|
|||
|
|||
|
Freeport-McMoRan Copper & Gold Inc., PT
Freeport Indonesia and Atlantic Copper, S.A. have established a
comprehensive Ethics and Business Conduct Policy which requires all
employees to adhere to ethical standards established by the Company
and consistent with applicable laws, including the U.S. Foreign
Corrupt Practices Act and the Sarbanes-Oxley Act. All appropriate
Company personnel are required to certify annually their adherence
to this policy. In addition, employees are required to notify the
Company compliance officer of any activity, transaction or other
information involving a suspected violation of the policy. Any
reported incidents or concerns about violations or potential
violations are investigated and resolved appropriately. We conduct periodic training sessions for our managers, supervisors and other personnel so they can identify potential issues and know how to respond appropriately. We also periodically review our policies and procedures to ensure that applicable legal requirements and expectations regarding corporate responsibility are met. See our Ethics and Business Conduct Policy on our web site (www.fcx.com). |
|||
| Corporate Governance | |||
|
Freeport-McMoRan Copper & Gold Inc.'s
employees and officers conduct the Company's business under the
direction of our Office of the Chairman, comprised of our Chairman
and our Chief Executive Officer, with oversight by our Board of
Directors. Our shareholders elect our Board to oversee management
and to assure that the long-term interests of our shareholders are
being served. Both the Board of Directors and management team
recognize that the long-term interests of our shareholders are
advanced by addressing corporate governance appropriately and
responsibly. Our Board consists of nine members, a majority of whom are independent. We also have two advisory directors and one director emeritus. In accordance with our Corporate Governance Guidelines, non-employee directors met in executive session at the end of each regularly scheduled Board meeting. Each of the members of our Audit, Corporate Personnel, and Nominating and Corporate Governance Committees is independent within the meaning of our Corporate Governance Guidelines. In addition, our Board has determined that each member of our Audit Committee qualifies as an "audit committee financial expert," as such term is defined by the rules of the Securities and Exchange Commission. Each Board committee operates under a written charter adopted by our Board. Our Corporate Governance Guidelines and all of the committee charters are available on our web site (www.fcx.com). |
|||
| Back to Top | |||