The Schwab Foundation for Social Entrepreneurship was established in 1998 as the foremost global community of pioneering social innovators driving systemic change. It believes in the power of these committed leaders to create systemic change and drive the transition to a stakeholder economy. It aims to accelerate social innovation for a more equitable, sustainable and inclusive world by providing a global platform to recognize, promote and advance proven social innovation solutions. Each year, the foundation selects a cohort of exceptional moral leaders of the most impactful organizations from around the world who are driving economic inclusion and participation and environmental sustainability. In January 2025, the latest cohort of the Social Innovation Awards was conferred at the World Economic Forum Annual Meeting in Davos to celebrate and highlight their proven approaches with a global audience of influence. The awards recognize four categories of social innovation: social entrepreneurs, public and corporate social innovators, and collective social innovation leaders. Through the awards, the foundation has built a lasting community of action worldwide, bringing them together with global and regional leaders from the public and private sectors. These leaders receive tailored support and benefit through peer networking, global exposure and learning opportunities, including the highly valued programme on system leadership at the Harvard Kennedy School. The Schwab Foundation also hosts the most comprehensive multistakeholder coalition in support of the social innovation sector, engaging private- and public-sector leaders to work alongside social innovators in the Global Alliance for Social Entrepreneurship. Its Corporate Leadership Council now represents a coalition of over 50 corporate leaders who have led with commitments like the Rise Ahead Pledge and shared best practices through the Corporate Social Innovation Compass. The Schwab Foundation also offers policy insights, data and best practices to advance the social innovation agenda globally. Through its Policy Leadership Council, its research to advance global data on the State of Social Enterprise and hosting policy roundtables around the world, it has played a vital role in supporting the development and adoption of social economy policies. The Schwab Foundation is dedicated to advancing knowledge on innovations that can address critical and emerging issues that drive our economies and societies by elevating proven approaches. With reports on artificial intelligence for social innovation, innovative finance and climate adaptation in the past year. Among other highlights in the last year were convenings for the Collective Social Innovation awardees in Geneva, Switzerland and Bengaluru, India. These meetings aimed to amplify the role of collective action on complicated global issues. This brought together more than 40 organizations from 20 countries to share strategies We’re grateful for the commitment of our Foundation Board, our community and so many partners in helping us to grow the ambition and impact of our community of social innovators and the ecosystem of partners over the past year. We sincerely thank our key support partners, including the Bayer Cares Foundation, Bertelsman Stiftung, the Center for Social Value Enhancement Studies (part of the SK Group), Deloitte, EY, the Frey Charitable Foundation, the Goldman Sachs Foundation, Hyundai Motor Group, Microsoft, the Motsepe Foundation, SAP as well as the many other partners we work with every day. Image: The Schwab Foundation Summit in Seoul united social innovators, public and private sector leaders, and ecosystem partners from around the world for three days of collaboration, learning, and strategic dialogue. Credit: Schwab Foundation for Social Entrepreneurship Schwab Foundation Annual Report 2024–2025 5

Schwab Foundation for Social Entrepreneurship Annual Report 2024 2025