Chipotle Mexican Grill has set a climate change target for its greenhouse gas (GHG) emissions under scope 1, 2, and 3. Chipotle Mexican Grill latest filings mentioned the keywords ‘Emissions’ and ‘Climate Change’ most number of times in relation to 'Climate Change'.

In 2022, the company reported its scope 1 and 2 location-based emission at 272,611 MTCO2E. The market-based emissions under scope 1 and 2 was registered at 206,737 MTCO2E. The company strategy starts with seeking out energy efficiency opportunities to reduce our overall demand on energy resources, utilization and development of alternative low carbon resources, and use of renewable energy. It continues to identify design strategies to reduce its reliance on fossil fuels, like natural gas.

In 2022, the company completed energy audits with a third party, and started to innovate its design to create the restaurant of the future. It developed and piloted various scalable kitchen equipment that can reduce its energy needs. The company tested stovetop equipment, developed a more efficient rice cooker with their supplier, and evaluated changes in cookline design that can help to decrease the amount of energy consumed by the hood fans. The company assessed every piece of equipment in its restaurants to determine how it can transition to a low carbon design, while not sacrificing food safety, quality, and productivity.

In conclusion, Chipotle Mexican Grill has taken steps to reduce its emissions, including increasing energy efficiency, sourcing renewable energy, and engaging with suppliers to implement low-carbon practices. The company has also invested in elevating delivery services and reducing emissions from on-road vehicles. The company is evaluating compostable and recyclable materials and continuously looking for ways to eliminate waste and reduce its carbon footprint.

Premium Insights

From

The gold standard of business intelligence.

Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.

GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Company Filings Analytics uses machine learning to uncover key insights and track sentiment across millions of regulatory filings and other corporate disclosures for thousands of companies representing the world’s largest industries. This analysis is combined with crucial details on strategic and investment priorities, innovation strategies, and CXO insights to provide comprehensive company profiles.