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Economic

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