Freeport Mcmoran

Freeport Mcmoran's reported carbon emissions

Freeport-McMoRan, headquartered in the US and operating within the chemical and fertilizer minerals, salt, and other mining and quarrying products sector, reported total global greenhouse gas emissions of approximately 14.5 billion kg CO2e for 2024. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. For 2023, the company's total global emissions were approximately 13.7 billion kg CO2e. Scope 1 emissions for 2023 were approximately 51,110 kg CO2e, while Scope 2 emissions (market-based) totalled about 2.6 billion kg CO2e, and Scope 3 emissions reached approximately 6.4 billion kg CO2e. Freeport-McMoRan has established several reduction targets. Notably, Atlantic Copper has committed to reducing its Scope 1 and 2 GHG emissions by 50% by 2030, using 2018 as a baseline year. Additionally, there are targets to reduce GHG emissions intensity in the Americas by 15% per metric ton of copper cathode by 2030, also from a 2018 baseline. Specific targets also aim to reduce GHG emissions intensity at PT-FI by 30% per metric ton of payable copper by 2030 from a 2018 baseline. Furthermore, as of 2022, the company established absolute reduction targets to decrease GHG emissions at its Atlantic Copper smelter and refinery by 50% and at its primary molybdenum sites by 35%, both by 2030 from their 2018 baseline. The company's SBTi assessment indicates a commitment status of "Committed" with no near-term or long-term targets currently listed, and it is not committed to net-zero emissions.