CSR News – Bloomberg Square Mile Relay 2020 to Display Power of Sport for Good Cause

The Bloomberg Square Mile Relay will return to Mumbai for the second time on Thursday, 6^th March 2020, following a successful inaugural event in 2019.

The internationally-renowned annual event, which also takes place in 11 other cities across the world, will see the city’s top businesses to come together, as teams of ten employees each take turns to run the unique one-mile (1.6 km) route at Jio Garden, BKC, all in a bid to be crowned the fastest company in the city.

The focal point of the race is to make an important and meaningful contribution to the city in a bigger and better way, through the charity arm of the event called The Extra Mile. This year’s race saw over $20,000 donated to support livelihood programmes through the event’s charity partner Magic Bus, working in some of the toughest communities in Mumbai to give young people the tools and resources to get employed.

The 2020 event will see 25% of team entry fees donated to another important local cause, focused on using the power of sport to make a lasting difference to the lives of people in the city.

With such a popular debut for the race this year, organisers are expecting an large increase in teams on the previous year and some of the city’s major companies will again take to the start line. Last year’s roll call included the likes of Barclays, Blackstone, Google, IDFC Bank, LinkedIn, Macquarie, Mastercard, Michael Page, Nomura, Reserve Bank of India, Standard Chartered, SBI Funds Management and Tata Consultancy among many others.

James Hassett, Managing Director of Square Mile Sport, the owners of the event, said: “Corporate wellness is an increasingly important issue for corporations in the city and the fantastic energy and infectious enthusiasm the relay brings goes hand-in-hand with companies wanting to improve the wellbeing of their employees. The commitment from Bloomberg to extend their headline sponsorship with us is fantastic news and allows us to not only increase our ability to promote corporate health and well-being, but crucially provides a commitment to our charitable programme in the city, whilst delivering an exciting and fully sustainable event.”