Kohlberg Kravis Roberts Expands Green Portfolio; NativeEnergy Installs New Wind Turbine at Indiana High School - Energy Minute for November 1, 2012
Kohlberg Kravis Roberts and Company’s Green Portfolio now accounts for a financial impact of $365 million from cost savings through cutting energy and water consumption and reducing waste across the 13 companies in the program. Through the GPP, KKR estimates that it has avoided 2.2 million tons of waste and 810,000 of greenhouse gas emissions, and has reduced water usage by 300 million liters. KKR was the first U.S. based private equity firm to sign on to the UN’s Principles for Responsible Investment, and works with the Environmental Defense Fund in its GPP to enhance shareholder value by using sustainability as a key driver.
NativeEnergy, Northwestern School Corporation and Performance Services have completed the installation of a 900-kilowatt wind turbine on the Northwestern High School’s campus. The turbine will power school buildings and cut greenhouse gas pollution. ClifBar, Ben & Jerry’s, Aveda, and Reverb have helped the combined Indiana School Wind Project by purchasing Native Energy’s “Help Build” carbon offsets.
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