Freeport-McMoRan Inc

General Mining
$ 37 4.1
Share price
$ 53 bn
Market Cap
$ 62 bn
Enterprise Value

Carbon footprint

115 Ton
GHG emissions per $ 1 mln investment
4.1x the weighted average for S&P 500
How is this calculated?
YOY change in GHG emissions
In line with the -8.7% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -5.1% weighted average for S&P 500
How is this calculated?

Freeport-McMoRan Inc aims to achieve net zero for Scope 1 + 2 by 2050

This target has not been verified as science based according to SBTi
Freeport-McMoRan Inc's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

Freeport-McMoRan Inc's GHG emissions (market-based) (Kt of CO2e)
Freeport-McMoRan Inc's Carbon intensity (Tons per 1 USDm)

Freeport-McMoRan Inc's carbon footprint

Freeport-McMoRan Inc reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 7,116 Kt (-653 /-8.4% y-o-y). Also positively, carbon intensity decreased to 501 t (-38 /-7.1% y-o-y).

Freeport-McMoRan Inc's Scope 3 emissions fell to 601 Kt (-92 /-13.3% y-o-y). This is a higher rate of decline than over the period since 4Q'18 (-7.2% CAGR).

The company is committed to achieving net zero for Scope 1 + 2 by 2050, which translates into the estimated reduction of -237 Kt per annum over the period of FY2021 - FY2050. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

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