Freeport Mcmoran
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 40 is higher than 91% 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 2023, Freeport-McMoRan reported total carbon emissions of approximately 5,139,523,000 kg CO2e for Scope 1, 2,831,755,000 kg CO2e for Scope 2, and 6,428,197,000 kg CO2e for Scope 3 emissions. This reflects a total of about 7,971,278,000 kg CO2e for Scope 1 and 2 combined. Over the years, Freeport-McMoRan has demonstrated a commitment to reducing its carbon footprint. In 2022, the company reported Scope 1 emissions of approximately 5,179,522,000 kg CO2e, Scope 2 emissions of about 2,757,463,000 kg CO2e, and Scope 3 emissions of approximately 5,892,373,000 kg CO2e. This indicates a focus on managing emissions across all scopes, particularly in Scope 3, which includes emissions from the supply chain and product use. Freeport-McMoRan has not committed to a net-zero target as of now, and its near-term reduction targets have been classified as "Committed" but with no specific targets set. The company operates in the mining sector, which is known for its significant carbon emissions, and is actively working to address these challenges. Overall, Freeport-McMoRan's emissions data and climate commitments reflect an ongoing effort to manage and reduce its environmental impact while navigating the complexities of the mining industry.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 4,793,264,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 4,201,061,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 618,819,000 | 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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Freeport Mcmoran is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
