{"id":556,"date":"2017-11-21T02:37:38","date_gmt":"2017-11-20T21:07:38","guid":{"rendered":"http:\/\/ga-institute.com\/to-the-point\/?p=556"},"modified":"2018-01-28T01:57:06","modified_gmt":"2018-01-27T20:27:06","slug":"kkr-private-equity-industry-leader-in-esg-sustainable-investing","status":"publish","type":"post","link":"https:\/\/ga-institute.com\/to-the-point\/kkr-private-equity-industry-leader-in-esg-sustainable-investing\/","title":{"rendered":"KKR: Private Equity Industry Leader in ESG \/ Sustainable Investing"},"content":{"rendered":"

Issue 4.3<\/strong><\/p>\n

Interview With Elizabeth Seeger, \u00a0Director, Public Affairs at KKR<\/strong><\/span><\/h3>\n

According to the authoritative Pensions & Investments <\/em>survey in 2015, the top 10 private equity firms accounted for almost 60% of the total P\/E assets under management (US$1.5 trillion) of the largest 50 P\/E firms.<\/p>\n

Familiar names were in the P&I survey:\u00a0 Apollo Global Management, Blackstone Group; Carlyle Group; and at #4 position, the Kohlberg Kravis Roberts (KKR<\/strong>) firm with almost $100 billion AUM at that time.<\/p>\n

The P\/E pioneering KKR firm was established in 1976 by the team of Jerome Kohlberg, Henry Kravis, and George Roberts and quickly became one of the leaders in the P\/E field.<\/p>\n

One of the most notable of the early transactions was the 1989 leveraged buyout of publicly-traded RJR Nabisco by senior management.<\/p>\n

\"\"Today, KKR is a global leader in the Private Equity industry; the firm is headquartered in New York City with offices in Europe, South America, and Asia-Pacific.\u00a0 The firm continues to lead in leveraged buyouts, private equity investment, and growth capital investments.<\/p>\n

KKR has deep experience in such industries as chemicals, consumer products, financial services, energy, healthcare, technology, and retailing. The investing platforms for KKR include real estate, energy & infrastructure, hedge funds and credit.<\/p>\n

 <\/p>\n

ESG IN FOCUS<\/strong><\/h3>\n

The firm is a signatory of the Principles for Responsible Investment (PRI)<\/strong>, subscribing to the six (6) principles; follows the Global Reporting Initiative (GRI) framework for its “ESG citizenship” reporting; partners with the Environmental Defense Fund<\/strong> (EDF); and, publishes and evaluates ESG issues especially with respect to its P\/E activities.<\/p>\n

Almost a decade ago (2008), KKR began to embrace important ESG issues into the way the firm invests, and in many companies which it owns.<\/p>\n

In 2009 the firm was a principal architect in developing ESG \/ sustainable investing guidelines for the ).<\/p>\n

In 2013, KKR formalized its own Private Equity ESG Policy and began communicating it to its employees.<\/p>\n

The co-founders — Henry Kravis and George Roberts — share the following message:\u00a0 “Today, evaluating value requires building a stronger bottom line by improving the ESG aspects of a business, thus focusing on the internal policies and external impacts of an organization.”<\/p>\n

The firm’s 2016 ESG and Citizenship Report <\/strong><\/em>highlights include:<\/p>\n