Sustainable Development > Global Reporting Initiative Global Reporting Initiative |
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Reporting Period: January 1, 2006-December 31, 2006 In January of 2005, 16 leading mining and metals companies comprising the International Council on Mining and Metals (ICMM) agreed to report on their sustainable development performance using the GRI Sustainability Reporting Framework, including the Mining and Metals Sector Supplement. The Global Reporting Initiative (GRI) is a multi-stakeholder process and independent institution whose mission is to develop and disseminate globally applicable Sustainability Reporting Guidelines. The International Council on Mining and Metals (ICMM) is a CEO-led organization dedicated to sustainable development and to the vision of a viable mining, minerals and metals industry widely recognized as essential for modern living and a key contributor to sustainable development. FCX’s report is based on GRI requirements. Freeport-McMoRan Copper & Gold Inc. (FCX) is a company incorporated in the state of Delaware, U.S.A. where its common stock, preferred stock and senior notes are publicly traded on the New York Stock Exchange. Our common stock symbol is FCX. Our Indonesian mining affiliate, PT Freeport Indonesia (PT-FI), is a major producer of copper from mineral ore containing significant amounts of gold. The world requires the copper we produce to sustain and expand economies and for infrastructure development. The copper concentrate from our mining complex in Papua, Indonesia, and the copper products from our wholly owned Atlantic Copper, S.A. smelter in Spain and our 25-percent-owned smelter in Indonesia, PT Smelting, are essential for the communications, transportation, electronics and other industries on which the world relies. Note: FCX, as a founding member of ICMM, is committed to superior business practices in sustainable development. We have committed to implement the ICMM Sustainable Development Framework and comply with policy statements of the ICMM Council; details are given in our Working Toward Sustainable Development report. The ICMM Sustainable Development Framework comprises four elements: a set of 10 Principles, supported by public reporting in accordance with Global Reporting Initiative (GRI) guidelines, independent assurance, and a commitment to sharing good practice. FCX is fully committed to the Global Reporting Initiative (GRI). The left-hand column of the report indicates which of the 10 ICMM Principles corresponds to each item within the GRI report. |
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