KKR's Green Portfolio Program Achieves 3 Major Milestones
KKR (NYSE: KKR) announced the fourth year of results from its Green Portfolio Program (GPP) today. Launched in 2008 with Environmental Defense Fund (EDF), the GPP comprises 24 enrolled KKR private equity portfolio companies focused on improving their environmental and business performance around the world. Through efforts in energy and water efficiency, better waste handling, and operational improvements, the reporting portfolio companies achieved approximately $644 million in combined financial impact and avoided more than 1.2 million metric tons of greenhouse gas emissions, 3.4 million tons of waste, and 13.2 million cubic liters of water use, cumulatively from 2008 through 2011.
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