Chipotle Mexican Grill (Chipotle) is a chain of fast-casual dining restaurants specializing in tacos and burritos, with locations in the United States (US) and Europe. Founded in 1993 in Denver, Colorado, Chipotle was briefly owned by McDonald's from 1998 but was fully divested by 2006, when its chain had grown to over 500 locations in the United States. Today, Chipotle operates 2,580 restaurants throughout the US alongside 39 international branches.
Chipotle ranks 8th out of its peers in the restaurants and food service segment, and outperforms all of its segment peers in the governance and strategy measurement area. It is one of the few companies that reports its remuneration policy regarding sustainability as well as its stakeholder engagement outcomes. However, it ranks in the middle of the environment and nutrition measurement areas. While other peers have set GHG emissions reduction targets, Chipotle has only just confirmed that it plans to set a target by the end of 2021. Compared to its peers, the company has most room for improvement in the nutrition and social inclusion measurement areas. It can commit to increasing the availability, accessibility and affordability of its healthy food options. It should also move beyond a commitment to respect human rights to demonstrate that it monitors and ensures its suppliers are not engaged in child and forced labour.
More about the company
- Newport Beach, California, United States of America
- Food and agriculture revenue USD
- Group revenue USD
- Onwnership structure
- Publicly listed
- Number of employees