KKR Launches Eco-Innovation Award and Announces New Green Solutions Platform Participants and Results
"Our goal with the Green Solutions Platform and now the
As part of today's announcement, KKR also released program results for 28 participating companies in the Green Solutions Platform, 10 of which are entirely new participants. Since the first GSP results announcement in
Private equity portfolio companies communicating results include Capsugel, CITIC Envirotech Ltd., First Data, Gardner Denver Nash, Gardner
The announcement of the first Eco-Innovation Award winner is expected in fall 2016. The winning portfolio company will receive a financial prize to enhance the company's broader environmental initiatives, as well as relevant and customized project enhancement support from KKR and KKR Capstone. All KKR portfolio companies globally were eligible to apply for the award and projects will be evaluated by business value, environmental sustainability impact, and eco-innovation approach. KKR will select the winner based on its own review, KKR and KKR Capstone employee feedback, and input from a panel of expert judges representing corporate and nonprofit expertise.
For more on KKR's Green Solutions Platform (GSP) and participating portfolio companies, visit www.green.kkr.com.
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
About KKR Capstone
KKR Capstone is an operational team of highly experienced industry executives and functional specialists. The team works exclusively for KKR and its portfolio companies on the ground in partnership with management teams to create sustainable improvements. With offices in the
About the Green Solutions Platform
The Green Solutions Platform (GSP) is KKR's global effort to identify, support, and highlight environmental initiatives at KKR portfolio companies across three areas: eco-efficiency, eco-innovation, and/or eco-solutions. The program applies KKR's approach of assessing, measuring, optimizing, and highlighting performance to support participating portfolio companies' efforts to manage their environmental impacts while also seeking to improve their businesses.
The GSP - launched in
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