Freeport Mcmoran Sustainability Profile
Freeport-McMoRan Inc., commonly referred to as FCX, is a leading international mining company headquartered in the United States. Established in 1912, Freeport-McMoRan has grown to become a prominent player in the mining industry, with significant operations in North America, South America, and Indonesia. The company primarily focuses on the extraction of copper, gold, and molybdenum, offering unique products that are essential for various industrial applications. With a strong commitment to sustainable mining practices, Freeport-McMoRan has achieved notable milestones, including advancements in environmental stewardship and community engagement. As one of the largest copper producers globally, the company holds a significant market position, contributing to the global supply chain while prioritising responsible resource management.
DitchCarbon Score
How does Freeport Mcmoran'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 Salt and Mineral 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 Mcmoran's score of 64 is higher than 81% 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 Mcmoran's reported carbon emissions
In 2024, Freeport-McMoRan reported total carbon emissions of approximately 13.5 billion kg CO2e, comprising 5.4 billion kg CO2e from Scope 1, 2.5 billion kg CO2e from Scope 2 (market-based), and 6.6 billion kg CO2e from Scope 3 emissions. The company has set ambitious targets to reduce its greenhouse gas emissions, committing to a 50% reduction in Scope 1 and 2 emissions by 2030, using 2018 as the baseline year. This commitment is part of their broader strategy to manage climate-related risks and support decarbonisation efforts. Freeport-McMoRan has also established specific intensity reduction targets, aiming for a 15% decrease in GHG emissions intensity for its Americas Copper operations and a 30% reduction for its Indonesia operations by 2030, both relative to 2018 levels. These initiatives reflect the company's proactive approach to addressing climate change and its impact on the mining sector. The emissions data is sourced directly from Freeport-McMoRan Inc., with no cascaded data from parent or related organisations. The company has not committed to a net-zero target as of now, indicating a focus on interim reduction goals rather than a long-term net-zero commitment.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 2,040,012,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000 | 00,000 | 0,000,000,000 |
| Scope 2 | 4,007,548,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 561,821,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Freeport Mcmoran's Industry?
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Freeport Mcmoran's Scope 3 Categories Breakdown
Freeport Mcmoran's Scope 3 emissions, which increased by 2% last year and increased significantly since 2015, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 45% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 49% of Scope 3 emissions.
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Freeport Mcmoran'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 Mcmoran has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Common questions about Freeport Mcmoran's sustainability data and climate commitments
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