OUR APPROACH

Sustainability is embedded in FCX’s values and business strategy. Governance and oversight of sustainability ultimately reside with the Board, with day-to-day management by the executive leadership and site-level management teams. Good governance requires focused and consistent leadership to ensure FCX’s values and sustainability strategy are integrated into everyday operations and business decisions. We have the structure and processes in place to facilitate effective decision making and advance our stakeholders’ long-term interests. 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.

To learn more, please see our 2023 ANNUAL REPORT ON SUSTAINABILITY

OUR APPROACH

Integrating responsible business practices across our global operations requires comprehensive and disciplined efforts. FCX is guided by its Principles of Business Conduct (PBC), the cornerstone of our commitment to ethical business practices. It defines the expected behavior of all our employees and the Board and sets forth the global principles that our workforce must follow in all activities — from complying with laws, to avoiding conflicts of interest, to treating colleagues and stakeholders with dignity and respect. The PBC highlights our core values — Safety, Respect, Integrity, Excellence and Commitment — and provides guidance for the application of these values to our business.

Our PBC, together with our global policies and practices, details our expected behaviors and commitments to our stakeholders. The Board and its committees are responsible for reviewing and overseeing the company's various policies. Our core policies ― including Anti-Corruption, Business Partner Code of Conduct, Environmental, Human Rights, Inclusion and Diversity, Responsible Sourcing, Safety and Health, Social Performance and Tailings Management ― are available in local languages. To learn more about our policies & programs, please see our Corporate Governance webpage.

To learn more, please see our 2023 ANNUAL REPORT ON SUSTAINABILITY

OUR APPROACH

FCX is dedicated to the recognition, respect and promotion of human rights wherever we do business. Respect is a core value that guides how we do business. We are committed to respecting the rights of all people, including our employees, business partners, community members and others who potentially may be impacted by our business activities. We take this obligation seriously in all aspects of our business, and we expect the same of our business partners.

We recognize that human rights are overarching and that they connect to every aspect of our business. As such, we aim to promote human rights through proactive engagement with host governments and communities and by educating stakeholders, including training our employees and contractors.

FCX respects internationally recognized human rights, including the rights under the International Bill of Human Rights, and is committed to implementing the UNGPs. We work toward continuous improvement in establishing greater institutional awareness and deeper understanding of what human rights are and how they impact every role within FCX. We also are committed to complying with the UK Modern Slavery Act, aimed at minimizing the risk of slavery and human trafficking throughout our business and supply chain.

To learn more, please see our 2023 ANNUAL REPORT ON SUSTAINABILITY

OUR APPROACH

FCX is committed to sourcing, producing and distributing metals and minerals responsibly across our entire value chain. This includes working to ensure continuity of supplies necessary for our operations in a responsible manner. We are committed to identifying and mitigating risk in our supply chains while striving to meet the requirements of global markets and increasing demands from our customers, end users and traders who sell our products. FCX continues to work diligently to advance its supply chain management by incorporating sustainability risks into its systems and tools for decision making and supplier management.

Our responsible value chains efforts focus on three key activities: (1) identifying and mitigating risk in our supply chains through our own responsible sourcing efforts for goods, including minerals and metals, 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 life cycle impacts of our products.

To learn more, please see our 2023 ANNUAL REPORT ON SUSTAINABILITY