Social entrepreneurs working with the Schwab Foundation for Social Entrepreneurship have distributed USD 6.7 billion in loans or value of products and services, improving lives of more than 62 million people in 190 countries, and India is the top-most country in terms of their presence, a new study showed on Friday.
These social entrepreneurs have also helped mitigate more than 192 million tonnes of CO2 and improve education for more than 226 million children and youth.
Besides, they have helped provide energy access for more than 100 million people, and have driven social inclusion for over 25 million people.
The report, titled Two Decades of Impact: Schwab Foundation for Social Entrepreneurship, has been released ahead of the 50th World Economic Forum (WEF) Annual Meeting in Davos and focusses on how social entrepreneurs can achieve impact at scale, change the systems in which they operate and contribute to the Sustainable Development Goals.
"The community has distributed more than USD 6.7 billion to projects and products that have enhanced livelihoods, including increasing healthcare access, providing clean energy solutions, and improving education outcomes," the report said.
"This report challenges the notion that models of social innovation can be dismissed as small, isolated islands of success amidst our overwhelming global challenges," said Hilde Schwab, Co-founder and Chairperson of the Foundation.
"Consider the combined capability of all social innovators in the world, those recognised in networks like the Schwab Foundation, and the hundreds of thousands that exist in local communities around the world," she said.
This community of social enterprises operate in more than 190 countries, with 25 per cent of them reaching at least 90 countries each.
All 10 countries in which social entrepreneurs are most active are low to middle income markets (with the exception of the US), and six of those are in Africa. They include Brazil, Ethiopia, India, Kenya, Mexico, Nigeria, South Africa, Tanzania, Uganda and the US.
India is on the top with 46 such social entrepreneurs, followed by 40 in the US, 34 in Kenya, 29 in Brazil and 26 each in South Africa and Uganda.
"Social innovators have pioneered sustainable approaches and inclusive business models, and serve as a clear demonstration that models of stakeholder capitalism can indeed work," said Klaus Schwab, the WEF Founder and Executive Chairman.
The Schwab Foundation was established 20 years ago as a platform to support an under-recognized movement of people who were developing innovative business models delivering social or environmental good.
It provides exposure, capacity building and a trusting community of social-change leaders within the World Economic Forum. It now represents 384 late-stage social innovators operating in more than 190 countries worldwide. PTI BJ
These social entrepreneurs have also helped mitigate more than 192 million tonnes of CO2 and improve education for more than 226 million children and youth.
Besides, they have helped provide energy access for more than 100 million people, and have driven social inclusion for over 25 million people.
The report, titled Two Decades of Impact: Schwab Foundation for Social Entrepreneurship, has been released ahead of the 50th World Economic Forum (WEF) Annual Meeting in Davos and focusses on how social entrepreneurs can achieve impact at scale, change the systems in which they operate and contribute to the Sustainable Development Goals.
"The community has distributed more than USD 6.7 billion to projects and products that have enhanced livelihoods, including increasing healthcare access, providing clean energy solutions, and improving education outcomes," the report said.
"This report challenges the notion that models of social innovation can be dismissed as small, isolated islands of success amidst our overwhelming global challenges," said Hilde Schwab, Co-founder and Chairperson of the Foundation.
"Consider the combined capability of all social innovators in the world, those recognised in networks like the Schwab Foundation, and the hundreds of thousands that exist in local communities around the world," she said.
This community of social enterprises operate in more than 190 countries, with 25 per cent of them reaching at least 90 countries each.
All 10 countries in which social entrepreneurs are most active are low to middle income markets (with the exception of the US), and six of those are in Africa. They include Brazil, Ethiopia, India, Kenya, Mexico, Nigeria, South Africa, Tanzania, Uganda and the US.
India is on the top with 46 such social entrepreneurs, followed by 40 in the US, 34 in Kenya, 29 in Brazil and 26 each in South Africa and Uganda.
"Social innovators have pioneered sustainable approaches and inclusive business models, and serve as a clear demonstration that models of stakeholder capitalism can indeed work," said Klaus Schwab, the WEF Founder and Executive Chairman.
The Schwab Foundation was established 20 years ago as a platform to support an under-recognized movement of people who were developing innovative business models delivering social or environmental good.
It provides exposure, capacity building and a trusting community of social-change leaders within the World Economic Forum. It now represents 384 late-stage social innovators operating in more than 190 countries worldwide. PTI BJ
Echoing the belief that economically empowered women leads to empowered families; Dharma Life is providing women in rural India the opportunity to earn a livelihood while driving social change in their villages. These reformed women entrepreneurs, also referred as ‘Dharma Life Entrepreneurs’ (DLE) are changing the face of women empowerment in India.
EnAble India (EI) is rapidly building the Indian eco-system of skilling, employment and entrepreneurship for persons with disabilities (PwDs) through technology innovations, breakthroughs in skill trainings, new workplace solutions and behaviour change tools. By changing the mindset of 729 business houses and building frameworks of inclusion in universities and government agencies, EI has created a robust business case for employing PwDs in formal and informal sectors across India.
Healing Fields Foundation (HFF) is building vibrant eco-systems of rural health care in areas where basic health services are absent or severely deficient. It is doing so by transforming once- voiceless and marginalised women into community healthcare entrepreneurs and health leaders who have a stake in the well-being of their communities. Backed with training in basic health care and innovative technologies (including a health decision-support app), more than 5000 trained community health entrepreneurs have taken healthcare information to nearly 12,50,000 individuals in the most backward districts of Bihar, Uttar Pradesh, Telangana and Jharkhand. 66% report a 100-200% income increase as a local health entrepreneur. HFF has also kept its eye on enhanced health outcomes. 98% of service users have reported improved health knowledge; 71% regularly practise positive health behaviours and 89% families are immunising their children. Additionally, 1000 school health champions trained by HFF across Telengana have reached 150,000 people with information on health education, nutrition and healthcare products. The HFF model is currently being replicated in Indonesia.
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By putting poor women in charge of their neighbourhoods, Mahila Housing SEWA Trust (MHT) is changing the face of India’s sprawling urban slums. Viewing habitat as essential to the well-being of a person, MHT mobilises, organises and trains women leaders or ‘Vikasinis’, to participate, design and drive urban planning and the development of their areas. The women map infrastructure gaps, deploy clean energy solutions and partner with local governments and the private sector for basic services like water, sanitation, power, sewerage and advocate for tenure rights. By building the social and leadership capital of resource-poor urban women, MHT ensures they access secure habitats and a quality of life deserving to all citizens.
65% of children starting school today will hold jobs that do not exist yet. They are likely to have four or five careers over the course of their working life. Additionally, technology is rapidly changing job roles and rendering trade-specific skill trainings irrelevant. For Quest Alliance, self-learning and 21st century skills are then, the new life skills that youth will need to thrive, not just survive, in fast digitising economies.
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