{"id":688792,"date":"2022-09-26T09:31:23","date_gmt":"2022-09-26T13:31:23","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/freeport-mcmoran-publishes-updated-climate-report\/"},"modified":"2022-09-26T09:31:23","modified_gmt":"2022-09-26T13:31:23","slug":"freeport-mcmoran-publishes-updated-climate-report","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/freeport-mcmoran-publishes-updated-climate-report\/","title":{"rendered":"Freeport-McMoRan Publishes Updated Climate Report"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Freeport-McMoRan Publishes Updated Climate Report<\/b><\/p>\n<p>PHOENIX&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nFreeport-McMoRan Inc. (NYSE: FCX) today announced the publication of its updated Climate Report, which outlines FCX\u2019s ongoing initiatives to reduce its greenhouse gas (GHG) emissions, improve energy efficiency, evaluate and integrate the use of lower carbon and renewable energy sources and enhance its resilience to future climate-related risks.\n<\/p>\n<p><b>Richard C. Adkerson, Chairman and Chief Executive Officer, said, \u201cFreeport aspires to participate in \u2014 and positively contribute to \u2014 a 2050 net zero economy. As the global energy system continues to evolve, we play a vital role in progressing a low-carbon future. The copper we produce is essential to new and existing technologies that will support global efforts to decarbonize. We are proud of our industry leading position and are dedicated to the responsibility that comes with it. This includes continuing to advance our climate strategy, demonstrating momentum toward our goals and innovating in order to take practical, responsible steps towards an eventual net zero mining future.\u201d<\/b><\/p>\n<p>\nFCX 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.\n<\/p>\n<p>\nFCX 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.\n<\/p>\n<p>\nFCX\u2019s 2021 Climate Report reflects the company\u2019s continued progress to align with the recommendations of the Task Force on Climate-related Financial Disclosures and includes third-party verified Scope 1, 2 and 3 GHG emissions data in accordance with ISO 14064 (Specifications 1 and 3). To learn more about FCX\u2019s climate strategy and progress, please read FCX\u2019s updated Climate Report, available on the company website at:\n<\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.fcx.com%2Fsites%2Ffcx%2Ffiles%2Fdocuments%2Fsustainability%2F2021-Climate-Report.pdf&amp;esheet=52925340&amp;newsitemid=20220925005037&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.fcx.com%2Fsites%2Ffcx%2Ffiles%2Fdocuments%2Fsustainability%2F2021-Climate-Report.pdf&amp;index=1&amp;md5=19fcc4070bb7530e7d99e1b886f4b315\">https:\/\/www.fcx.com\/sites\/fcx\/files\/documents\/sustainability\/2021-Climate-Report.pdf<\/a><\/p>\n<p><b>FREEPORT: <i>Foremost in Copper<\/i><\/b><\/p>\n<p>\nFCX is a leading international mining company with headquarters in Phoenix, Arizona. FCX operates large, long-lived, geographically diverse assets with significant proven and probable reserves of copper, gold and molybdenum. FCX is one of the world\u2019s largest publicly traded copper producers.\n<\/p>\n<p>\nFCX\u2019s portfolio of assets includes the Grasberg minerals district in Indonesia, one of the world\u2019s largest copper and gold deposits; and significant mining operations in North America and South America, including the large-scale Morenci minerals district in Arizona and the Cerro Verde operation in Peru.\n<\/p>\n<p>\nBy 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&#8217;s website at fcx.com.\n<\/p>\n<p><b><i>Cautionary Statement Regarding Forward-Looking Statements:<\/i><\/b><i \/><i>This press release contains forward-looking statements regarding FCX\u2019s potential future performance. Forward-looking statements are all statements other than statements of historical facts<\/i>, <i>such as plans, projections, expectations, targets, objectives, strategies or goals relating to environmental performance, including expectations regarding execution of FCX\u2019s energy and climate strategies, and the underlying assumptions and estimated impacts on FCX\u2019s business related thereto; FCX\u2019s approach to lower carbon and reduced emissions; FCX\u2019s 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\u2019s operational resiliency and climate scenarios; FCX\u2019s expectations regarding climate-related risks and future risk mitigation; and FCX\u2019s commitment to deliver responsibly produced copper, including plans to implement and validate its operating sites under specific frameworks. The words \u201canticipates,\u201d \u201cmay,\u201d \u201ccan,\u201d \u201ccommitments,\u201d \u201cplans,\u201d \u201cpursues,\u201d \u201cbelieves,\u201d \u201cestimates,\u201d &#8220;expects,&#8221; &#8220;endeavors,&#8221; \u201cefforts,\u201d \u201cinitiatives,\u201d &#8220;seek,&#8221; &#8220;goal,&#8221; &#8220;predicts,&#8221; &#8220;strategy,&#8221; \u201cobjective,\u201d \u201cprojects,\u201d \u201ctargets,\u201d &#8220;intends,&#8221; &#8220;aspires,&#8221; \u201clikely,\u201d \u201cwill,\u201d \u201cshould,\u201d \u201ccould,\u201d \u201cto be,\u201d \u201dpotential,\u201d \u201copportunities,\u201d \u201cassumptions,\u201d \u201cguidance,\u201d \u201cforecasts,\u201d \u201cfuture\u201d and any similar expressions are intended to identify those assertions as forward-looking statements.