Freeport-McMoRan Named One of 100 Best Corporate Citizens in U.S.

November 3, 2023 - Freeport-McMoRan has been named one of the 100 Best Corporate Citizens in the U.S. in annual rankings of the environmental, social and governance (ESG) practices of the nation’s 1,000 largest publicly traded companies.

Freeport finished 87th out of the top 100 companies overall. It ranked 14th in the minerals industry category, which had the most companies represented in the rankings. This is the 11th time the company has made the list since 2007.

“Our inclusion on the Best Corporate Citizens list for the 11th time overall and the second year in a row is a testament to the commitment of Freeport and its employees to safe and responsible production of copper and molybdenum, which are critical to a vast range of products used by consumers, manufacturers and energy providers” said Bill Cobb, Vice President and Chief Sustainability Officer.

The rankings are compiled annually by 3BL Media in partnership with Institutional Shareholder Services as a way to assess the performance of the nation’s largest publicly traded companies on ESG transparency and performance. They are based on an analysis of publicly available information, such as corporate websites, financial disclosures and reports on sustainability, as well as reputable third parties, including government regulatory agencies. The rankings began in 2000.

Among the key categories factored in the rankings are the performance of individual companies in helping to combat climate change; protecting the safety and well-being of employees; and stewardship of the environment.