Freeport-McMoRan is a US-based mining and extraction company founded in 1912, headquartered in Phoenix, Arizona. It operates major copper, gold, and molybdenum mines globally, including the Grasberg mine in Indonesia and operations in Peru and Arizona.
The company is among the world's largest copper producers and a significant generator of mining waste.
Founded 1912Head office Phoenix, Arizona, USStaff ~28,500Revenue ~$25.5BWebsite ↗
Freeport-McMoRan reports comprehensively on climate and environmental governance but delivers minimal decarbonization. Intensity-only targets mask flat absolute emissions; Grasberg's coal infrastructure transition to LNG reinforces fossil fuel lock-in. Systemic water and ecosystem damage across operations, $166.7M in regulatory penalties since 2000, and undisclosed climate lobbying through trade associations define a company managing disclosure while perpetuating harm.
Freeport-McMoRan scores 22/100 (Significant gaps) on SINK's independent climate assessment, scored from public data only. Scores are free. Companies can never pay for anything about their own score. Last verified May 2026.
That places Freeport-McMoRan joint 870th of 934 companies scored, and joint 10th of 13 in Mining & Extraction.
Strongest on Carbon Footprint: Operations and Carbon Footprint: Supply Chain (7/10, 6/10). Weakest on Emissions Trajectory and Controversies & Red Flags (2/10, 2/10).
For each question that lost points, the evidence our public rubric looks for that we didn't find.
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SINK = (0.3 × Base + 0.7 × Performance) × Scale12 sources used in this assessment. All publicly available. Each row shows which of the ten questions it informed.
33% of them were published by Freeport-McMoRan itself; the rest come from independent sources.
Scored on 4 April 2026 under an earlier version of our method. We're re-checking it under the current method.
8 of 12 sources are independent of the company.
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Where Freeport-McMoRan sits among mining & extraction peers.
Among the 13 major mining & extraction brands we've scored, Freeport-McMoRan is tied =10th of 13, with 2 others.
The 3 companies in the sector scoring nearest above Freeport-McMoRan.
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