The Freeport-McMoRan Board of Directors provides leadership and oversight to all that we do, including achieving our financial objectives so that the business itself is sustainable. The majority of our Board members are independent, including the chairpersons of our four standing committees.

In 1995 our Board of Directors established the Public Policy Committee (PPC) which oversees the Company’s sustainable development programs. The PPC reviews our environmental, health and safety, human rights, and community policies and programs and delivers regular reports of its activities to the full Board of Directors. Company employees and consultants regularly present to the PPC topics related to sustainability challenges, key performance data, and emerging issues.

Our commitments are set forth in compulsory, company-wide policies which are aligned with the ICMM 10 Sustainable Development Principles. Employee and contractor adherence to these policies and our overarching Principles of Business Conduct is mandatory.

The Freeport-McMoRan Sustainable Development department provides guidance and technical support to projects, operations and business functions as our sustainability programs and practices continue to evolve. This department, led by a Company Vice President, reports to the Executive Vice President and Chief Administrative Officer and involves direct participation by the entire senior management team, including our Chairman and Chief Executive. Each operation has appointed “sustainable development leaders” who facilitate multi-departmental implementation of best practices at the local level in close coordination with our Sustainable Development department.

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