Freeport-McMoRan Publishes Updated Climate Report
FCX continues to advance its GHG emissions reduction initiatives across its global operations and has established 2030 GHG reduction targets that now collectively cover nearly 100 percent of its Scope 1 and 2 GHG emissions. FCX plans to submit its 2030 GHG emissions reduction targets to the Science Based Target initiative for validation.
FCX continues to make meaningful progress in advancing efforts to decarbonize its electricity supply, including progressing a study at PT-FI to evaluate the feasibility of replacing its coal-fired power plant in the future. FCX also is collaborating with equipment manufacturers and various industry consortiums with the aim of contributing to technological solutions that will help the company achieve its climate objectives.
FCX’s 2021 Climate Report reflects the company’s continued progress to align with the recommendations of the
FREEPORT: Foremost in Copper
FCX is a leading international mining company with headquarters in
FCX’s portfolio of assets includes the Grasberg minerals district in
By supplying responsibly produced copper, FCX is proud to be a positive contributor to the world well beyond its operational boundaries. Additional information about FCX is available on FCX's website at fcx.com.
Cautionary Statement Regarding Forward-Looking Statements: This press release contains forward-looking statements regarding FCX’s potential future performance. Forward-looking statements are all statements other than statements of historical facts, such as plans, projections, expectations, targets, objectives, strategies or goals relating to environmental performance, including expectations regarding execution of FCX’s energy and climate strategies, and the underlying assumptions and estimated impacts on FCX’s business related thereto; FCX’s approach to lower carbon and reduced emissions; FCX’s plans and expectations in relation to its future clean energy transition, including targeted reductions of GHG emissions, implementation of technologies and emissions reduction projects, achievement of climate commitments by 2030 and 2050 net zero aspiration; FCX’s operational resiliency and climate scenarios; FCX’s expectations regarding climate-related risks and future risk mitigation; and FCX’s commitment to deliver responsibly produced copper, including plans to implement and validate its operating sites under specific frameworks. The words “anticipates,” “may,” “can,” “commitments,” “plans,” “pursues,” “believes,” “estimates,” "expects," "endeavors," “efforts,” “initiatives,” "seek," "goal," "predicts," "strategy," “objective,” “projects,” “targets,” "intends," "aspires," “likely,” “will,” “should,” “could,” “to be,” ”potential,” “opportunities,” “assumptions,” “guidance,” “forecasts,” “future” and any similar expressions are intended to identify those assertions as forward-looking statements.
FCX cautions readers that forward-looking statements are not guarantees of future performance and actual results may differ materially from those anticipated, expected, projected or assumed in the forward-looking statements. Important factors that can cause FCX’s actual results to differ materially from those anticipated in the forward-looking statements include, but are not limited to, the factors described under the heading “Risk Factors” in FCX’s Annual Report on Form 10-K for the year ended
Investors are cautioned that many of the assumptions upon which FCX's forward-looking statements are based are likely to change after the forward-looking statements are made. Further, FCX may make changes to its business plans that could affect its results. FCX cautions investors that it undertakes no obligation to update any forward-looking statements, which speak only as of the date made, notwithstanding any changes in its assumptions, changes in business plans, actual experience or other changes.
David P. Joint