7 March 2023
by Sarah Morgan

Copper Mark achieved by Freeport-McMoRan

Freeport-McMoRan (Freeport) has achieved the Copper Mark at all 12 of its copper producing operations globally.

© Photo by Aurélien Lemasson-Théobald on Unsplash

PT Freeport Indonesia (PT-FI) Grasberg is Freeport’s most recent copper operation to receive the Copper Mark – Freeport is one of the world’s largest copper and gold mines.

In addition, Freeport’s two primary molybdenum sites, the Climax and Henderson operations, were awarded the Molybdenum Mark.

The Copper Mark is the assurance framework to promote responsible production practices for copper.

Participants commit to fully meet the Copper Mark’s standards within two years of signing up to the assurance process and to strengthen practices as these standards continue to be updated to align with increasing stakeholder expectations on ESG. 

The Copper Mark seeks to promote transparency and accountability of its participants.

To receive the Copper Mark, each operation is assessed independently against a comprehensive set of 32 environmental, social and governance (ESG) criteria, as defined by the Responsible Minerals Initiative (RMI)’s Risk Readiness Assessment (RRA). 

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