REG - Tortilla Mexcn.Grill - Tortilla publishes first ESG report

Tortilla Mexican GrillAnnouncement

20/09/2022 07:01

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RNS Number : 8049Z  Tortilla Mexican Grill PLC  20 September 2022

20 September 2022

Tortilla Mexican Grill plc

("Tortilla" or the "Group")

Tortilla publishes first ESG report

Report sets out the Group's sustainability commitments and its vision for the
future

Tortilla Mexican Grill plc ("Tortilla"), the largest and most successful
fast-casual Mexican restaurant group in the UK, is pleased to announce that it
has published its first Environment Social Governance (ESG) report.

The report sets out the Group's sustainability commitments and five areas of
focus for future initiatives, which are aligned to the United Nations
Sustainability Development Goals (SDGs), and the Group's ESG performance for
the 2021 financial year and the first six months of 2022.

Tortilla's ESG strategy is based on three core pillars:

·    to reduce its impact on the environment;

·    to attract, develop and retain its people and core values; and

·    to enhance its positive impact on society and the communities where
it operates

Highlights of Tortilla's progress in line with these focus areas include;
maintaining zero waste to landfill status, procuring 100% renewable
electricity and offsetting gas, turning all waste cooking oil into bio-diesel,
launching a partnership with food waste organisation Too Good To Go with all
raised funds going to ESG initiatives, launching a local burrito donations
programme, driving wellbeing and career progression through the Tortilla
apprenticeship scheme, and raising more than £37,000 for charity over the
past year.

The Company's commitments include developing a net zero roadmap, verified by
the Science Based Targets Initiative (SBTi), and implementing strategies to
reach this; reducing waste; improving data capture across all staff and
implementing further training initiatives to aid retention and support
long-term career progression; and finally, to strengthen governance around ESG
including through becoming ISO 27001 certified by 2023.

Richard Morris, Chief Executive Officer at Tortilla, commented:

"We are proud to be sharing our first ESG report, as we emerge from and
continue to navigate what has been a very challenging period for many. The
pandemic and the months since have shown the importance of building a business
that is resilient and sustainable in its operations, and customers are
expecting this from us now more than ever.

"The urgency of issues such as climate change and growing socio-economic
challenges is clear, and our focus now is on our plans and commitments to
reducing our impact on the environment while enhancing our positive impact on
our communities and society as a whole. This will be a central part of our
business operations moving forward, and I look forward to reporting on our
progress in this area over the coming years."

Tortilla's first ESG report 2022 is available to read in full at:
www.tortillagroup.co.uk/corporate-governance/
(http://www.tortillagroup.co.uk/corporate-governance/)

 

ENDS

 

ENQUIRIES

 

 Tortilla Mexican Grill PLC                                Via Hudson Sandler
 Emma Woods, Non-Executive Chair
 Richard Morris, CEO
 Andy Naylor, CFO

 Liberum Capital Limited (Nominated Adviser, Sole Broker)  Tel: 020 3100 2222
 Andrew Godber
 Edward Thomas
 Nikhil Varghese

 Hudson Sandler (Public Relations)                         Tel: 020 7796 4133
 Wendy Baker                                               tortilla@hudsonsandler.com (mailto:tortilla@hudsonsandler.com)

 Lucy Wollam
 Charlotte Cobb

 

For further information, visit tortillagroup.co.uk
(https://tortillagroup.co.uk/)

 

 

NOTES TO EDITORS

 

About Tortilla Mexican Grill plc

 

Tortilla is the largest and most successful fast-casual Mexican restaurant
group in the UK specialising in the sale of freshly made Californian-inspired
Mexican cuisine. The Group has 84 sites worldwide as of 3 July 2022,
comprising 68 sites in the UK operated by the Group, four sites franchised to
SSP Group in the UK, four sites franchised to Compass Group UK & Ireland
and eight franchised sites in the Middle East.

 

The Group was founded in 2007 by Brandon Stephens, originally from California
who, upon his arrival in London in 2003, found it difficult to satisfy his
desire for quality burritos and tacos. As a result, Brandon established
Tortilla with a mission of offering customers freshly prepared, customisable,
and authentic Californian-inspired Mexican food.

 

The brand is synonymous with an energetic, vibrant culture, and with providing
a great value-for-money proposition. It embraces fast-growing sector trends
(including eating out, healthy eating, provenance, ethnic cuisine, delivery)
across a variety of locations, through a differentiated product offering which
is popular with a broad customer base, and a clearly defined multi-channel
marketing strategy. It benefits from flexible site locations and formats, and
a scalable central infrastructure.

 

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