<\/i><\/p>\n<p><i>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\u2019s 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 \u201cRisk Factors\u201d in FCX\u2019s Annual Report on Form 10-K for the year ended December 31, 2021, filed with the U.S. Securities and Exchange Commission (SEC), and available on FCX\u2019s website at fcx.com.<\/i><\/p>\n<p><i>Investors are cautioned that many of the assumptions upon which FCX&#8217;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.<\/i><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20220925005037r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20220925005037\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20220925005037\/en\/<\/a><\/span><\/p>\n<p>\nFinancial Contact:<br \/>\n<br \/>David P. Joint<br \/>\n<br \/>(504) 582-4203\n<\/p>\n<p>\nMedia Contact:<br \/>\n<br \/>Linda S. Hayes<br \/>\n<br \/>(602) 366-7824\n<\/p>\n<p><b>KEYWORDS:<\/b> United States North America Arizona<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Natural Resources Environment Climate Change Mining\/Minerals Sustainability<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20220925005037\/en\/602050\/3\/FM_RGB_center_biz-wire.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Freeport-McMoRan Publishes Updated Climate Report PHOENIX&#8211;(BUSINESS WIRE)&#8211; Freeport-McMoRan Inc. (NYSE: FCX) today announced the publication of its updated Climate Report, which outlines FCX\u2019s ongoing initiatives to reduce its greenhouse gas (GHG) emissions, improve energy efficiency, evaluate and integrate the use of lower carbon and renewable energy sources and enhance its resilience to future climate-related risks. Richard C. Adkerson, Chairman and Chief Executive Officer, said, \u201cFreeport aspires to participate in \u2014 and positively contribute to \u2014 a 2050 net zero economy. As the global energy system continues to evolve, we play a vital role in progressing a low-carbon future. The copper we produce is essential to new and existing technologies that will support global efforts to decarbonize. We are proud of &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/freeport-mcmoran-publishes-updated-climate-report\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Freeport-McMoRan Publishes Updated Climate Report&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-688792","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Freeport-McMoRan Publishes Updated Climate Report - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/freeport-mcmoran-publishes-updated-climate-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Freeport-McMoRan Publishes Updated Climate Report - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Freeport-McMoRan Publishes Updated Climate Report PHOENIX&#8211;(BUSINESS WIRE)&#8211; Freeport-McMoRan Inc. (NYSE: FCX) today announced the publication of its updated Climate Report, which outlines FCX\u2019s ongoing initiatives to reduce its greenhouse gas (GHG) emissions, improve energy efficiency, evaluate and integrate the use of lower carbon and renewable energy sources and enhance its resilience to future climate-related risks. Richard C. Adkerson, Chairman and Chief Executive Officer, said, \u201cFreeport aspires to participate in \u2014 and positively contribute to \u2014 a 2050 net zero economy. As the global energy system continues to evolve, we play a vital role in progressing a low-carbon future. The copper we produce is essential to new and existing technologies that will support global efforts to decarbonize. 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(NYSE: FCX) today announced the publication of its updated Climate Report, which outlines FCX\u2019s ongoing initiatives to reduce its greenhouse gas (GHG) emissions, improve energy efficiency, evaluate and integrate the use of lower carbon and renewable energy sources and enhance its resilience to future climate-related risks. Richard C. Adkerson, Chairman and Chief Executive Officer, said, \u201cFreeport aspires to participate in \u2014 and positively contribute to \u2014 a 2050 net zero economy. As the global energy system continues to evolve, we play a vital role in progressing a low-carbon future. The copper we produce is essential to new and existing technologies that will support global efforts to decarbonize. 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