Results

The KKR Green Portfolio Program continues to deliver a financial and environmental impact. The results issued in October 2013 mark the fifth time that the program has announced progress from its participating private equity portfolio companies.

Since its inception in 2008, 25 portfolio companies have taken part in the Green Portfolio Program. Nineteen of the participating KKR private equity portfolio companies released results in 2013.1 Collectively, through their efforts in key environmental performance areas, these companies have achieved an estimated $917 million in financial impact and avoided approximately 1.8 million metric tons of GHG emissions, 4.7 million tons of waste, and 19.5 million cubic meters of water use.

Company Estimated Environmental Impact Estimated Financial Impact

Accellent

6,000 metric tons of GHG emissions avoided

$593,000

A.T.U.

9,400 metric tons of GHG emissions avoided
290,000 tons of waste recycled

$57.7 million

Bharti Infratel

N/A

N/A

Biomet

8,400 tons of GHG emissions avoided

$2.8 million

Dalmia

141,400 metric tons of GHG emissions avoided
6,300 tons of waste recycled

 $8.7 million

Del Monte

10,800 metric tons of GHG emissions avoided
236,000 tons of waste recycled

$9.6 million

Dollar General

1.1 million metric tons of GHG emissions avoided
670,000 tons of waste recycled
4.6 million tons of waste avoided

$570 million

First Data

82,600 metric tons of GHG emissions avoided

$7.0 million

HCA

107,000 metric tons of GHG emissions avoided

$22.7 million

Oriental Brewery

85,000 metric tons of GHG emissions avoided
19 million cubic meters of water avoided

$21.3 million

Pets at Home

12,800 metric tons of GHG emissions avoided
26,300 metric tons of waste recycled

$9.1 million

Sealy Corporation

24,600 metric tons of GHG emissions avoided
2,400 tons of waste avoided

$21.5 million

SunGard

N/A

N/A

Tarkett

65,300 tons of waste avoided
439,000 cubic meters of water consumption avoided

$13.3 million

TDC

22,000 metric tons of GHG emissions avoided
212 tons of waste avoided

$3.9 million

US Foods

259,500 metric tons of GHG emissions avoided

$48.9 million

Van Gansewinkel

886,000 metric tons of GHG emissions avoided2

$116.6 million

Visant

12,800 tons of waste recycled

$2.6 million

WILD Flavors

16,000 metric tons of GHG emissions avoided
5,900 tons of waste avoided
160 cubic meters of water avoided

$3.6 million

Total3

Greenhouse Gas Emissions 1.8 million metric tons of GHG emissions avoided

$917,135,000

Waste4 4.7 million tons of waste avoided
Water5 19.5 million cubic meters of water use avoided
Program cumulative results for 2008-2012

Additional details on terminology and methodology.

Please view the Frequently Asked Questions guide for more information on the KKR Green Portfolio Program.

The above are all the portfolio companies participating in the Green Portfolio Program. These specific portfolio companies identified are not representative of all of the portfolio companies purchased, sold or recommended for KKR Funds and vehicles, and it should not be assumed that the investment in the portfolio company identified was or will be profitable. The reported impact of initiatives of the Green Portfolio Program is based on internal analysis of KKR and/or KKR Capstone and information provided by the applicable portfolio company. Impacts of such initiatives are estimates that have not been verified by a third party and are not necessarily reported according to established voluntary standards or protocols. KKR does not guarantee the accuracy, adequacy or completeness of such information. They may also reflect the influence of external factors, such as macroeconomic or industry trends. There is no guarantee that results shown will be replicated in the future and actual results may be better or worse in future years. Please review the methodology and terms used in the Green Portfolio Program for more information.

Notes:

  1. PRIMEDIA, Inc., a member of the GPP since 2008, is no longer a KKR portfolio company, and thus, is no longer reporting results into the program. Five portfolio companies, BIS Industries Limited, Capsugel, Kion Group, MMI, and Versatel are expected to begin communicating results in 2014. Bharti Infratel’s results are not included as part of the aggregate program results (see footnote on Bharti Infratel page).
  2. Because these impacts come from the generation of green energy versus direct improvements in operations, they are not included in the aggregate GPP environmental results.
  3. Results from declines in efficiency performance are not included in portfolio company summaries (see methodology document), but are included in the aggregate data analysis. Therefore, estimated environmental and financial benefits communicated in the summary table may sum to more than what is communicated as "total" results, which takes into account the impacts from decreases in efficiency.
  4. In order to aggregate the results across participating portfolio companies, at some companies, “metric tons” of waste was converted to “short tons” of waste. Therefore, results shown in company narratives may appear not match the results shown in program aggregate results.
  5. In order to aggregate the results across participating portfolio companies, at some companies, units of measurement for water were converted to cubic meters. Therefore, results shown in the company narratives may appear not match the results shown in the program aggregate results.

Responsible Investment

For more information on KKR’s responsible investment efforts, go to www.kkresg.com.

Program Updates

Oct 17, 2013

KKR’s Green Portfolio Program announces its fifth year of results

GPP’s fifth year of results equal an estimated $917 million in financial impact and more than 1.8 million metric tons of GHGs avoided since 2008.[More]
Jul 15, 2013

KKR published its third annual ESG and Citizenship Report

KKR published its third annual ESG and Citizenship Report. http://www.kkresg.com/[More]
Dec 17, 2012

8 portfolio companies joined the GPP

In 2012, 8 portfolio companies joined the GPP, bringing total participation to 24.[More]