We at the Business for Peace Foundation extend our deepest sympathies to the Tata Group and all those affected by the recent passing of Mr Ratan Tata (1937 – 2024), a visionary leader who was honoured with the Oslo Business for Peace Award in 2010.

 

Ratan Tata’s contributions to both business and society are a testament to the power of ethical leadership. His unwavering commitment to sustainable development, responsible entrepreneurship, and philanthropy set new standards for business practices globally. The Oslo Business for Peace Award is conferred by a group of Nobel Laurates in Peace and Economics and recognises leaders whose work benefits both people and the planet. Ratan Tata embodied these ideals. His legacy continues to inspire business leaders worldwide to drive positive change.

 

The Tata Group’s philosophy has long reflected the values Ratan Tata championed. Since its inception, the Tata Group has focused on building businesses that contribute to the common good, a guiding principle that has been key to its global success. Under Sir Ratan Tata’s leadership, Tata expanded its reach while remaining rooted in ethical governance, sustainability, and innovation. His leadership not only transformed the Tata Group into one of the world’s most respected conglomerates but also emphasised the importance of placing people and the planet at the heart of business decisions. Tata companies have consistently sought to balance profit with purpose, leading initiatives that uplift communities, promote education, and protect the environment.

 

In our own work at the Business for Peace Foundation, we have been fortunate to benefit from Tata Consultancy Services’ (TCS) generous support. TCS has been an invaluable partner, offering their services pro bono to enhance our website and nomination platform. This collaboration has greatly improved our ability to recognise and celebrate business leaders committed to ethical practices, in line with Ratan Tata’s legacy. We remain deeply grateful to the Tata Group and TCS for their continued commitment to advancing responsible business. As we honour the memory of Mr Ratan Tata, we recognise that his legacy will endure in the values he instilled within the Tata Group and the countless lives he touched through his remarkable leadership.