05/07/2025 | Press release | Distributed by Public on 05/07/2025 05:04
NEWPORT BEACH, Calif., May 7, 2025 -Chipotle Mexican Grill (NYSE: CMG) today published its 2024 Sustainability Report, which outlines the company's impact, progress and goals in three areas, Food and Animals, People, and the Environment, that play a critical role in advancing its mission to Cultivate a Better World.
To learn more about sustainability at Chipotle and review the full report, please visit chipotle.com/sustainability.
Since 2021, Chipotle has tied a portion of executive compensation to its Brand Purpose goals to drive accountability in leadership decisions, aligning the company's values with strategic initiatives. In 2024, Chipotle achieved its targets in all three focus areas. Highlights of Chipotle's Brand Purpose targets and sustainability achievements include:
Food and Animals
People
Environment
"How we grow our food is how we grow our future," said Laurie Schalow, Chief Corporate Affairs and Food Safety Officer. "Our sustainability initiatives are designed to support the future of real food and our long-term goal of operating 7,000 restaurants across the U.S. and Canada."
Expanding Communities' Access to Solar Energy
To progress toward its long-term goal of 100% renewable energy usage at its U.S. restaurants, Chipotle has entered into an agreement with Nexamp, the nation's largest community solar provider, to purchase renewable energy bill credits to support the construction and operation of 15 new community solar farms with a generation capacity of 75 megawatts in Illinois, New York, Maryland and Maine, bringing Chipotle's support of 90 megawatts of new capacity in these regions. Under the agreement, Chipotle is subscribed to credits associated with 20 megawatts from the portfolio of projects while Nexamp states the remaining 55 megawatts will provide hundreds of thousands of dollars in savings to approximately 9,000 local families, non-profits and other businesses as a result of financial incentives provided by local utilities to use the renewable energy. Construction is underway and Nexamp expects the sites to be operating later this year.
1 - Chipotle defines "local" as food sourced from within 350 miles of one of its third party distribution centers.
2 - Consists of purchases of certified renewable energy certificates, as well as a small contribution from on-site solar generation.
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. There are nearly 3,800 restaurants as of March 31, 2025, in the United States, Canada, the United Kingdom, France, Germany, Kuwait, and United Arab Emirates and it is the only restaurant company of its size that owns and operates all its restaurants in North America and Europe. With over 130,000 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.