Freeport Mcmoran

Freeport-McMoRan, a US-headquartered company in the chemical and fertiliser minerals, salt, and other mining and quarrying products sector, reported estimated total carbon emissions of approximately 13.9 billion kg CO2e for 2025. This includes Scope 1 emissions of approximately 5.06 billion kg CO2e, Scope 2 market-based emissions of approximately 2.89 billion kg CO2e, and Scope 3 emissions of approximately 6.04 billion kg CO2e. For 2024, the company's Scope 1 emissions were approximately 5.41 billion kg CO2e, Scope 2 market-based emissions were approximately 2.48 billion kg CO2e, and Scope 3 emissions included approximately 1.28 billion kg CO2e from processing of sold products, 3.21 billion kg CO2e from purchased goods and services, 1.62 billion kg CO2e from fuel and energy-related activities, and 463 million kg CO2e from upstream transportation and distribution.

In 2023, Freeport-McMoRan disclosed Scope 1 emissions of approximately 5.14 billion kg CO2e, Scope 2 market-based emissions of approximately 2.62 billion kg CO2e, and total Scope 3 emissions of approximately 6.43 billion kg CO2e. Key Scope 3 categories included approximately 3.25 billion kg CO2e from purchased goods and services and approximately 1.55 billion kg CO2e from fuel and energy-related activities.

Freeport-McMoRan has established several climate commitments. The company aims to reduce the greenhouse gas (GHG) emissions intensity of its Freeport Americas Copper operations by 15% from its 2018 baseline by 2030. Additionally, it targets a 30% reduction in GHG emissions intensity at its Indonesia operations by 2030, also from a 2018 baseline. Two absolute reduction targets, established in 2022, include reducing GHG emissions of the Atlantic Copper smelter & refinery by 50% and primary molybdenum sites by 35%, both by 2030 from a 2018 baseline. These targets cover nearly 100% of the company's global Scope 1 and 2 GHG emissions. Freeport-McMoRan Inc. is listed by the Science Based Targets initiative (SBTi) with a "Commitment removed" status for near-term targets.