Robust governance is foundational to our responsible and sustainable business practices. Good governance requires focused and consistent leadership to ensure FCX’s values and sustainability strategy are integrated into everyday operations and business decisions. Given the breadth and complexity of sustainability matters, our governance structure seeks to leverage our internal regulatory and technical expertise to identify sustainability-related risks and opportunities through the effective management and oversight of an interdisciplinary team.

Integrating responsible business practices across our global operations requires comprehensive and disciplined efforts. These practices enhance our reputation and build trust among employees, suppliers, customers, regulators and the wider communities in which we operate. Through business ethics and anti-corruption policy implementation and maintaining whistleblower channels, we aim to uphold our commitment to responsible business conduct.

FCX believes respect for human rights is a business imperative and that all people should be treated with dignity and respect. We recognize and respect the rights of all individuals, including employees, contractors, business partners, local communities, Indigenous Peoples and others who may be impacted by our business activities. Our governance structure, policies, training, due diligence processes and grievance mechanisms lay the foundation for how we work to embed respect for human rights at all levels of our business. They help us to identify, assess and mitigate potential and actual adverse impacts to stakeholders associated with our operations and projects and to provide for, or cooperate in, remediation when our activities cause or contribute to adverse human rights impacts. We strive for continuous improvement across our management of human rights and expect everyone at FCX, as well as our business partners, to play a role in upholding this commitment.

How we source and sell the goods and services needed for our business has a direct impact on environmental and social matters across our value chain. Given our scale, we have a critical role to play in setting and maintaining high standards for both FCX and our partners. Our responsible value chain strategy is centered around (1) identifying and mitigating risk in our supply chains through our own responsible sourcing efforts for goods and services, (2) product stewardship to manage the in-use risks of our products and by-products and (3) working to better understand the full lifecycle impacts of our products.