The well-being of people — whether our workforce, partners or community members — is essential to the success of our business and at the core of all we do. We are deeply committed to engaging and building trusting, ongoing relationships with the people most impacted by our operations. Our programs and progress reflect our continued focus on empowering our workforce and the people in our host communities to thrive today and into the future.
Health, Safety & Well-Being
OUR APPROACH
Safety is a core company value and is foundational to our sustainability approach. Our highest priority is the health, safety and well-being of our employees, contractors, suppliers and the communities where we operate. We believe that health and safety considerations are integral to, and fundamental for, all other functions in our organization, and we understand the health and safety of our workforce is critical to our operational efficiency and long-term success.
Our objective is to achieve zero workplace fatalities and to decrease injuries and occupational illnesses. As part of our commitment to providing a healthy and safe workplace, we strive to provide the training, tools and resources needed so our workforce can identify risks and consistently apply effective controls. We share information and key learnings about potential fatal events, high-risk incidents, and best practices throughout the company, and we engage with industry peers and professional organizations to share best practices and continuously improve our health and safety program.
In addition to safety, we aim to work in partnership with our host communities to support their overall health and well-being by monitoring and providing assistance in addressing regional health challenges such as malaria, tuberculosis, maternal health and lack of infrastructure, among others. Where appropriate, we seek to collaborate with local public health officials to support community-relevant health education and program development activities.
To learn more, please see our 2023 ANNUAL REPORT ON SUSTAINABILITY
Workforce
OUR APPROACH
FCX believes our people are the foundation of our success and a competitive advantage. A key to our success is the ability to recruit, retain, develop and advance talented employees with diverse perspectives. We focus on attracting and retaining talented people by offering quality employment with fair and equitable compensation and benefits, as well as with opportunities for professional development and advancement. We prioritize a highly engaged, agile workforce and, in addition to physical and psychological safety, we aim to support the overall health and well-being of our workforce by providing access to health and wellness resources, and offering opportunities for flexible work schedules, where practicable, among other programs.
FCX operates in regions of varying ethnic, religious and cultural backgrounds, where we often are the largest employer in our host communities. As such, we are committed to fostering a company culture that is safety-focused, respectful, inclusive and representative of the communities where we operate.
Our core policies ― including our PBC, Business Partner Code of Conduct, Human Rights, Inclusion and Diversity and Social Performance ― together outline our company culture, our commitment to doing what is right, and the expectations we have of all employees and contractors. These global policies are publicly available and translated into the local languages of the regions where we operate. We fully expect our workforce to understand and comply with our trainings, policies, procedures, local cultures and laws.
To learn more, please see our 2023 ANNUAL REPORT ON SUSTAINABILITY
Communities & Indigenous Peoples
OUR APPROACH
FCX strives to work in partnership with our host communities and Indigenous Peoples to earn and maintain their trust and deliver shared value. We not only seek to avoid, minimize and mitigate adverse impacts from our operations, but we also aim to provide long-lasting benefits and increase resilience and well-being that can help communities thrive beyond the life of our mines.
We believe we can best support community and Indigenous Peoples’ resilience by focusing our efforts in three main areas: (1) education and skill-building, (2) economic opportunity, and (3) community-level leadership and capacity building. Within each of these three areas is a fundamental commitment to enable the skills of individuals and communities necessary to achieve the overarching goal of resilience.
Proactive, ongoing engagements and constructive dialogue are foundational to our approach. This is how we understand actual, potential and perceived impacts on our host communities, build trust, and mutually identify the most relevant social investments and development priorities to address our impacts and support enhanced resilience. We also actively work through engagement and capacity building activities to support host communities in maximizing the social and economic benefits of our operations.
While we tailor our programs to the dynamics of each operation and host community, our overarching objectives in partnership with local stakeholders remain consistent: (1) working to build enduring trust, (2) avoid, minimize or mitigate adverse impacts from our operations, (3) maximize the positive benefits, and (4) support our communities in building the resilience necessary to thrive and adapt during and beyond the life of our mines.
OUR APPROACH WITH INDIGENOUS PEOPLES
Indigenous Peoples often reside in areas that are home to rich biodiversity and to many of the most diverse peoples, languages and cultures. We acknowledge and respect the social, economic and cultural rights of the Indigenous Peoples who have historically occupied areas within or near our operations or have ancestral connections to these lands. We also understand that Indigenous Peoples often have special connections to land, water and other natural resources that can be tied to their physical, spiritual, cultural and economic well-being. We are steadfast in our commitment to acknowledge, respect and engage collaboratively with Indigenous Peoples. Through our Building Trust approach, we strive to understand the values and cultural needs of each group of Indigenous Peoples; develop and maintain ongoing relationships; support effective, ongoing engagement; and create opportunities for social benefit, shared value creation and long-term resilience.
To learn more, please see our 2023 ANNUAL REPORT ON SUSTAINABILITY
Economic Contributions
OUR APPROACH
As an important part of our commitment to responsible production, FCX aims to be a good corporate citizen in the host communities and countries in which we operate. We contribute to the wealth and prosperity of these countries, regions and communities by generating economic value that includes tax and royalty payments, which support essential government functions such as education and infrastructure, local hiring and procurement that supports many types of jobs in a community or region, and other direct and indirect community investments. However, it is also important to recognize that mining is an inherently cyclical business with production levels and profits fluctuating over the life of the mine, which can impact our economic and social investments and other sustainability programs.
To learn more, please see our 2023 ANNUAL REPORT ON SUSTAINABILITY and FCX 2023 Form 10-K
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