Freeport-McMoran Copper & Gold

Supporting Company through membership of ICMM.
Operating in these EITI implementing countries: 

From Freeport-McMoran's statement of support to the EITI:

In 2008, we endorsed and committed to support the Extractive Industries Transparency Initiative (EITI). These principles and criteria require an international commitment for governments to disclose revenues and companies to disclose payments to governments to advance societal governance and accountability in countries where EITI agreements are in place.

We are an active member of the ICMM and adhere to its Transparency of Mineral Revenues position statement. ICMM supports EITI with an annual contribution of £190,000 GBP.

Peru and the DRC are candidate countries under EITI and, thus, our Cerro Verde and Tenke Fungurume Mining operations participate directly in the initiative. We have supported this process by reporting payments published in each of these countries' EITI reports. Indonesia has joined the EITI, and we work with multilateral donors, NGOs, and other companies to support the process, as well as provide voluntary publication of our payments to the Indonesian government.  

International-level company form:

  1. Has the company published a clear public statement endorsing the EITI Principles and Criteria, and ensured this is accessible on its external website? YES
  2. If applicable (i.e. for operations in EITI implementing countries that have completed at least one validation), has the company provided links on its external website to completed (Country-level) Company Forms? Not Applicable, Freeport-McMoran Copper & Gold Inc. is participating in the EITI process in the Democratic Republic of Congo and Peru. These countries have not yet completed their country-level EITI validation reports.
  3. Has the company assigned strategic responsibility for EITI to a member of its senior management and appointed a lead contact person responsible for communication of the company’s EITI policy, action in support of EITI, and responding to queries from EITI stakeholders? YES, Mr. Bruce Marsh, Senior Director of Sustainable Development
  4. If the International EITI Conference has taken place in the validation period, did a member of senior management attend or send a statement of support? Not Applicable, there was no EITI Conference held while we were participating in a country validation process.
  5. Where a company has a global sustainability report or corporate responsibility report, has the company included a summary of its contribution to EITI in this and on its external website? YES