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Phyllis Kurlander Costanza, Co-founder and President of OutcomesX

Phyllis Kurlander Costanza, Co-founder and President of OutcomesX, on building a marketplace to buy and sell social outcomes


OutcomesX is transforming social impact into an investible asset. They’re creating the infrastructure to standardise, price, trade and verify social impact credits, and building a marketplace to buy and sell social outcomes.


We explore their innovative work and also take a look at the disconnect between growth in ESG funds and stagnation in the drive to achieve the UN Sustainable Development Goals (SDGs).


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About Phyllis Kurlander Costanza


Phyllis has been delivering positive commercial impact and driving measurable change in society and the environment throughout her career.


She is the Co-Founder and President of OutcomesX which is creating a marketplace for social outcomes. This new company builds on her work at UBS, where she worked for 11 years as the CEO of UBS Optimus Foundation and more recently as Global Head of Social Impact. In her role as CEO of the UBS Optimus Foundation, she overhauled the strategy to deliver greater commercial and social impact. This repositioning resulted in a 20x growth (from $10m to >$200m). She also created an innovative finance group, focused on introducing new social finance mechanisms such as the first Development Impact Bond in education.


Prior to UBS, she was Executive Director and Board Member of the Children's Investment Fund Foundation (CIFF), a UK-based philanthropic organization focused on health, education and climate, linked to the hedge fund TCI. For more than a decade, she also worked as a management consultant, focused primarily on health care, and served in the public sector advising New York State Governor Mario Cuomo on policy and politics in New York City.


She also serves as a Board Chair of Educate Girls USA, and Board Member of the International Center for Research on Women (ICRW) and the UBS Optimus Foundation UK. She is a Member of the Council of Foreign Relations and Senior Advisor to the Education Outcomes Fund for Africa and the Middle East.



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