Freeport Indonesia Sustainability Profile
Freeport Indonesia, officially known as PT Freeport Indonesia, is a leading mining company headquartered in Jakarta, Indonesia. Established in 1967, it has become a significant player in the mining industry, primarily focusing on the extraction of copper and gold from its vast operations in the Grasberg mine, located in Papua. With a commitment to sustainable practices, Freeport Indonesia has achieved notable milestones, including advancements in mining technology and environmental stewardship. The company is renowned for its high-quality copper concentrate and gold production, which positions it as one of the largest producers in the world. Freeport Indonesia's dedication to innovation and responsible mining has solidified its market position, making it a key contributor to Indonesia's economy and a leader in the global mining sector.
DitchCarbon Score
How does Freeport Indonesia's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Nickel Mining industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Freeport Indonesia's score of 23 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Freeport Indonesia's reported carbon emissions
In 2023, Freeport Indonesia reported total carbon emissions of approximately 4.27 billion kg CO2e. This figure comprises 2.55 billion kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 1.72 billion kg CO2e from Scope 3 emissions, which include indirect emissions from the value chain. Notably, there were no reported Scope 2 emissions for the year. Over the past few years, Freeport Indonesia has demonstrated a commitment to reducing its carbon footprint. In 2022, the company recorded total emissions of approximately 2.50 billion kg CO2e, indicating a significant increase in emissions in 2023. The Scope 1 emissions for 2022 were about 2.50 billion kg CO2e, with no Scope 2 emissions reported. In 2021, the total emissions were approximately 2.28 billion kg CO2e, with Scope 1 emissions at 2.28 billion kg CO2e. Freeport Indonesia has set intensity reduction targets for its copper production, aiming for a reduction of 3,520 kg CO2e per metric ton of copper produced by 2023, down from 3,710 kg CO2e per metric ton in 2022 and 5,400 kg CO2e per metric ton in 2021. These targets reflect the company's ongoing efforts to enhance sustainability within its operations. Currently, Freeport Indonesia does not have any disclosed science-based targets (SBTi) or specific climate pledges, indicating a potential area for future commitment. The emissions data is not cascaded from any parent organization, ensuring that the reported figures are solely reflective of Freeport Indonesia's operations.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 2,212,265,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | - | - | - | - |
| Scope 3 | - | - | - | - | 0,000,000,000 |
How Carbon Intensive is Freeport Indonesia's Industry?
How Carbon Intensive is Freeport Indonesia's Location?
Freeport Indonesia's Scope 3 Categories Breakdown
A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 40% of total emissions under the GHG Protocol, with "Processing of Sold Products" being the largest emissions source at 40% of Scope 3 emissions.
Top Scope 3 Categories
Freeport Indonesia's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Freeport Indonesia has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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