Buyout firm Kohlberg Kravis Roberts & Company is partnering with the Environmental Defense Fund to help it improve the environmental performance of the dozens of businesses it owns. As one of the largest private equity firms, its decision to back environmental enterprises could push other firms to get into the green game.

Kohlberg Kravis’s partnership with Environmental Defense is aimed at creating measurement tools of environmental performance across several areas, from energy efficiency and greenhouse-gas emissions to water consumption and containment of toxic substances across all of its businesses.

 

New York Times; May 1, 2008