Guacapocalypse Now: Chipotle Warns Investors of Climate Change
Chipotle Inc. has warned investors that climate change may change the ingredients of items on its menu.
“Increasing weather volatility or other long-term changes in global weather patterns, including any changes associated with global climate change, could have a significant impact on the price or availability of some of our ingredients,” the popular chain, whose Sofritas vegan tofu dish recently went national, said in its annual report released last month. “In the event of cost increases with respect to one or more of our raw ingredients we may choose to temporarily suspend serving menu items, such as guacamole or one or more of our salsas, rather than paying the increased cost for the ingredients.”Chipotle fans can take heart. There is no looming guacamole crisis. Side note: I never thought I would type that last sentence.
But there's no reason for Chipotle fans to panic, says company spokesman Chris Arnold. He tells us that the warning included in the SEC filing is just a routine disclosure of risk factors that could impact business. "There is no looming 'guacapocalypse' and I wouldn't read too much into this," Arnold tells The Salt in an email.Chipotle Inc. has been committed to green business policies. The Chipotle restaurants in your area buy produce from local organic farmers. In Tampa, Chipotle has teamed up with Truck Farm Tampa to educate people on organic food. You can learn more about Truck Farm Tampa by contacting visiting www.truckfarmtampa.com.