Freeport-McMoRan Inc.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2020🗂️ Report periods on file: 2020

In its 2020 reporting, Freeport-McMoRan Inc. disclosed greenhouse gas emissions of 7-9 million metric tons CO2e/year. By scope: Scope 1: 4.2M metric tons CO2e/year; Scope 2: 2.9M metric tons CO2e/year; Scope 3: 600.5K metric tons CO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
7-9 million metric tons CO2e/year
2020
⚡
Renewable Energy
12.1 PJ (2016) to 10.6 PJ (2020)
of total energy
💧
Water Usage
1.5M thousand cubic meters/year
2020
♻️
Waste
629 thousand metric tons slag/year, 229,300 metric tons non-mining waste/year
2020
⚙️
Energy Use
86.2 PJ/year
2020

📊 Emissions by Scope (2020)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).4.2M metric tons CO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.2.9M metric tons CO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).600.5K metric tons CO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Align climate strategy and disclosures with TCFD recommendations
  • Implement ISO 45001 Health and Safety Management System company-wide

📅 Medium-term

  • Reduce GHG emissions by 15% per ton of copper cathode in the Americas by 2030 (vs. 2018 baseline)
  • Implement the Global Industry Standard on Tailings Management at all tailings facilities

🌱 ESG Focus Areas

Environmental ManagementClimateWater StewardshipTailings Management & StewardshipBiodiversityWaste Management & ReclamationHealth & SafetyHuman RightsWorkforceCommunity Engagement & DevelopmentEngaging with Indigenous PeoplesAnti-CorruptionEthics & IntegrityBoard & CRC LeadershipResponsible Value ChainsProduct StewardshipPolitical Spending

⚠️ Challenges & Risks +

  • Five fatalities at PT-FI operations in Indonesia
  • COVID-19 pandemic impacting operations and community engagement
  • Increased employee turnover (15% in 2020)
  • Lower than target community investments ($108 million vs $165 million)
  • Challenges in engaging remote communities virtually due to unreliable internet access
  • Illegal artisanal mining at PT-FI
  • Water stress in several operating regions
  • Climate change risks (physical and transitional)

📋 Report Information

Reporting Period: 2020
Frameworks: GRI Standards Core option and G4 Mining and Metals Sector Supplement, SASB Metals & Mining industry framework
Assurance: Corporate Integrity Ltd.