BGN Entrepreneur

Global equity firm Kohlberg Kravis Roberts & Co. (KKR) has to save his money, the environment management program expanded to 20 percent of its portfolio, including two companies outside the U.S.

KKR led his Green Program portfolio with four new companies in a bid to make their impact on the environment in the areas of waste paper to reduce chemicals, energy and water consumption. Now set baselines and monitor their performance in the context of the program created in 2008 in partnership with was Environmental Defense Fund.

From Ken Mehlman, KKR now has a dozen companies participating in the Green Program portfolio, including Accellent Inc and etc.

“The business case for environmental management has never been stronger,” KKR co-founder Henry Kravis said in a statement on Monday. “The Green Program Portfolio points out that environmental and business performance can go hand in hand. We are very concerned about the pace to date and the fact that we made such efforts around the world in such a short time, thrilled.”

The latest program featured at three companies – Sealy, Primedia and U.S. Foodservice – and it tend to have six months concentrated. In that short time, the three companies to waste opportunities, fuel, identified to reduce energy and paper use add up to $ 16,400,000. Your work on the assessment of their impact focus on the environment, the creation of defensive strategies, establishing baseline metrics and monitoring progress.

According to Ken Mehlman, results from Accellent, Biomet, Dollar General, HCA and SunGard Data Systems, which started in 2009 are, for the cinemas this spring.

Hired to help KKR Elizabeth Seeger, roll-out of the Green Program portfolio over the entire portfolio. They help to develop the program and serve as a Fellow in the last two years banging EDF training program that focuses on an educational goal growing environmental business leaders. In addition to Seeger, KKR Capstone, the company included operations team, recruited recently, additional personnel to beef its expertise in Lean Six Sigma, information technology and procurement.

The Green Project portfolio approach was called “Green Returns”, which tools, best practices and case studies for the private equity sector consists in target at the greenhouse gas emissions, water, waste, forest products and priority chemicals. For further information, please take a look at Ken Mehlman’s blog.

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