George Roberts in 1976 with the help of the First Chicago Corporation. However, they have set up an extraordinary venture that centers not merely on how much profit they can net, but additionally on the ecological impact of the companies they invest in.

Environmentally sound business practice went mainstream last year when Kohlberg, Kravis, Roberts & Co’s Henry Kravis and the non-profit Environmental Defense Fund (EDF) merged. Issues like air pollution and unrestricted water consumption are a top priority in their corporate mission statement.

To accomplish these goals, they use eco-efficiency which involves concepts such as increasing the durability of products, optimizing data centers for efficiency, and using clean energy. Even though the program was a tremendous success, managment simply didn’t understand how important the results actually were until Ken Mehlman, the executive responsible for the program, finished the first annual review. Only at that point did Ken realize that using eco-efficiency was not only lessening environmental impact, but it was also saving a large range of businesses a remarkable amount of money, making the program virtually an instant hit. Just about all of the commercial organizations affiliated to Kohlberg, Kravis, Roberts & Co and Ken Mehlman at present utilize eco-efficiency. Seeing that the group has a net worth of virtually one hundred billion USD, you can imagine what an accomplishment this really was.

Kohlberg, Kravis, Roberts & Co in association with Ken Mehlman are further extending the original project. The Climate Corps Program founded by the EDF is just one of these initiatives, it promotes earth friendly principles to MBA interns.

KKR and Ken Mehlman have been creating products that can measure and oversee various resources. These products can measure a company’s progress and identify any practices which might need to improve.

Today’s business world has been altered forever by the ground breaking efforts of these people. So, to summarize, these systems have made green business practice not only viable, but commercially desirable, and their radical ideas are setting a new standard in the business world of today.