DANIEL NOWACK

Finance & Social Innovation

Supporting the inclusive transition to a green and digital economy that benefits everyone.

CLIENTS

Topics & Issues

01.

Social Innovation

To support an inclusive transition, we need new, community-driven models for societal progress.

02.

Innovative Finance

We need an updated financial and economic system that properly rewards social and environmental impact.

03.

Impact Management

Foundations, and increasingly companies need to measure and manage their positive and negative impact footprint.

04.

Transformation

An inclusive transition requires personal and systemic transformation towards net positive thinking and acting.

Engaging in social innovation can be confusing. Let’s put structure to the chaos.

Strategy Consulting

Project Implementation

Collective Action

Beyond Compliance: Embedding Impact through Innovative Finance

Innovative finance is reshaping the corporate approach to social impact, as detailed in the Schwab Foundation’s latest report, Beyond Compliance: Embedding Impact through Innovative Finance.

The report highlights how this emerging practice already mobilizes $185 billion by linking financial rewards to measurable social outcomes. It offers businesses a pathway to address societal challenges while maintaining a competitive edge. For example, social progress credits in South Korea have directed $50 million to social innovators, demonstrating the tangible benefits of this approach. A range of other case studies showcase how companies are already exploring this approach to address critical social issues in their value chains.

Social innovation is becoming a strategic business capability, addressing both sustainability issues and business objectives.

About DANIEL

I help companies and social startups maximize their positive impact.

I am the Head of Social Innovation for the Schwab Foundation and the World Economic Forum. I oversee the foundation’s efforts to engage the private and public sector in social innovation.

This includes the Global Alliance for Social Entrepreneurship, with 120+ members representing 100,000 social entrepreneurs; the Corporate Leadership Council on Social Innovation, with 40+ leading companies; and the Policy Leadership Council, convening 30+ international organizations and public sector representatives.

Previously, I served as Managing Director at Yunus Social Business (YSB), an impact investing fund established by Nobel Peace Prize Laureate Muhammad Yunus. I have held roles as a startup CFO and a mentor for Google Launchpad and Founders Institute. I had the opportunity to lecture at several universities, including TU Munich and the University of Geneva. I hold an MBA from the Frankfurt School of Finance and am a Certified Expert in ESG and Impact Investing.

Testimonial

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