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 59 is higher than 77% 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 14.5 billion kg CO2e, comprising 5.4 billion kg CO2e from Scope 1, 2.5 billion kg CO2e from Scope 2, and 6.6 billion kg CO2e from Scope 3 emissions. The company has set a significant commitment to reduce its greenhouse gas emissions (Scope 1 and 2) by 50% by 2030, using 2018 as the baseline year. This target reflects a proactive approach to climate action within the mining sector, which is critical given the industry's substantial carbon footprint. Freeport-McMoRan's emissions data is not cascaded from any parent organization, ensuring that the reported figures are directly attributable to its operations. The company has not committed to net-zero emissions or established long-term targets as of the latest updates. However, its near-term reduction initiatives demonstrate a clear intention to address climate change and enhance sustainability practices.
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Access structured emissions data, company-specific emission factors, and source documents
| 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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Frequently Asked Questions
Common questions about Freeport Mcmoran's sustainability data and climate commitments