NEWPORT BEACH, Calif.,
Nov. 4, 2021 /PRNewswire/
-- Chipotle Mexican Grill (NYSE: CMG) today announced it has
set science-based targets with the Science Based Targets initiative
(SBTi) to reduce absolute Scope 1, 2 and 3 greenhouse gas (GHG)
emissions by 50% by 2030 from a 2019 base year. The approved targets have been classified by SBTi
as being in line with a long-term global temperature increasing
trajectory of 1.5°C. Cross-functional stakeholders and
third-party experts are actively developing the path forward for
achieving and monitoring the company's science-based targets.
"We are passionate about Cultivating a Better World and as a
company with nearly 3,000 restaurants and approximately 95,000
employees, we have a responsibility to drive meaningful change,"
said Laurie Schalow, Chief Corporate
Affairs & Food Safety Officer. "We are committed to continuous
improvement and will actively do our part to reduce our greenhouse
gas emissions and protect the planet."
To achieve these targets, Chipotle identified the four most
carbon intensive functions of its business to reduce emissions:
- Restaurants: With a long-term goal of having 6,000
restaurants in North America, the
brand is continuing to identify more sustainable design and
development. An ongoing pilot program explores scalable
construction diversion to reclaim and recycle building materials
for use in future remodels and buildouts. Chipotle also aims to
reduce emissions through smart Energy Management Systems (EMS) at
its restaurants and partner with like-minded tenants to find
efficiencies. The brand is also exploring purchasing renewable
energy and integrating more efficient restaurant equipment.
- Transportation and Warehousing: Chipotle will leverage
partners and innovation to reduce emissions associated with the
transportation and warehousing of its ingredients and products.
Additionally, with Chipotle's digital business increasing, the
company will identify emissions reduction strategies for
third-party and white label delivery.
- Food Supply Chain: In pursuit of its Food with Integrity
ethos, Chipotle will explore protein and animal management
solutions and promote carbon-reducing practices for produce and
other products within the supply chain.
- Waste and Packaging: The brand will pursue closed-loop
packaging solutions and leverage new market innovations to reduce
its end-of-life impact. To further optimize responsible waste
management, Chipotle is utilizing data to reduce overall waste,
increase landfill diversion programs, and enhance food waste
solutions.
ESG Goals
Earlier this year, Chipotle announced a new
Environmental, Social and Governance (ESG) metric that ties a
portion of annual incentive executive compensation to ESG goals.
The objectives, which are categorized by Food & Animals,
People, and the Environment, will hold Chipotle's executive
leadership team responsible to make business decisions that
Cultivate a Better World. Sharing Chipotle's Scope 3 emissions
fulfills one of the brand's goals, which was originally announced
for 2025 and later accelerated to 2021. Today, the company
announced its 2019 Scope 3 GHG
emissions were 1,419,298 MT
CO2e.
Real Foodprint
In 2020, Chipotle partnered with
HowGood, an industry-leading agency with the world's largest
sustainability database to further its transparency efforts and
better understand the carbon footprint associated with its menu
items. Chipotle launched Real Foodprint on the Chipotle app and
Chipotle.com, which compares average values for each of its real
ingredients to their conventional counterparts against five key
metrics: Less Carbon in the Atmosphere, Gallons of Water Saver,
Improved Soil Health, Organic Land Supported, and Antibiotics
Avoided. The brand later introduced a cumulative extension of its
Real Foodprint feature that allows guests to view the cumulative
potential impact of all their Chipotle orders, as compared to
orders using conventional ingredients, in one comprehensive
dashboard on the Chipotle app and Chipotle.com.
ABOUT CHIPOTLE
Chipotle Mexican Grill, Inc. (NYSE:
CMG) is Cultivating a Better World by serving responsibly sourced,
classically-cooked, real food with wholesome ingredients without
artificial colors, flavors or preservatives. Chipotle had nearly
2,900 restaurants as of September 30,
2021, in the United States,
Canada, the United Kingdom, France and Germany and is the only restaurant company of
its size that owns and operates all its restaurants. Chipotle is
ranked on the Fortune 500 and is recognized on the 2021 lists for
Forbes' America's Best Employers and Fortune's Most Admired
Companies. With nearly 95,000 employees passionate about providing
a great guest experience, Chipotle is a longtime leader and
innovator in the food industry. Chipotle is committed to making its
food more accessible to everyone while continuing to be a brand
with a demonstrated purpose as it leads the way in digital,
technology and sustainable business practices. For more information
or to place an order online, visit WWW.CHIPOTLE.COM.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/chipotle-sets-science-based-climate-goals-to-reduce-its-carbon-emissions-50-by-2030-301416360.html
SOURCE Chipotle Mexican Grill