Freeport-McMoRan Inc
Freeport-McMoRan's GHG Emissions Data Preview
In 2023, Freeport-McMoRan completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Freeport-McMoRan has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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Verified Sources Behind Freeport-McMoRan’s Greenhouse Gas (GHG) Emissions Data
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Insights into Freeport-McMoRan's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Freeport-McMoRan amounted to 7,971,278 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Freeport-McMoRan increased by 3.72%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
Freeport-McMoRan's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Freeport-McMoRan's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Freeport-McMoRan were 5,139,523 metric tons of CO₂ equivalent (tCO₂e). a
Has Freeport-McMoRan reduced its Scope 1 emissions over time?
Since 2018, Freeport-McMoRan's Scope 1 emissions have increased by 3.6%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2022), Freeport-McMoRan's Scope 1 emissions increased by 4.3%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are Freeport-McMoRan's Scope 2 emissions?
In 2023, Freeport-McMoRan reported Scope 2 greenhouse gas (GHG) emissions of 2,624,651 tCO₂e using the market-based method and 2,831,755 tCO₂e using the location-based method. a
What methodology does Freeport-McMoRan use for Scope 2 reporting?
In 2023, Freeport-McMoRan reported its Scope 2 emissions using the market-based method and using the location-based method. a
Freeport-McMoRan's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Freeport-McMoRan's Value Chain Emissions
In 2023, Freeport-McMoRan reported 6,428,196 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2023 disclosure of Freeport-McMoRan includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, down from 7 in 2022, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions. a
Freeport-McMoRan's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Freeport-McMoRan's Scope 3 emissions?
In 2023, Freeport-McMoRan reported total Scope 3 emissions of 6,428,196 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 63.25% of these emissions originated from upstream activities such as purchased goods and capital goods, while 36.75% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has Freeport-McMoRan reduced its Scope 3 emissions over time?
Since 2018, Freeport-McMoRan's Scope 3 emissions have increased by 756.71%, reflecting a rising long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2022), Freeport-McMoRan's Scope 3 emissions remained relatively stable, indicating that Freeport-McMoRan 's emissions have plateaued with no significant change in its value chain footprint. a
What categories of Scope 3 emissions does Freeport-McMoRan disclose?
In 2023, Freeport-McMoRan reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol. a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Freeport-McMoRan's Scope 3 emissions?
In 2023, the largest contributors to Freeport-McMoRan's Scope 3 emissions were: a
- Fuel- and Energy-Related Services (Cat. 3): 1,549,245 tCO₂e (48.81%)
- Processing of Sold Products (Cat. 10): 1,166,660 tCO₂e (36.75%)
- Upstream Transportation and Distribution (Cat. 4): 448,220 tCO₂e (14.12%)
Freeport-McMoRan's Scope 3 Emissions by Categories
Insights into Freeport-McMoRan's Total Carbon Footprint
In 2023, Freeport-McMoRan reported a total carbon footprint of 14,399,474 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.05% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Freeport-McMoRan's total carbon footprint was Scope 3 emissions, accounting for 44.64% of the company's total carbon footprint, followed by Scope 1 emissions at 35.69%. a