Schwab Foundation for Social Entrepreneurship Annual Report 2024 2025

Page 27 of 52 · WEF_Schwab_Foundation_for_Social_Entrepreneurship_Annual_Report_2024_2025.pdf

mobilizing financial and non-financial support for social innovators in collaboration with EY and an external consultant. The workstream was well represented at the Schwab Foundation summit in 2025 as part of an oversubscribed session; the outcomes of which included the establishment of a peer- to-peer session where social innovators along different parts of their AI adoption journey shared lessons and learnings with each other. A case study compendium has been developed in parallel to this. In addition, at the Annual Meeting of New Champions in 2025, a hub session titled “How Can AI Do More Good?” was held. It was facilitated by Francois Bonnici and featured Hon. Cho Ji Ha, member of the Korean National Assembly, and Njideka U. Harry, Schwab Foundation awardee and Founder of the Youth for Technology Foundation (US). Learn more about the AI for Social Innovation initiative here. Collective social innovation In 2022, the Schwab Foundation Board expanded the award categories to include the Collective Social Innovation Awards to celebrate those who expressly define and organize collective work as their core function. In the last two years, the Schwab Foundation has awarded the designation of Collective Social Innovator to 21 innovators representing 11 organizations. The community of collective social innovators has shown much enthusiasm and proactivity in amplifying the narrative of collective social innovation and sharing their learnings with key stakeholders across the ecosystem. These discussions led to the first-of-its-kind Collective Action Convening, which brought together 37 participants in Geneva from 2–4 October 2024 to share strategies on making collective action the norm in creating social change. A subsequent learning journey was held in India from 4-6 March 2025 to dive deeper into collective action through the lenses of South Asia. Building on the momentum of the convening, the Schwab Foundation published the Future is Collective: Advancing Collective Social Innovation to Address Society’s Biggest Challenges report and a set of case studies highlighting the values, strategies and organizing models that enable multistakeholder collaborations to thrive. Following the report’s release, the Schwab Foundation was invited to feature insights from it as the cover story of the summer issue of the Stanford Social Innovation Review. The foundation is continuing the efforts in shaping collective social innovation by developing an action plan together with the community of collective social innovators and an ecosystem mapping exercise to identify key stakeholders to engage in the ecosystem. Learn more about the Schwab Foundation’s work on Collective Social Innovation here. The Future of Innovation is Collective SSIR Summer Issue June 2025 Read the feature article here. Image: Collective social innovation offers a new way forward, bringing together diverse stakeholders to create systemic change. Credit: World Economic Forum / Chris Heeney Schwab Foundation Annual Report 2024–2025 27
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