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CHIPOTLE MEXICAN GRILL
Transcript of CHIPOTLE MEXICAN GRILL
$480 Stock Price
$14.8 Billion Market Cap
No Shortage of Potential Locations
Admirable Scholarship Fundraising
High Diverse Management
Chipotle Cultivation Foundation
Health care offered to every employee (WR 3.3)
100% match for the first 3% of base salary and 50% of the next 2% of base salary. (WR3.6)
Employee stock repurchase plan
15% of their base salary
Maximum 250 Shares
Other small benefits
Founded by Steve Ells in 1991
Currently 1,595 restaurants.
Saw an opportunity in the speed of creating burritos in an assembly line format.
Realized the potential cash cow, in hopes to raise capital for dream restaurant
"Food with Integrity"
High Quality Ingredients
BUSINESS MODEL CANVAS
Food from Sustainable Farms
Strong Relationship with Suppliers
High Job Satisfaction
Within 350 miles when practical and available
Self Operating since 2006
Third Party Auditing
Code of Ethics (CEO, CFO)
Nation Outreach Program
Cover % of Health Insurance
Become a B Corp
Presented by: Chad Becker, Eddie Bernson, Alyssa Cowan, and Shane Goudas
Platinum LEED Restaurant
"97% of salaried management and over 98% of hourly management are promoted from within the company."
Kitchen or Service Manager
Environmentally Preferable Purchasing
Coalition of Immokalee Workers
Joined voluntarily in 2012
Represents 90% of Florida's tomato farms
Example of indirect stakeholder representation
What is a GMO?
93% of soybeans and 85% of corn
Chipotle has no official timeline
Chipotle is as transparent as most publicly traded companies
Have no official sustainable reporting
Not afraid to embrace negatives
Clearly promoting vertically integrated sustainability
National Outreach Program
Cover % of Healthcare
Become a B corp
Become first Public Company to do it
Profits will Continue Growing
Will benefit Sustainability Community
Hire a team
Head of Sustainability
Practices should Reflect Mission
Full backing creating shared value
1/2% x $535 million=$ 3 million
Quality is currently a problem.
Offer Health Incentives
Pay a percentage of worker healthcare
Higher Retention Rate
Maintain Competitive Advantage
Food With Integrity