Food Beverage and Tobacco

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk


Chipotle scored a 100 on the 2023 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. By complying with the HRC’s controversial demands, Chipotle increases the risk of dividing employees, alienating customers and harming shareholders. The company covers transgender-related medical costs for its employees and their children and provides specific sexual orientation and gender identity-based benefits. It also uses sex and gender ideology criteria in employee recruitment, vendor selection, marketing, and philanthropic support. Chipotle forces employees to undergo multiple ideological trainings and uses its reputation, corporate funds, and political influence to support controversial sex and gender ideologies, organizations, and legislation. Chipotle has previously donated to Planned Parenthood and funds multiple LGBTQ groups. For these reasons, Chipotle receives a High Risk rating.

Shareholder Proposals

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ESG Category
Summary of ResolutionMgmt RecTotal Vote % in Favor
5/25/23GovernanceNew York State Common Retirement FundAdopt ILO Trade Union Standards and ReportAgainst33.10%
5/25/23GovernanceJames McRitchieLimits on Bylaws AmendementsAgainst12.30%
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