Publication date: April 17, 2024
Strategic Shift in KKR's Green Initiative Led by Former Shell CEO

Strategic Shift in KKR's Green Initiative Led by Former Shell CEO

KKR's new green transition spearheaded by Ben van Beurden seeks to blend high-value energy investments with sustainable objectives.

Energy Transition

In a potentially transformative move for KKR, the appointment of Ben van Beurden, former CEO of Royal Dutch Shell, aims to steer the investment firm's multibillion-dollar portfolio towards more sustainable energy operations. Van Beurden, who set Shell's initial climate targets despite his contentious legacy in the fossil fuel industry, now spearheads initiatives focusing on renewable energy and technological advancements in green energy sectors aimed at reducing carbon footprints and enhancing energy efficiency.