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. 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 2024 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 2024 ANNUAL REPORT ON SUSTAINABILITY

OUR APPROACH

FCX believes respect for human rights is a business imperative. We are dedicated to the recognition and respect of human rights wherever we do business. Our core values of safety, respect, integrity, excellence and commitment underpin this imperative. We respect the rights of all individuals, including employees, contractors, business partners, host communities, Indigenous Peoples and others who may be impacted by our business activities. We strive for continuous improvement and expect everyone in the organization to play a role in upholding this commitment and expect the same from our business partners.

Our Human Rights Policy outlines our commitment to implementing the UNGPs, the Organisation for Economic Co-operation and Development (OECD) Guidelines for Multinational Enterprises and The Voluntary Principles on Security and Human Rights. It reaffirms our commitment to respect internationally recognized human rights as set out in the International Bill of Human Rights, the International Labour Organization’s Declaration on Fundamental Principles and Rights at Work and the UN Declaration on the Rights of Indigenous Peoples. Additionally, our Principles of Business Conduct and other core policies support the application of our Human Rights Policy.

Based on our Principles of Business Conduct, our Business Partner Code of Conduct outlines the expectations for our business partners, including suppliers, contractors, customers and recipients of charitable giving. These expectations cover areas such as safety, human rights, anti-corruption, community and environment. We mandate human rights standards through our contracts with business partners. We also are committed to complying with the UK Modern Slavery Act as demonstrated by our annual statement outlining our efforts to minimize the risk of modern slavery throughout our business and supply chain

To learn more, please see our 2024 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 the 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 strategy is centered around 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 2024 ANNUAL REPORT ON SUSTAINABILITY