Milestone Year for KKR's Green Portfolio Program, Delivering Nearly $1.2 Billion in Financial Impact Since 2008 With Record Number of Companies Reporting
25 Portfolio Companies Avoid More Than 2.3 Million Metric Tons of Greenhouse Gas Emissions and 27 Million Cubic Meters of Water Use Since 2008
"This is an important milestone for the Green Portfolio Program," said
The GPP is an operational improvement program that assesses critical business activities of KKR's participating private equity portfolio companies through an environmental lens. Launched in partnership with
- Avoided more than 2.3 million metric tons of GHGs, to put this into context it is the same as being able to power 217,000 homes and drive 156,500 cars for a year
- Avoided 27 million cubic meters of water use, enough water to fill nearly 11,000 Olympic-sized swimming pools
- Avoided 6.3 million tons of waste, while also recycling more than 1.6 million tons of waste, enough to fill approximately 450,000 garbage trucks.
"When we launched this program with KKR, we were optimistic about where it could go," said
Since its inception, portfolio companies across
"This is a chance for us to look back and appreciate all that we have accomplished," said
For more on KKR's Green Portfolio Program and the participating private equity portfolio companies, visit www.green.kkr.com.
To watch KKR's video on creating sustainable value, visit www.kkr.com/creating-sustainable-value.
To read KKR's annual Environmental, Social, and Governance (ESG) and Citizenship report, visit www.kkresg.com
KKR is a leading global investment firm that manages investments across multiple asset classes including private equity, energy, infrastructure, real estate, credit and hedge funds. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and driving growth and value creation at the asset level. KKR invests its own capital alongside its partners' capital and brings opportunities to others through its capital markets business. References to KKR's investments may include the activities of its sponsored funds. For additional information about
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