Chipotle Mexican Grill has unveiled its 2023 Environmental, Social, and Governance (ESG) goals that are linked to executive compensation. The objectives include purchasing a minimum of 37.5 million pounds of local produce, enhancing diverse employee retention, and increasing the number of restaurants with composting programs. These aims fall under the categories of Food & Animals, People, and the Environment, and can affect executive bonus payouts by up to 15%. The company is also investing in a local food supply chain operating system and a cultured oil firm through its Cultivate Next venture fund. Chipotle aims to bring about genuine and sustainable change through its ESG goals and is committed to openly demonstrating the measures it’s taking to achieve them.
resource: https://esgnews.com/chipotle-announces-2023-esg-goals-tied-to-executive-compensation/