Results
Kohlberg, Kravis & Roberts: Green Portfolio Program
Since 2008 we have been working with KKR to improve the environmental and financial performance of their global portfolio of companies. This year, thirteen companies in the U.S., Asia and Europe are reporting results in three key performance areas: energy, waste and water. Collectively, the companies have achieved significant savings and environmental improvements through energy efficiency, waste handling and process improvement initiatives totaling: $365 million in operating costs, 810,000 metric tons of greenhouse gases, 2.2 million tons of waste and 300 million liters of water.
| Company | Environmental Impact | Financial Impact |
|---|---|---|
| Accellent | 1,700 metric tons of GHG emissions | $145k |
| ATU | 5,100 metric tons of GHG emissions 105,000 tons of waste recycled |
$23.6M |
| Biomet | 7,000 tons of GHG emissions | $2.2M |
| Dollar General | 386,000 tons of GHG emissions 19 million cubic yards of waste |
$235M |
| First Data | 15,400 metric tons of GHG emissions | $1.3M |
| HCA | 107,000 metric tons of GHG emissions | $1.3M |
| Oriental Brewery | 40,000 metric tons of GHG emissions | $5.3M |
| Pets at Home | 3,400 metric tons of GHG emissions 4,000 tons of waste |
$2.4M |
| Sealy Corporation | 35,000 metric tons of GHG emissions 6.3 million lbs. of waste |
$25.6M |
| SunGard | 70,000 metric tons of GHG emissions | $10.8M |
| Tarkett | 6 metric tons of GHG emissions 5,000 tons of waste 300 million liters of water |
$6.2M |
| U.S. Foods | 142,000 metric tons of GHG emissions | $30.6M |
| WILD Flavors | 810 metric tons of GHG emissions 586,000 kilograms of waste 29,000 cubic meters of water |
$220,000 |
| TOTAL | ||
|---|---|---|
| GHG emissions | 810,000 metric tons | $365M |
| Waste | 2.2 million tons | |
| Water | 300 million liters | |
For more information on each company’s initiatives and our methodology, please visit KKR’s Green Portfolio Program website.
The Carlyle Group: EcoValueScreen
In March 2010, Carlyle and EDF announced the creation of EcoValuScreen, a new environmental due diligence framework that identifies opportunities for operational improvement and value creation through enhanced environmental management at potential investments. EcoValuScreen expands environmental due diligence beyond its traditional focus on downside risk to identify upside opportunities for operational enhancements that will lead to better environmental and financial performance. Carlyle is using this approach to more effectively evaluate the operations of a target company, identify the most promising environmental management opportunities and incorporate them into the post-investment management, governance and reporting plans of its controlled portfolio companies.
To date, EcoValuScreen has been applied to several new U.S. investments including NBTY, Inc. and Park Water Company, and has identified over a dozen net present value (NPV) positive opportunities to improve environmental performance.
See the results from select case studies >>
