Freeport-McMoRan Inc. — Ethics Grade D

Freeport-McMoRan Inc. receives an overall ethics grade of D (28/100) on CancelCo's corporate accountability database. Sector: Mining & Metals. Market cap: Large Cap.

Category scores

• labor: 40
• privacy: 90
• consumer: 60
• environment: 15
• humanRights: 10

Documented incidents (3)

• West Papua River Contamination (high, 2021) — The Grasberg mine in Indonesia (one of the world's largest) has dumped over 200,000 tons of tailings daily into local river systems for decades, destroying the ecosystem and livelihoods of the Kamoro and Amungme people.
• Violence and Military Ties (high, 2018) — The company has been linked to human rights abuses in West Papua due to its payments to Indonesian security forces to protect the Grasberg mine, who have been accused of extrajudicial killings and repression of locals.
• Arizona Water Contamination (medium, 2023) — Freeport was named in lawsuits regarding the contamination of groundwater with toxic PFAS chemicals near its Arizona operations, impacting the drinking water of local municipalities.

Documented good deeds

• Copper Mark Certification — Freeport achieved The Copper Mark, an independent assurance framework for responsible production, for several of its major operating sites in the Americas.

Ethical alternatives

• Antofagasta plc — Utilizes seawater and renewable energy for a larger portion of operations with a cleaner social record.