Kenneth Mehlman is the head of Global Affairs at KKR. In June of 2013, he spoke at CSR Europe's Annual General Assembly on June 10th in Brussels.
Kenneth Mehlman talked about CSR and topics involving globalization, transparency, legitimacy, and resource scarcity. He also discussed how KKR uses these aspects and considerations in their investment and management processes.
Memorable quotes from his speech:
Kenneth Mehlman: "Today companies must address what I call, the legitimacy questions…Over the last decade we have seen example after example where the externalities of capitalism produced bad results. Whether it was the financial crisis, whether it was the BP oil spill in the United States. There are lots of examples where it seemed like, businesses were not sufficiently attentive to the externalities of its operations.”
Kenneth Mehlman: “What our ultimate KPI is, ‘how do we build these considerations into our investment and our portfolio management processes?’ As we make investments, in the future, today, and in the past several years, part of the investment diligence process includes careful consideration of ESG factors.“
