Freeport-McMoRan ranks No. 1 in Community Treatment on the 2019 Just 100: America's Best Corporate Citizens by Forbes!

January 29, 2019

Freeport-McMoRan once again earned a spot on Forbes magazine's 2019 Just 100 list – a ranking of the best U.S. corporate citizens – as well as top accolades for its community treatment.

The 2019 list has Freeport-McMoRan ranked first in community treatment, 51st in leadership and 91st overall. The company has been included on the list for the three years it has been issued.

In partnership with JUST Capital, Forbes released the third annual list of the largest publicly traded U.S. companies along with separate lists ranking the same companies on the individual judging categories: worker treatment, customer treatment, product quality, environmental impact, community treatment, job creation and quality of leadership.

Here's what they had to say about Freeport-McMoRan's No. 1 spot for Community Treatment, a category that spotlights how a company gives back to its communities:

"The copper giant spent $500 million building water supply and sewage treatment plants near its mine in Arequipa, Peru, a city of 860,000 which had been dumping its raw sewage into a nearby river. In 2016, Freeport tripled milling capacity at its mine there. Bill Cobb, head of business sustainability, candidly describes the sewage plant as a way to capture a 'social license to operate' the enlarged mine and notes that the expansion wasn't stymied by protests – a growing problem for mining projects around the world."

JUST Capital is a nonprofit organization that uses a three-step process to rank how the largest, publicly traded U.S. companies measure up against the issues Americans prioritize as those that matter most.

The nonprofit uses survey research, company evaluations and input from stakeholders and independent experts to produce the rankings. 

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