A New World:

Adapting to Climate Change

Energy Use and Innovation

Across asset classes, we support our companies’ efforts to reduce energy use and associated costs. From private equity portfolio companies to infrastructure investments, there are both universal and differentiated ways that we work with companies to improve energy efficiency, through efforts such as:

  • KKR’s Green Solutions Platform
  • Customized support from our internal ESG experts
  • Partnerships with organizations in the larger KKR network

Green Solutions Platform

The Green Solutions Platform (GSP) seeks to drive business and environmental value by supporting and highlighting the work of KKR portfolio companies across a wide variety of focus areas. The GSP includes companies that enhance eco-efficiency, advance eco-innovation, and/or offer a solution to environmental problems as core to their business mandate.

In late 2017, KKR released program updates for 13 of the portfolio companies participating in the GSP, three of which are entirely new participants. These 13 case studies describe projects across four asset classes, including private equity, special situations, real estate, and infrastructure, as well as span a range of geographies and focus areas.

In collaboration with our participating companies, NGO partners, KKR Capstone, and our investors, we expect this program to continue to evolve and grow over time. Individual company results and updates are available at green.kkr.com. You can learn about the history of the program here.

Analyzing Energy Efficiency Opportunities

Since 2014, KKR Capstone’s full-time energy efficiency expert worked with nearly 20 companies across the private equity and real estate portfolios on various energy and resource efficiency projects. These projects are estimated to have achieved approximately $15 million annual run rate savings. These projects are also estimated to have saved more than 140 million kWh and to have avoided approximately 53,000 estimated metric tons of greenhouse gas emissions.

In 2015, KKR hosted a summer Climate Corps fellow from Environmental Defense Fund (EDF) to identify, evaluate, and implement energy and resource efficiency improvements at private equity and real estate portfolio companies. Four assessment and analysis tools were developed to aid in measuring and benchmarking portfolio companies’ energy performance and potential outcomes from efficiency and solar projects.

Case Study

Transphorm: Investing in Power Conversion Technology (2015) >

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Case Study

RES: Providing Ecological Solutions (2016) >

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Case Study

Calvin Capital: Expanding Smart Metering Across the UK (2016) >

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Case Study

OVH: Reducing Data Center Energy Use (2017) >

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