Freeport-McMoRan, parent company to Climax Molybdenum Company, has announced the publication of its annual Climate Report. The publication outlines Freeport’s ongoing progress to advance its climate strategy focused on reducing its greenhouse gas (GHG) emissions, enhancing its resilience to climate risks and contributing responsibly produced copper and molybdenum to the global economy. 

Richard C. Adkerson, Chairman of the Board and Chief Executive Officer, said: “Copper’s essential role in current and emerging clean energy technologies is critical to global decarbonization. FCX is making a positive impact on the global energy transition by executing on our own climate strategy and delivering the responsibly produced copper necessary to support a net zero future.” 

Freeport continues to advance several opportunities aimed at positively contributing to its climate strategy across its four decarbonization levers: decarbonizing electricity supply, equipment electrification, energy and asset efficiency, and process innovation. Freeport currently has four 2030 GHG emissions reduction targets that collectively cover nearly 100% of its Scope 1 and 2 GHG emissions.