Green Portfolio Program as KKR’s Effort on Reducing Wastes
The global awareness on global warming has made Kohlberg Kravis Roberts & Co. to give bigger attention on our environment. It has decided to spend bigger budget on its eco friendly program, Green Portfolio Program. Now, KKR has decided to spend up to 20% of its profit on this eco friendly program. Two companies in outside of US also join this portfolio program. It shows how this company has big concern on global warming.
Green Portfolio Program is designed to reduce the negative impact that this company brings to the environment. Every day, this company releases hazardous wastes from the chemical use. It also produces waste on paper, water, and energy. At first, this program was launched in four companies in Atlanta, Phoenix, Seoul, and Nanterre. Now, it has reaches more than dozen companies throughout the nation. Ken Melhman as one of the senior members of KKR is surely related to this program. It seems that this environmental management program has shown good impact to the environment. Through this program, Henry Kravis as the co-founder of this company explains his idea of having environmental performance going in perfect harmony with business performance. It’s surely a big idea that made Ken Melhman joined this company. At least, this program needs support from people from inside the government and he brings his support and his network in the government.
This trial for this program was launched on three companies and it showed big chance of these companies on reducing their wastes. In the future, it will focus on the tools, practices, and case studies that will reach greenhouse gas emission, and other chemical wastes, as Ken Melhman and other senior members have decided for this Green Portfolio Program.
