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CHIPOTLE MEXICAN GRILL, INC. | Greater Disclosure of Material Corporate Diversity, Equity and Inclusion Data at Chipotle Mexican Grill, Inc

AGM date
Proposal number
7
Resolution details
Company ticker
CMG
Lead filer
Nathan Cummings Foundation
Resolution ask
Report on or disclose
ESG theme
  • Social
ESG sub-theme
  • Diversity & human capital management
Company sector
Consumer Discretionary
Company HQ country
United States
Resolved clause
Shareholders request a report to shareholders on the outcomes of the Company’s diversity, equity, and inclusion efforts by publishing quantitative data on workforce composition, and recruitment, retention, and promotion rates of employees by gender, race, and ethnicity. The reporting should be done at reasonable expense and exclude proprietary information.

How other organisations have declared their voting intentions

Organisation name Declared voting intentions Rationale
EFG Asset Management For While Chipotle provides some information on its diversity and inclusion efforts, company strategy and approaches are broadly stated. The company could have more comprehensive diversity metrics reporting. Without further disclosure, it is difficult to assess the efficacy of the company's diversity programs and initiatives, particularly for its retention and recruitment. Increased disclosure on the company's diversity, equity and inclusion efforts, including quantitative, comparable data, would benefit shareholders in assessing the company's oversight of associated risks. Therefore, support for this proposal is warranted.