Sustainable Development > About the Company > Corporate Governance Corporate Governance |
||
 | ||
|
Strong policies guide our commitment to ethical corporate behavior and respect for local communities. The Public Policy Committee of our Board of Directors assists in fulfilling the Board’s oversight responsibilities with respect to the company’s 1) environmental programs; 2) governmental and community relations programs; 3) social, employment and human rights policies and practices; 4) health and safety programs; and 5) charitable and philanthropic contributions. During 2008, Freeport-McMoRan Copper & Gold Inc. created a department of Environmental Services and Sustainable Development to address more clearly and directly the social, economic and environmental challenges and opportunities we face every day. This department spans traditional management structures, taking an integrated approach to addressing material sustainability issues. Freeport-McMoRan Copper & Gold Inc. is a signatory to the U.S. State Department-British Foreign Office Voluntary Principles on Security and Human Rights. We are committed to ensuring that we conduct our operations in a manner consistent with the U.N. Universal Declaration on Human Rights, the laws and regulations of the host countries in which we operate and the culture of the people who are indigenous to the company’s operational areas. We endorse the Extractive Industries Transparency Initiative (EITI), making an international commitment to disclose revenues and payments to governments. Freeport-McMoRan Copper & Gold Inc. subscribes to the U.N. Millennium Development Goals, which we are now evaluating for alignment with our risk-based approach to sustainable development. At the Tenke Fungurume project in the Democratic Republic of Congo, our commitments and policies are also aligned with International Finance Corporation performance standards on social and environmental sustainability and the Equator Principles. Principles of Business Conduct The cornerstone of our commitment to integrity is our Principles of Business Conduct. They are designed to reinforce what is important in our everyday work life – hard work, honesty, treating people fairly and working safely. Our commitment to these principles is the bond that binds us all in pursuing our common vision, from senior management to entry-level employees.
|
Company Resources
| |