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Diversity

We operate in regions of varying ethnic, religious and cultural backgrounds and are generally the largest employer in local communities. The resulting diverse backgrounds and perspectives within our workforce are an asset to our business. We prohibit discrimination and harassment, and our Principles of Business Conduct and Human Rights Policy require that all employees treat everyone in and around our operations with dignity and respect.

Freeport-McMoRan defines discrimination as an act or practice of treating a person differently than others, causing a negative impact, based on that person belonging to a class or category rather than treating the person fairly on the basis of individual merit. Discrimination can take a number of forms and can be based on various categories, such as disability, use of genetic information, age, race, ethnicity, religion and gender.

The Freeport-McMoRan Compliance Line, a phone system managed by an independent third party, allows concerns to be reported anonymously. In 2015, of the reports made through the Freeport-McMoRan Compliance Line, 40 included allegations of some form of discriminatory or harassing conduct. Sixteen of these reports included allegations that were substantiated, and appropriate disciplinary and remedial action was taken.

We seek ways to recruit and foster career development for women in our company, as women traditionally have been underrepresented in the mining sector. Over 300 women hold manager or higher positions in the company. We have several women in key management roles within our organization, including our Chief Financial Officer, and two members of our Board of Directors. The percentage of women represented in our company varies across geographies, from a high of 18 percent in North America to a low of four percent in both Africa and Indonesia. The percentage of women in our employee population remains at 10 percent overall, which is below our target of 15 percent. Even in a year where hiring was down due to economic conditions, we participated in 22 recruiting events in 2015 in the United States alone. These events included several intended to increase the diversity of our employee base.



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