What You Should Know regarding Ken Mehlman of Eco-Efficiency
When Henry Kravis and his business partner George Roberts established Kohlberg, Kravis, Roberts & Co (KKR) in the mid 70’s with the assistance of the First Chicago Corporation, the company’s specialization was in bootstrap buyouts. Moving beyond, in a drive to make the businesses they buy greener, KKR have founded a unique green enterprise which has totally transformed the way business concerns and environmental agencies function.
When Henry Kravis from KKR and the non-profit Environmental Defense Fund (EDF) merged last year green matters in the business world became major discussion topic. Key issues like hazardous emissions and imprudent water consumption rank high on their agenda. In order to implement this, they use eco-efficiency which calls for concepts like maximum use of renewable resources, recycling programs, and optimizing data centers for efficiency. Efficient though it was the KKR and EDF didn’t even realize the full program’s advantages until the head of the project and global public affairs, Ken Mehlman, looked over the figures from the project subsequent to its first year in operation. Ken who practiced environmental law for Akin Gump Stauss Hauer & Feld, has also served as legislative director to Texas 21st Congressional District Representative Lamar S. Smith, was appointed to the U.S. Holocaust Memorial Council in 2007, is, moreover, a trustee of Franklin & Marshall College and the United States Holocaust Memorial Museum and currently serves as a member of the board of directors at the National Endowment for Democracy, and the executive leadership cabinet of the Martin Luther King, Jr. National Memorial Foundation, learned that eco-efficiency was not solely cutting environmental impact, but it was also saving businesses a great deal of money, and so the Green Portfolio project turned into virtually an immediate hit. Up to now, KKR and Ken Mehlman have virtually every last firm in their portfolio actively engaged in eco-efficiency principles. Still, when you consider that the group has a current business portfolio worth $86 billion, you can be certain this was no easy achievement.
The Green Portfolio project now includes new and innovative initiatives. For example, KKR linked up with the Environmental Defense Fund’s Climate Corps Program that teaches students taking an MBA how to encourage cost-effective, planet friendly practices.
What is more, Ken Mehlman has been in close collaboration with Kohlberg, Kravis, Roberts & Co to formulate a variety of metrics and other applicable products that companies can utilize to quantify resources. These tools can assess an organization’s progress and discover any problem areas.
Henry Kravis, the KKR, and the Environmental Defense Fund are innovators when it comes to advancing ecologically friendly business techniques. Their innovations have made cutting back their ecological impact easier for businesses in every industry and proved that running a profitable business need not entail the hefty price of damaging the environment.