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 45 is higher than 94% 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 significant carbon emissions, totalling approximately 5,407,573,000 kg CO2e for Scope 1 and about 6,563,887,000 kg CO2e for Scope 3 emissions. This reflects the company's ongoing commitment to transparency in its environmental impact. In 2023, the company recorded emissions of approximately 5,139,523,000 kg CO2e for Scope 1, 2,831,755,000 kg CO2e for Scope 2, and about 6,428,197,000 kg CO2e for Scope 3, indicating a slight increase in emissions across these scopes compared to the previous year. Freeport-McMoRan has not set a net-zero target but has made commitments to reduce its carbon footprint. The company is currently classified as "Committed" to near-term reduction targets, although specific numerical targets have not been disclosed. Previous commitments have been removed or expired, indicating a need for clearer long-term strategies. The mining sector, particularly in metals like copper and aluminium, faces increasing scrutiny regarding carbon emissions. Freeport-McMoRan's emissions data and climate commitments are crucial for stakeholders seeking to understand the company's environmental impact and its approach to sustainability in the context of global climate goals.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 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 | 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.
