The Alliance Tire Group (ATG) has been introduced to global investment firm KKR’s Green Portfolio Program, an operational improvement program that uses an environmental lens to assess critical business activities. KKR owns controlling interest in ATG.

Becoming part of the Green Portfolio Program is a step that will make our business even better. The environmental benchmarks of the program, which KKR developed in cooperation with the Environmental Defense Fund, tracks improvements in greenhouse gas emissions, water, waste, priority chemicals and forest resources as well as in how those improvements contribute to the bottom line.

We’ve already worked with KKR Capstone, an independent team of operational executives, to improve our energy and waste performance.

Between the second quarter of 2014 and first quarter of 2015, we have reduced our coal consumption by about 90 kg per ton of tires produced, lowered our steam consumption by 10% per ton of output and reduced our scrap waste by 4.3%.

Our plants in India were built to produce zero liquid discharge and to harvest rainwater for added water efficiency—good for the environment and good for our bottom line. Similarly, a gas project at our plant at our plant in Hadera, Israel, is expected to reduce production costs by $450,000 per year.

Company-wide improvements add up even more when you consider them across KKR’s holdings. In a study last October of 21 companies in KKR’s Green Portfolio Program, savings between 2008 and 2013 totaled more than 2.3 million metric tons of greenhouse gases, 27 million cubic meters (7.1 billion gallons) of water and 6.3 million tons of waste.
We’re proud to be part of the KKR Green Portfolio Program, and excited to take on the challenge of improving the economic and environmental sustainability of our business. It’s good for the company, good for our customers and good for the planet.

Learn more here.