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Steve Howard
Sustainability leader and investor, former Chief Sustainability Officer at IKEA and vice chair of sustainability at Temasek, speaking about how capitalism can be rewired to scale climate solutions.
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Nov 22, 2025
• 17min
4 hard truths about capitalism and climate | Steve Howard
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Steve Howard, a sustainability leader and former Chief Sustainability Officer at IKEA, discusses the friction between capitalism and climate action. He outlines four hard truths that hinder businesses from achieving climate goals. Howard argues that current markets favor short-term profits over sustainable practices, and he emphasizes the need for innovative policies, internal carbon pricing, and investment in green technologies. He illustrates his points with real-world examples like IKEA’s LED initiative and emerging markets' innovative solutions.
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