Eco-Efficiency — How Every Business Can Protect the Planet and Still Increase Profits
Kohlberg, Kravis, Roberts & Co (KKR) was set up in the mid seventies and back then the company’s main business was in highly leveraged transactions. But recently they have assembled a remarkable green enterprise that concentrates not alone on optimized profit margins, but additionally on how ecologically aware each of the companies in their portfolio currently are. When Henry Kravis from KKR and the New York based Environmental Defense Fund (EDF) got together last year environmental issues in the business community became a hot topic. This alliance wanted to oppose primary issues impeding the ecology of the planet, including toxic emissions, toxic chemical use, inordinate water consumption, and water pollution.
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Eco-efficiency (a term first advertised by the World Business Council for Sustainable Development WBCSD) is the methodology deployed to achieve these aims, through applying techniques like recycling programs, optimizing data centers for efficiency and waste reduction. Although the program was a colossal success, no-one recognized how extensive the results were until Ken Mehlman, the man responsible for the program, carried out the review of the first twelve months. Outdoing everybody’s expectations, Ken found that eco-efficiency not only lessened the impact on the environment, but was increasing the profits from every last business as well. To date, Kohlberg, Kravis, Roberts & Co and Ken Mehlman have almost every associated company involved in eco-efficiency principles. Nevertheless, when you consider that the group has a 2009 business portfolio valued at 86,000,000,000 USD, you may be certain this wasn’t a simple achievement.
Kohlberg, Kravis, Roberts & Co and the Environmental Defense Fund in association with Ken Mehlman are further expanding the initial Green Portfolio project. For instance, KKR got together with the EDF’s Climate Corps Program that teaches MBA students how to introduce cost-effective, green techniques.
KKR and Ken Mehlman have been formulating metrics which oversee various resources. This type of data is invaluable as businesses can assess all of their day to day processes and identify where they can solve any problems while at the same time seeing their progress. Today’s business world has been completely revolutionized by the ground breaking work of these people. Their unique concepts have made cutting back their ecological impact less complicated for businesses in any sector and established that making profits need not entail the hefty price of negatively impacting our planet.
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