20240919 Henry Kravis 21

A Bushu Pharma employee after becoming an owner in the company.

Private capital and the challenges of the future: Henry Kravis (21)

Addressing climate change and workplace disengagement

My support of capitalism revolves around the fact that it absolutely can contribute to solving some of society's biggest challenges. One of the most pressing -- and increasingly urgent -- challenges of this generation is climate change. Last year was the hottest on record, and the 10 warmest years have all occurred in the past decade. Another, which plagues Japan just like it does many other countries, is sliding workplace engagement.

Countries and companies alike must adapt to the realities of a warming planet, and, from a private-sector perspective, this means engaging to understand the financial risks posed by climate change, as well as seizing the opportunities that will come as the world shifts to become carbon neutral by 2050.

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