We are committed to promoting the health, safety and well-being of our workforce and striving to further strengthen our commitment to promoting an inclusive, respectful and agile workplace. We are dedicated to fostering trusting, long-term relationships that empower our workforce and communities to thrive now and in the future.
Health, Safety and Well-Being
OUR APPROACH
Safety is a core company value and is a foundation of doing business. Our highest priority is the health, safety and well-being of our workforce, suppliers and the communities where we operate. We believe that health and safety considerations are integral to, and fundamental for, all other functions in our organization, and we understand the health and safety of our workforce is critical to our operational efficiency and long-term success. Our Safety and Health Policy outlines our commitments, processes and management systems to meet our health and safety objectives.
Our objective is to achieve zero workplace fatalities and to decrease injuries and occupational illnesses. As part of our commitment to providing a healthy and safe workplace, we strive to provide the training, tools and resources needed so our workforce can identify risks and consistently apply effective controls. Our Occupational Health and Safety Management System provides the framework for managing risks and compliance obligations and is certified company-wide in accordance with the ISO 45001 Health and Safety Management System, which requires third-party site-level verification of requirements, with an overall goal of preventing fatalities and reducing safety incidents.
We share information and key learnings about potential fatal events, high-risk incidents, and best practices throughout FCX and engage with relevant subject matter experts in evaluating corrective actions from root cause analysis. We also participate with industry peers and professional organizations to share best practices and continuously improve our health and safety program. We carefully monitor our workforce’s potential exposures to hazardous dust, chemicals, noise and similar agents to better control occupational health risks. We partner with occupational medicine experts to implement comprehensive medical screening for employees who work with potentially hazardous substances or in potentially hazardous areas.
In addition to safety, we aim to work in partnership with our host communities to support their overall health and well-being by monitoring and providing assistance in addressing (1) regional health challenges such as malaria, tuberculosis, maternal and child health and malnutrition, (2) access to clean water, and (3) infrastructure limitations, among others. Where appropriate, we seek to collaborate with local public health officials to support community-relevant health education and program development activities and implementation.
To learn more, please see our 2024 ANNUAL REPORT ON SUSTAINABILITY
Workforce
OUR APPROACH
FCX believes its global workforce is the foundation of its success. By offering innovative, impactful work and pathways for skills development, we aim to recruit and retain talented employees with diverse perspectives. Competitive compensation and benefits and pathways for career advancement are integral to our approach to human capital management.
FCX prioritizes a highly engaged, agile workforce and, in addition to physical and psychological safety, aims to support the overall workforce health and well-being by providing access to health and wellness programs, including support for physical, mental, financial, and emotional well-being, and offering opportunities for flexible work schedules, where practicable, among other programs. FCX is dedicated to supporting employees and their families worldwide. Recognizing the varied needs of our global workforce, FCX offers tailored resources that align with local needs and practices. Healthcare options with affordable premiums are offered globally to eligible employees and their families, and preventive care is covered through these options. Through company-paid employee assistance programs, employees and their families have access to confidential support for mental health, emotional challenges, financial guidance and emergency resources.
FCX's core policies ― including our PBC, Business Partner Code of Conduct, Human Rights, Inclusion and Diversity and Social Performance ― together outline the company culture, commitment to doing what is right, and the expectations FCX has for employees and contractors. These global policies are publicly available and translated into the local languages of the regions where FCX operates.
To learn more, please see our 2024 ANNUAL REPORT ON SUSTAINABILITY
Communities and Indigenous Peoples
OUR APPROACH
FCX strives to work in partnership with our host communities and Indigenous Peoples to earn and maintain their trust and deliver shared value. While we tailor our programs to the dynamics of each operation and host community, our overarching objectives in partnership with local stakeholders remain consistent: (1) work to build enduring trust, (2) avoid, minimize or mitigate adverse impacts from our operations with input from affected people, (3) maximize the positive benefits, and (4) support host communities in building the resilience necessary to adapt and thrive during and beyond the life of our mines. We do this through proactive, ongoing engagements and constructive dialogue, which are foundational to our approach and inform our decisions. We regularly seek feedback and input on a range of topics from our host communities and other stakeholders with real or perceived impacts by our operations or projects through various engagement channels. As the interests and concerns of our stakeholders can change over time, ongoing and proactive engagement is necessary to understand and address evolving needs and expectations.
OUR APPROACH WITH INDIGENOUS PEOPLES
We acknowledge and respect the social, economic and cultural rights of the Indigenous Peoples who occupy or have historically occupied or have ancestral connections to areas within or near our operations. We also understand that Indigenous Peoples often have special connections to land, water and other natural resources that can be tied to their physical, spiritual, cultural and economic well-being. We are steadfast in our commitment to acknowledge, respect and engage collaboratively with Indigenous Peoples. Through our Building Trust approach, dedicated teams, such as our Native American affairs team in the U.S. and PTFI’s Papuan affairs team in Indonesia, strive to understand the values and cultural needs of each group of Indigenous Peoples; develop and maintain ongoing relationships; support effective engagement about potential and actual impacts on cultural and natural resources; and create opportunities for social benefit, shared value creation and long-term resilience.
COMMUNITY RESILIENCE
One of our primary goals is to work with local communities and Indigenous Peoples in the areas where we operate to contribute to their well-being and build resilience over time to enable communities to thrive during the life of our mines and beyond. Partnering with communities to increase resilience means supporting their ability to better anticipate, navigate and successfully adapt to disruptive events or conditions, such as impacts from climate change, changes in employment types and opportunities, or eventual post-mining transitions. This includes creating opportunities, activities and skills that increase community-level capacity to maximize the economic opportunities created by mining.
We believe we can best support community and Indigenous Peoples’ resilience by focusing our efforts in three main areas:
To learn more, please see our 2024 ANNUAL REPORT ON SUSTAINABILITY
Economic Contributions
OUR APPROACH
As an important part of committing to responsible production, FCX aims to be a good corporate citizen in the communities and countries where it operates. We contribute to the wealth and prosperity of these countries, regions and communities by generating economic value through our tax and royalty payments, which support essential government functions such as education, infrastructure, local hiring and procurement that supports many types of jobs in a community or region. Our regular engagement with local elected officials and staff is essential for identifying how operational and community risks and opportunities converge on key issues such as housing, economic diversification, community infrastructure and climate resilience which also helps inform our voluntary social investments.
To learn more, please see our 2024 ANNUAL REPORT ON SUSTAINABILITY and FCX 2024 Form 10-K
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