Since the Tata group was formed 150 years ago, it has served as the custodian of public good, dedicated to making a positive social impact. Two-thirds of Tata Sons’ equity is held by the Tata Trusts and dividends flow directly to support the philanthropic work of the Trusts. Over the past century and a half, the Tata group has calibrated its mission to address India’s most urgent needs. Our early work focused on institution-building to develop domestic capabilities and produce world-class talent—from the Indian Institute of Science, to India’s first cancer hospital, the Tata Memorial Hospital and Cancer Research Centre, to name just two. Our pioneering spirit quickly resulted in global partnerships focused on the greater good. In the early 1900s, Jamsetji Tata’s son Sir Ratan Tata established an endowment to fund the new study of sociology at the London School of Economics. Today, the same pioneering efforts have resulted in partnerships in 33 countries around the world, with Tata Trusts and individual company efforts contributing over US$250 million towards social impact initiatives in 2017-18. In India, which is ultimately the primary focus of our work, our efforts have touched the lives of more than 20 million people this year alone. As India’s philanthropic efforts have matured and advanced, so has our approach.
To encourage collaborative volunteering across group companies and leverage the combined power of over 702,454 Tata employees across the globe, we introduced a group-level volunteering platform, Tata Engage in 2014. Since inception, Tata Engage has catapulted the Tata group to one of the world’s top 10 global volunteering programmes. We contributed over a million volunteering hours annually over the past three years, with 1.1 million hours of volunteering contributed in FY18 alone.