Freeport-mcmoran, Inc. · NYSE:FCX
Freeport-mcmoran — Jefferies Mining & Steel Sustainability Summit 2020
24 slides from Freeport-mcmoran's conference presentation, September 2020
Slide 1: Jefferies Mining & Steel Sustainability Summit
Jefferies Mining & Steel Sustainability Summit September 2020 fcx.com
Slide 2: Cautionary Statement
Cautionary Statement This presentation contains forward-looking statements in which FCX discusses its potential future performance. Forward-looking statements are all statements other than statements of historical facts, such as plans, projections, expectations, targets, objectives, strategies or go
Slide 3: Freeport: Foremost in Copper
Freeport: Foremost in Copper Global Industry Trusted World-Class Block Cave Responsible Leader Operator Developer Leader Producer One of the world’s Strong track Industry leading Industry leading Long-standing largest publicly record and track record for technical commitment traded copper franchise
Slide 4: Leading Responsible Copper Producer
Leading Responsible Copper Producer Committed to all stakeholders • Health & Safety • Climate & Water • Workforce Stewardship • Communities & • Biodiversity Indigenous Peoples • Tailings Management • Human Rights • Reclamation & Waste Management By supplying responsibly produced copper, FCX is • Bus
Slide 5: Copper – Metal of the Future
Copper – Metal of the Future Key to Clean Energy Transition Antimicrobial Properties • Critical to the technologies necessary to deliver • COVID-19 is spotlighting the important and substantial clean energy and support the global transition to a antimicrobial properties of copper which can eliminate
Slide 6: Aligned to International Best Practices
Aligned to International Best Practices Dedicated to continuous improvement and evolving with changing expectations Voluntary Memberships & Commitments: Sustainability Reporting Frameworks: Committed to SASB for 2020 reporting 6
Slide 7: International Council on Mining & Metals
International Council on Mining & Metals FCX founding member of ICMM in 2001 and CEO elected Chair in August 2020 • International organization dedicated ICMM aims to continuously set the to a safe, fair and sustainable mining standard and strengthen ESG and metals industry performance across the glo
Slide 8: 2019 ESG Performance Snapshot
2019 ESG Performance Snapshot 82% $100 1st 99% of total water million in North America in 2019 Corporate Human of our employees are utilized was from invested in our Rights Benchmark from the countries recycled sources communities Assessment where we operate 13% 17% 81% ZERO women reduction in globa
Slide 9: People
People a 9
Slide 10: COVID-19 Response
COVID-19 Response Protecting our people is protecting our business Protecting our Supporting Maintaining Workforce & our Local Resiliency their Families Communities & Value • Adhering to global standards to • Partnering with local • Rapid response efforts initiated manage health and hygiene governme
Slide 11: Health & Safety
Health & Safety We choose to work safely because it MATTERS In 2020, rolling out our new Incident Frequency (per 200,000 hours worked) “Safe Production Matters” strategy: • Optimize health & safety resources • Eliminate systematic causes of incidents and issues • Focus on high risk/potentially fatal
Slide 12: Human Rights
Human Rights We are committed to respecting the rights of all people • Committed to the Universal Declaration of Human Rights and to implementing the United Nations Guiding Principles on Business and Human Rights and the Voluntary Principles on Security and Human Rights • The 2019 Corporate Human Ri
Slide 13: Communities & Indigenous Peoples
Communities & Indigenous Peoples Community investments totaled more than $1.8 billion since 2009 We are increasingly focused on investing in the “sustainability of people” which includes providing the enduring skills and opportunities individuals need to achieve productive livelihoods post-mining Co
Slide 14: Our Employees
Our Employees Focused on adapting and excelling in the “new normal” Global Employees (As of December 31, 2019) • Prioritizing a lean, flexible, and highly- Approximately engaged workforce 27,500 Employees • Promoting the Agile framework throughout the organization • Working to understand the unique
Slide 15: Diversity & Inclusion
Diversity & Inclusion Progress on strengthening gender diversity across the value chain 2019 Women Employed by Region (%) Women as % of Global Workforce • Women represent 33% of the Board of Directors, 13% of global workforce and 21% of new hires in 2019 • Targeted programs to support and advance wo
Slide 16: Environment
\ Environment FREEPORT 16
Slide 17: Environmental Stewardship
Environmental Stewardship We spent $400 million on our environmental programs in 2019 • Seek to avoid and minimize the adverse impacts of our operations on the environment while promoting opportunities to conserve and enhance resources in the areas of our operations • Stewardship initiatives aim to
Slide 18: Tailings Stewardship
Tailings Stewardship Safety is at the foundation of our tailings management approach We support, and are committed to implementing, the new Global Tailings Standard • Tailings Stewardship program launched in 2004 • Program has a foundation in independent third-party reviews • Comprehensive measures
Slide 19: PT-FI Controlled Riverine Tailings
PT-FI Controlled Riverine Tailings Alternative with lowest risk to human health and the environment • PT-FI’s controlled system selected after PT-FI spends ~$100 million extensive evaluations by international annually to monitor and experts given extreme terrain and site- manage the controlled syste
Slide 20: Climate
Climate Our GHG emissions have reduced by 17% in the last 5 years 2019 Purchased Power by Source 81% from low -carbon or renew able sources Climate Strategy outlined in Global GHG Reduction by Five-Year Trend (Total Metric Tons CO2e in Millions) inaugural Climate report: 1. Reduce GHG emissions 2. E
Slide 21: Governance
Governance a 21
Slide 22: Sustainability Governance
Sustainability Governance Focused on integrating sustainability into all aspects of our business and culture • Active oversight from Board of Directors and dedicated Board-level Being a Responsible Corporate Responsibility Committee Producer means integrating sustainability in everything we • Sustai
Slide 23: Responsible Value Chains
Responsible Value Chains Dedicated to delivering responsibly produced copper to markets around the world • Focused on advancing responsibility in our The Copper Mark is a new framework value chains by: (1) managing risks in our developed to demonstrate the copper own supply chain; (2) managing risks
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