HUMAN RIGHTS DUE DILGENCE

As we seek to further embed respect for human rights across our organizational activities, we use our risk register process to identify risks to people at our existing operations. We also have a risk identification process for our new or growth projects to address potential and actual impacts on rights-holders. We implement and refine our approach to human rights through ongoing stakeholder engagement, grievance management and the findings from our Human Rights Impact Assessments (HRIAs).

A variety of factors are considered when prioritizing sites for specific human rights due diligence. We consider which sites have a higher human rights risk profile, as well as whether a site has recently undergone or has potential for significant operational change, stakeholder feedback and other practical considerations regarding implementation.

HUMAN RIGHTS IMPACT ASSESSMENTS

Standalone HRIAs are the primary way we conduct specific human rights due diligence at our operations. These assessments involve direct input from a broad cross-section of internal and external rights-holders and support continuous improvement of our management systems by testing their effectiveness in identifying and addressing potential, actual and perceived human rights risks and impacts. Our HRIAs are conducted by third party consultants using a methodology aligned with the UNGPs. Our current HRIA schedule and status is outlined below.

For information about our HRIA methodology, process and assessment summaries, please refer to the following documents:

• FCX HRIA Methodology
• FCX El Abra Case Study

RESPONSIBLE SOURCING

In addition to HRIAs, our responsible sourcing programs require human rights due diligence on suppliers of both goods and services as well as minerals and metals for further processing. In 2021, we continued refining our approach to assess supplier human rights and other sustainability-related risks which we discuss in more detail in our Responsible Value Chains section of our 2021 Annual Report on Sustainability. The development of these programs is also partly linked to the site-level HRIAs we have conducted to date, which have highlighted the need for more visibility into potential human rights risks within our supply chains.

To learn more, please see our 2021 ANNUAL REPORT ON SUSTAINABILITY

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