Profile Disclosure |
Description |
Reference |
EC1 |
Direct economic value generated and distributed, including revenues, operating costs, employee compensation, donations and other community investments, retained earnings, and payments to capital providers and governments. |
WTSD Report: Summary of 2011 Key Economic Contributions by Operating Region
WTSD Report: Transparency of Government Payments
Land Use and Customary Rights |
EC2 |
Financial implications and other risks and opportunities for the organization's activities due to climate change. |
WTSD Report: Connecting the Future
Form 10-K: p. 55
WTSD Report: Energy and Greenhouse Gases
WTSD Report: Water
CDP 2012 Information Request |
EC3 |
Coverage of the organization's defined benefit plan obligations. |
Form 10-K: Employee Benefits p. 138 |
EC4 |
Significant financial assistance received from government. |
Freeport-McMoRan does not receive tax reliefs/credits, subsidies, awards, royalty holidays, financial assistance from Export Credit Agencies, financial incentives and other financial benefits from any government for any operation. |
EC6 |
Policy, practices, and proportion of spending on locally-based suppliers at significant locations of operation. |
Local Suppliers |
EC7 |
Procedures for local hiring and proportion of senior management hired from the local community at significant locations of operation. |
WTSD Report: Diversity and Local Hiring;
We do not currently have systems to track local hiring at all of our major operations, but aim to do so within the next three years. |
EC8 |
Development and impact of infrastructure investments and services provided primarily for public benefit through commercial, in-kind, or pro bono engagement. |
WTSD Report: Community Investment
WTSD Report: Public Health
Community Investment |
EC9 |
Understanding and describing significant indirect economic impacts, including the extent of impacts. |
Economic Impacts |