The Context Machine

Kohlberg, Kravis, Roberts & Co (KKR) was established by Henry Kravis and his business partner George Roberts in the mid-seventies with support from the First Chicago Corporation. Pushing on, aiming to make the businesses in their portfolio greener, they have founded a unique venture which has dramatically changed the way business concerns and environmental activists carry on their day-to-day business.

Green business processes became more generally accepted a year ago when KKR’s Henry Kravis and the New York based Environmental Defense Fund (EDF) got together. Their mission is to encourage companies in fighting against operations which may threaten the environment like toxic chemicals as well as intemperate consumption of water resources. In order to accomplish these goals, they apply eco-efficiency; this makes use of concepts like reducing the waste of resources, using clean energy, and increasing the durability of products. Efficient though it was the management didn’t realize the totality of the project’s advantages until Ken Mehlman, the man responsible for the program, evaluated the project following a full year in operation.

Ken who graduated from Franklin and Marshall College in 1988, has also served as field director for George W. Bush’s 2000 presidential campaign, managed the 2004 re-election campaign for President Bush, is a trustee of the United States Holocaust Memorial Museum and Franklin & Marshall College and currently serves as a member of the Council on Foreign Relations Climate Change Task Force, the Senior Advisory Committee of the Harvard University Institute of Politics, and the executive leadership cabinet of the Martin Luther King, Jr. National Memorial Foundation, noticed that applying eco-efficiency wasn’t merely helping the local environment, but in addition it was saving firms a great deal of money, making the program virtually an instant success. Virtually all of the businesses held by KKR and Ken Mehlman at present are actively participating in eco-efficiency principles. Seeing that this portfolio of business organizations is valued at nearly 100.000,000,000 USD, you can be sure this wasn’t an easy feat.

Kohlberg, Kravis, Roberts & Co alongside Ken Mehlman are further developing the initial Green Portfolio project. For instance, Kohlberg, Kravis, Roberts & Co got together with the Environmental Defense Fund’s Climate Corps Program a venture which teaches students taking a Master’s in Business Administration how to introduce financially sound, green techniques. KKR and Ken Mehlman have made the effort to develop a variety of products that will be able to measure and oversee various resources. These products let a company see how they are impacting on the environment and identify any practices that might need some work.

The business community has been transformed forever by the efforts of Henry Kravis, the KKC, and the Environmental Defense Fund. These radical developments have simplified the process for organizations in any industry and shown that making profits need not entail the hefty price of negatively impacting our planet.