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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
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).
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.
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 COâ‚‚ equivalent (tCOâ‚‚e).
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.
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.
What are Freeport-McMoRan's Scope 2 emissions?
In 2023, Freeport-McMoRan reported Scope 2 greenhouse gas (GHG) emissions of 2,624,651 tCOâ‚‚e using the market-based method, and 2,831,755 tCOâ‚‚e using the location-based method.
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.
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 COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
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.
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 COâ‚‚ equivalent (tCOâ‚‚e).
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.
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.
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.
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.
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:
- Fuel- and Energy-Related Services (Cat. 3): 1,549,245 tCOâ‚‚e (48.81%)
- Processing of Sold Products (Cat. 10): 1,166,660 tCOâ‚‚e (36.75%)
- Upstream Transportation and Distribution (Cat. 4): 448,220 tCOâ‚‚e (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 COâ‚‚ equivalent (tCOâ‚‚e) 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.
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%.