- 4.1: Accellent
- 4.2: A.T.U.
- 4.3: Bharti Infratel
- 4.4: Biomet
- 4.5: Bis Industries Limited
- 4.6: Capsugel
- 4.7: Dalmia Bharat Cement
- 4.8: Del Monte Foods
- 4.9: Dollar General
- 4.10: First Data
- 4.11: HCA
- 4.12: KION Group
- 4.13: MMI
- 4.14: Oriental Brewery
- 4.16: Pets at Home
- 4.17: PRIMEDIA, Inc.
- 4.18: Sealy
- 4.19: SunGard
- 4.20: Tarkett
- 4.21: TDC A/S
- 4.22: US Foods
- 4.23: Van Gansewinkel Groep
- 4.24: Versatel
- 4.25: Visant
- 4.26: WILD Flavors
Estimated results 2008-2009
- $7.5Min avoided costs
- 8,500tons of paper avoided
- 44%material efficiency improvement
In 2011, KKR exited its investment in PRIMEDIA and PRIMEDIA is no longer reporting into the Green Portfolio Program. We appreciate PRIMEDIA’s contribution to the program as a pilot project company. During its participation in the program between 2008 and 2009, PRIMEDIA achieved the results described below.
PRIMEDIA, Inc. is a leading provider of online, print, and mobile platforms that provide consumers with tools and information they need to find a place to live. PRIMEDIA was one of the first KKR portfolio companies to enroll in the Green Portfolio Program in 2008, helping to design and pilot the framework, and is focused on measuring and reducing its paper use.
Key Environmental Performance Area:
PRIMEDIA is actively measuring and managing its use of paper in its publications. In absolute terms, paper use decreased 54%, compared to a 2007 baseline, while efficiency improved by 44% (ton of paper/$ revenue) over the same time period. These reductions in paper use have helped PRIMEDIA to identify cost savings of $7.5 million and avoid 8,500 tons of paper use – the equivalent of saving more than 80,000 trees – since 2007.
PRIMEDIA: Paper Use Reduction
|Change in absolute paper use||-25.0%||-39.0%||-32.0%||-54.3%|
|Estimated avoided paper use (tons)||3,200||5,300||4,200||8,500|
|Avoided/Actual paper use||29%||79%||48%||48%|
|Estimated avoided costs||$2,931,000||$4,561,000||$3,746,000||$7,491,000|
|Change in intensity (tons/$1000 revenue)||-22.4%||-28.1%||-25.2%||-44.2%|
In 2008 and 2009, PRIMEDIA achieved these results by implementing the following practices:
- Encouraged users to utilize free online content
- Redesigned publications, such as resizing
- Evaluated paper type to utilize larger amounts of post-consumer content where possible
For more information on KKR’s responsible investment efforts, go to www.kkr2011esg.com.