KKR’s focus on sustainability is rooted in our commitment to value creation and value protection. The ways we integrate sustainability into our investment and business activities — how and where we invest, how we support our companies, and how we operate as a business — are built around being fiduciaries and working to deliver long-term value for our clients. By doing this work, we strive to support the financial well-being of the tens of millions of people that rely on us.
“Our 2022 Sustainability Report describes how we are working to create and protect value in our investment activities and within our operations through a focused effort. We are proud of the progress we have made since the publication of our first public ESG report in 2011, and we continue to aim for transparency in this 12th installment."
Scott Nuttall and Joseph Bae
Co-Chief Executive Officers
About our 2022 Sustainability Report
We have aimed to disclose our performance transparently and consistently and to enhance the quality of our disclosures since the publication of our inaugural environmental, social, and governance (ESG) report in 2011. Building on our 2021 Sustainability Report, published in June 2022, this report includes two main sections:
Sustainable Investing, which covers sustainability-related activities in our investments. Key sections include:
ESG Integration
We seek to invest responsibly by integrating material ESG considerations into the investment process to mitigate risk and create value, including due diligence, decision making, and management practices, as appropriate.
Engagement
We work with portfolio companies to mitigate risk and strengthen management across material ESG topics to create and protect long-term value.
Investing Behind Trends
We seek to invest behind sustainability-related trends with macro tailwinds, such as the energy transition, supply chain resiliency, circularity, and workforce development.
Sustainable Operations, which covers sustainability-related activities at the Firm level – including:
Human Capital
We work to foster a respectful, safe, and engaging environment where all our employees can thrive both professionally and personally.
Environment
We aim to improve resource efficiency to reduce our operational footprint and minimize environmental impacts.
Data Responsibility
We recognize the importance of protecting Firm, employee, investor, and vendor information, and we employ a systematic approach to safeguard data and information security across the Firm.
Citizenship
Our Corporate Citizenship platform helps build a better world through philanthropy, employee engagement, and sustainable programs where we operate.
Governance and Business Ethics
As fiduciaries of capital, we are dedicated to employing the highest standards of integrity in all our dealings to uphold the trust of and create and protect value for our clients.
“It is important to recognize that this work is not “one size fits all.” As this year’s report describes — and as we have described in the past 11 reports before it — we seek to identify material risks and potential value creation opportunities as part of our investment process, which are based on a number of factors, including the company’s industry, where it operates, and its stakeholders."
Ken Mehlman,
Learn more about our approach to sustainable investing in our blog.
Global Head of Public Affairs and Co-Head of KKR Global Impact
Select 2022 Highlights
2022 was a year of significant growth and progress for KKR. While we take pride in our achievements, we are eager to embrace the challenges and opportunities that await us in the future.
Sustainable Investing
- $40 bn committed to sustainability-focused investments since 20101
- 11 new broad-based ownership programs launched
- 12th year of publicly reporting KKR’s sustainability efforts
- 100+ industry events participated in or supported focused on responsible investment
Sustainable Operations
- 43% of our global employees affiliated with at least one Employee Resource Group (ERG)2
- 5th year achieving carbon neutrality across our global operations3
- $13+ mm to 70+ nonprofits through our strategic philanthropy efforts
For more 2022 highlights and detail on our efforts, download our the 2022 Sustainability Report.
2. Does not include Global Atlantic and KJRM employees, and the employees of certain other acquired businesses.
3. See the Glossary of the 2022 Sustainability Report of our definition of carbon neutrality.
Cautionary Statement