KKR & Co. L.P.
KKR forms partnership with Transparency International
NEW YORK--(BUSINESS WIRE)--
Kohlberg Kravis Roberts & Co. L.P. (together with its affiliates, "KKR")
today announced a partnership with Transparency International, the
global anti-corruption non-governmental organisation.
Ken Mehlman, Head of Public Affairs at KKR, commented: "KKR is committed
to responsible investing and believes that thoughtful consideration of
environmental, social and governance ("ESG") issues is a critical
component of value creation. This global partnership with Transparency
International will help us to further enhance our investment and company
stewardship processes, specifically in the field of business integrity.
"KKR's partnership with Transparency International adds to the firm's
network of external partners, including with Business for Social
in the field of protection of human rights in the supply chain, and with
the Environmental Defense Fund (http://www.edf.org/),
with whom we founded our landmark Green Portfolio Program, driving the
environmental and financial performance of KKR's portfolio companies."
Karen Egger, Head of Private Sector Programs at Transparency
International, added: "This partnership presents a great opportunity for
us to extend our outreach and advocacy in the private sector by being
involved in KKR's best practice meetings and working with its portfolio
companies around the world. The global fight against corruption requires
extensive resources and this partnership with KKR will help us have a
Transparency International is a civil society organisation that
encourages private sector practices that are founded on integrity and
accountability. It works with business partners that have demonstrated a
commitment to an anti-corruption agenda through their internal policies
and procedures and external activities, support and communications. Its
partnership with KKR is the first within the private equity industry.
- ENDS -
Founded in 1976 and led by Henry Kravis and George Roberts, KKR is a
leading global investment firm with $62.3 billion in assets under
management as of March 31, 2012. With offices around the world, KKR
manages assets through a variety of investment funds and accounts
covering multiple asset classes. KKR seeks to create value by bringing
operational expertise to its portfolio companies and through active
oversight and monitoring of its investments. KKR complements its
investment expertise and strengthens interactions with investors through
its client relationships and capital markets platform. KKR is publicly
traded on the New York Stock Exchange (NYSE: KKR). For additional
information, please visit KKR's website at www.kkr.com.
About Transparency International
Transparency International is the global civil society organisation
leading the fight against corruption. Through more than 90 chapters
worldwide and an international secretariat in Berlin, Germany, TI raises
awareness of the damaging effects of corruption and works with partners
in government, business and civil society to develop and implement
effective measures to tackle it. For additional information, please
visit Transparency International's website at www.transparency.org.
(0)20 7251 3801
Kohlberg Kravis Roberts &
+1 (212) 750-8300
(1) 53 70 74 93
Head of Media and Public Relations
+49 30 34 38 20 666
News Provided by Acquire Media