Chipotle Mexican Grill

Restaurants & Bars

CMG

$ 1,646 2.3

Share price

$ 46 bn

Market Cap

$ 48 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.15x the weighted average for S&P 500

FY2021

Primary Climate Goal

Proj. YOY change in GHG emissions (all Scopes)

Stronger than the -6.9% weighted average for S&P 500

FY2022

Chipotle Mexican Grill aims to reduce all Scopes by 50% by 2030 from a base year 2019

This target has not been verified as science based according to SBTi

GHG emissions and Carbon intensity

Chipotle Mexican Grill reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 255 Kt (+11/+4.5% y-o-y). At the sime time, carbon intensity declined to 41 t (-5.4 /-11.7% y-o-y).

Chipotle Mexican Grill's Scope 3 emissions was up at 3,567 Kt (+2,148/+151% y-o-y).

The company is committed to reducing all Scopes by 50% by 2030 from a base year 2019, which translates into the estimated reduction of -332 Kt per annum over the period of FY2022 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Date	Total CO2e emissions (location-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4	255	126	129	3,567
2020Q4	244	118	126		5,985	41
2019Q4	258	119	139	1,419	5,586	46
2018Q4	239	109	130		4,865	49
2017Q4	236	103	133		4,476	53
2016Q4	236	96	140		3,904	61

Chipotle Mexican Grill

Carbon footprint

Primary Climate Goal

Chipotle Mexican Grill aims to reduce all Scopes by 50% by 2030 from a base year 2019

GHG emissions and Carbon intensity

Chipotle Mexican Grill's carbon footprint

Company environmental metrics