How does a private equity firm improve the environment? What do you do in order to leverage your resources to support projects and people that do good for the world- yet still turn a profit?
If you’re part of Kohlberg Kravis Roberts (KKR) the answer is easy. You simply use your vast experience and resources to partner with environmentally friendly companies and help them improve. KKR doesn’t just throw money at causes, they utilize their portfolio company management teams to build stronger, better companies. The companies they work are more productive on “key environmental, social, and governance (ESG) issues.”
“The power of partnership I think is the very root of the energy and infrastructure business at KKR,” Marc Lipschultz explained in a KKR video entitled “Partnership in Energy and Infrastructure.” “What’s unique about the KKR approach to energy and infrastructure is the breadth and depth of what we are interested in and what we invest in and at the center… is the notion of being a good partner to the center.