- Creation of the KKR Global Institute (KGI) to strengthen our ESG-related private equity diligence and support the Firm and our investments with unique geopolitical insights.
- Continued progress from the Green Portfolio Program, an operational improvement program that uses an environmental lens to assess critical business activities of KKR's participating private equity portfolio companies. Since 2008, the 19 reporting companies have achieved more than $917 million in cost savings and added revenue, while avoiding 1.8 million metric tons of greenhouse gas emissions, 4.7 million tons of waste, and 19.5 million cubic meters of water use.
- Expansion of the Vets @ Work initiative, an effort aimed at recruiting and hiring veterans across KKR's U.S.-based private equity portfolio companies. As of the end of 2013, more than 22,000 veterans had been hired by the 18 portfolio companies participating in the program. In 2013, the companies participating in the program doubled from 9 to 18.
- Continued to advance ESG efforts at KKR, which included additional greening initiatives in the KKR New York office, the second year of incentivized biometric health screenings for all KKR U.S. employees, and firm-wide days of service at KKR global offices.
- Volunteered expertise and provided resources to various nonprofit organizations and social enterprises around the world, expanding KKR's citizenship efforts, which included employees' giving their time and advice to help the social enterprise East Bali Cashews improve its operations and scale its business.
(Nice work, Elizabeth, Ali and team)
