Social Innovators at the 50th anniversary
The World Economic Forum’s 50th anniversary provided an opportunity to converge around a set of ethical principles to guide companies in the age of the Fourth Industrial Revolution through a revised Davos Manifesto. Centered around the theme of Stakeholders for a Cohesive and Sustainable World, this Annual Meeting was a turning point for many participants to take up responsibility towards an expanded array of stakeholders, including the environment and communities, global and local.
Twenty eight social innovators from around the world attended #wef20 as part of the Schwab Foundation delegation to the 2020 World Economic Forum Annual Meeting. Complementing the Annual Meeting's theme, the social innovator community seized all opportunity to showcase social entrepreneurship and innovation is not only a key avenue to achieve the Sustainable Development Goals as we enter the decade to deliver on the SDGs, but also an expression of stakeholder capitalism in action.
The Schwab Foundation community joined world leaders at a time where the issues at the core of the community's work is now front and centre of the global agenda.
The Schwab Foundation for Social Entrepreneurship launched its 2020 Impact Report which showcases the collective impact of the Schwab Foundation social entrepreneur community.
The community has improved the lives of more than 622 million people in 190 countries; distributed $6.7 billion in loans or value of products and services to improve livelihoods; mitigated more than 192 million tonnes of CO2; improved education for more than 226 million children and youth; improved energy access for 100 million people; and driven social inclusion for over 25 million people for people with disabilities, homelessness or refugee status.
Social entrepreneurship, as an organizational expression of social innovation, is the demonstration of alternative working models as we face the current challenges to our planet, our societies and our economies.
Catalyst 2030, a global movement of social change innovators, collaborating for the first time to achieve the Sustainable Development Goals (SDGs) during the decade to deliver. Catalyst 2030 was launched at the Annual Meeting in Davos, Switzerland.
Barefoot International launched a Global South Initiative to dramatically scale its proven ZERO CARBON ‘access to energy’ solution. Exemplifying Climate, Economic, Education and Social, Justice; by and through non formally educated, rural women. 10,000 Barefoot Women Solar Engineers and Enterprise Catalysts. 20 Governments, 5000 communities. 500,000 households 2.5 Million people.
Rosanne Haggerty was involved with the launch of Data.org: A Platform for Data Science Partnerships, launched by Mastercard and Rockefeller Foundation. $10 Million Challenge launched to help crowdsource solutions to social challenges. This initiative is building on the success of the original DATA.org—launched in 2002 by a group of innovative social entrepreneurs, and rock star and philanthropist Bono, to alleviate debt, AIDS and trade inequalities in Africa. In what ultimately became the ONE Campaign, they focused on driving evidence-based approaches to development.
Schwab Foundation for Social Entrepreneurship, Ashoka, McKinsey & Company, Catalyst 2030, Co-Impact, Echoing Green, Skoll Foundation and SystemIQ join forces to launch the Embracing complexity – Towards a shared understanding of funding systems change Report
Showcasing the Power of the Collective
Social innovation, is to be viewed as an ecosystem of pioneering actors with a common purpose, if we are truly to see the models of social entrepreneurs and intrapreneurs transforming the way the world works, in government, business and civil society. But we cannot achieve this individually, only through collective power and action.
Unconventional Conversations with Changemakers & Impact Investors
Social innovators explored more radical ways in which we might use market-based approaches and capital, as well as social change movements to address complex intersectoral challenges we face, and reflect on the role of social innovators as part of these broader shifts.
Julie Battilana interviews young changemakers Isabelle Axelsson, FridaysForFuture, Loukina Tille, Climate Strike and Mohamad Al Jounde, Member of the Board, Gharsah Sweden. Followed by a conversation with Fadi Ghandour, Charly Kleissner and Johanna Mair on impact investing.
Corporate Social Innovators on cultivating a Sustainable Business Culture
Business are using complex yet promising mechanisms such as circular, de-carbonised, collaborative and inclusive business models to connect commercial benefit to societal impact. At the heart of these innovations are corporate intrapreneurs, those with new mindsets and competencies, shaping the future of business and driving change from the inside out.
Driving a Sustainable Business Culture session, moderated by Saskia Bruysten featuring social innovators Garance Wattez-Richards, Harald Nusser, Melanie Schultz van Haegen, Meagan Fallone and Omar Ishrak shed light on the experience, concrete outcomes and tools that social intrapreneurs can actively use to bring their initiatives to success. This session also captured the lessons learned from experienced social intrapreneurs from across the globe, grasp the best practices they implemented, and comprehend the challenges they faced during their social innovation journey.
Yunus Social Business, Porticus, Schwab Foundation, INSEAD and the Hoffmann Global Institute for Business & Society – together with a steering group of academics and practitioners – decided to shed more light on the nascent phenomenon of social intrapreneurship through the 'Business as Unusual' report.
Innovation for Impact
Unique series featuring Social Innovators as they share their strives and successes to achieve global impact