Chipotle

California
Food Beverage and Tobacco

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

Chipotle scored a 100 out of 100 on the 2023-2024 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 provides a benefits package for employees which covers transgender medical procedures for covered employees and dependents, including children. 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.

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Shareholder Proposals

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Date
ESG Category
Proponent
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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