Red Robin Gourmet Burgers, Inc.
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Sustainability
- Human Capital Management
- Diversity, Equity, and Inclusion
Social Achievements
- Published first sustainability report
- Established a 10-member Diversity, Equity, and Inclusion Council to develop a long-term strategy
Climate Goals & Targets
Environmental Challenges
- Supply chain disruptions due to the COVID-19 pandemic and commodity cost inflation
- Challenges in attracting and retaining Team Members in a competitive job market
Mitigation Strategies
- Entered into fixed-price purchase commitments for certain commodities
- Improved staffing levels in restaurants throughout the year
- Proactively addressing industry challenges while delivering a great Guest experience and prioritizing Team Member satisfaction and retention
Supply Chain Management
Supplier Audits: annual basis for all food and beverage suppliers
Responsible Procurement
- Detailed specifications for proprietary food ingredients, products, and supplies to suppliers
- Require outside third party certification audits
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: SASB
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Sustainability
- Human Capital Management
- Diversity, Equity, and Inclusion
Social Achievements
- Published second sustainability report and SASB Restaurant Industry disclosures.
- Launched a new Team Member engagement survey to gather insights and create action plans to enhance the workplace.
- Established a DE&I Steering Council to establish a long-term strategy and plan for DE&I.
Climate Goals & Targets
Environmental Challenges
- Increased pressure and expectations to provide expanded disclosure and make commitments with respect to various environmental and social issues.
Mitigation Strategies
- Continued sustainability journey by completing a materiality assessment to identify and understand the ESG topics that matter most to stakeholders.
- Sustainability efforts continue to evolve and adapt to integrate with North Star strategic priorities.
Supply Chain Management
Supplier Audits: annual basis for all food and beverage suppliers (excluding alcoholic beverages)
Responsible Procurement
- Detailed specifications for proprietary food ingredients, products, and supplies to suppliers.
- Require outside third party certification audits.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: SASB