Profile Disclosure |
Description |
Reference |
4.1 |
Governance structure of the organization, including committees under the highest governance body responsible for specific tasks, such as setting strategy or organizational oversight. |
Corporate Governance
Proxy Statement: p. 5-10
|
4.2 |
Indicate whether the Chair of the highest governance body is also an executive officer. |
Yes; Proxy Statement: p. 5 |
4.3 |
For organizations that have a unitary board structure, state the number of members of the highest governance body that are independent and/or non-executive members. |
The Freeport-McMoRan Copper & Gold Board of Directors is comprised of 9 independent directors, 1 non-independent director and 2 executive directors.
For additional information see Proxy Statement: p. 5 and 9 |
4.4 |
Mechanisms for shareholders and employees to provide recommendations or direction to the highest governance body. |
Proxy Statement: p. 5, 11 and 63-65 |
4.5 |
Linkage between compensation for members of the highest governance body, senior managers, and executives (including departure arrangements), and the organization's performance (including social and environmental performance). |
Proxy Statement: CD&A p. 27; 35-36 |
4.6 |
Processes in place for the highest governance body to ensure conflicts of interest are avoided. |
Freeport-McMoRan maintains Conflicts of Interest Guidelines designed to provide guidance to directors, officers and employees so that conflicts of interest may be avoided. The guidelines establish procedures for disclosure of actual or potential conflicts of interest so that concerns may be addressed and any necessary corrective action may be taken.
Corporate Governance Guidelines: p. 3
Principles of Business Conduct: p. 8 |
4.7 |
Process for determining the qualifications and expertise of the members of the highest governance body for guiding the organization's strategy on economic,environmental, and social topics. |
Proxy Statement: p. 10-11 and 63-65 |
4.8 |
Internally developed statements of mission or values, codes of conduct, and principles relevant to economic, environmental, and social performance and the status of their implementation. |
WTSD Report: Our Approach
Policies
|
4.9 |
Procedures of the highest governance body for overseeing the organization's identification and management of economic, environmental, and social performance, including relevant risks and opportunities, and adherence or compliance with internationally agreed standards, codes of conduct, and principles. |
Proxy Statement: p. 9
Corporate Governance Guidelines: p. 6
Public Policy Committee Charter |
4.10 |
Processes for evaluating the highest governance body's own performance, particularly with respect to economic, environmental, and social performance. |
Corporate Governance Guidelines: p. 6 |
4.11 |
Explanation of whether and how the precautionary approach or principle is addressed by the organization. |
We believe it is our duty to minimize the impact of our operations on the environment using risk management strategies based on valid data and sound science and, where practicable, to protect and enhance the quality of the environment in areas where we operate. Our approach to planning for and managing environmental impacts or opportunities in new projects and current operations are described in:
WTSD Report: Our Approach
WTSD Report: Environment |
4.12 |
Externally developed economic, environmental, and social charters, principles, or other initiatives to which the organization subscribes or endorses. |
External Initiatives |
4.13 |
Memberships in associations. |
External Initiatives |
4.14 |
List of stakeholder groups engaged by the organization. |
WTSD Report: Stakeholder Engagement Stakeholder Engagement |
4.15 |
Basis for identification and selection of stakeholders with whom to engage. |
WTSD Report: Stakeholder Engagement Stakeholder Engagement |
4.16 |
Approaches to stakeholder engagement, including frequency of engagement by type and by stakeholder group. |
WTSD Report: Stakeholder Engagement Stakeholder Engagement |
4.17 |
Key topics and concerns that have been raised through stakeholder engagement, and how the organization has responded to those key topics and concerns, including through its reporting. |
WTSD Report: Stakeholder Engagement Stakeholder Engagement |
