Freeport-McMoRan

Arizona
Materials

Corprate Bias Ratings

Risk Level:

Rating - Caution
Medium Risk

Freeport-McMoRan has not fired employees or canceled contracts due to religious or political beliefs, even though it lacks viewpoint protections for employees. Freeport-McMoRan is a signatory of the Business Roundtable's 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism. The company does not donate to ideological groups hostile to freedom of expression and has not weaponized its PAC. While it discriminates against religious charities, it has not canceled clients for their views. For these reasons, Freeport-McMoRan receives a "Medium Risk" rating.

Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

Has denied service to customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level
Rationale

Freeport-McMoRan has not publicly fired any employees or canceled contracts due to religious beliefs or political views.

Criteria

Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.

Risk Level
Rationale

Freeport-McMoRan’s charitable giving policy will not grant funds to “faith-based institutions or other organizations primarily promoting or propagating a particular faith” (1).

Criteria

Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.

Risk Level
Rationale

Freeport-McMoRan does not protect its employees from viewpoint discrimination (1).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.

Risk Level
Rationale

Freeport-McMoRan CEO Richard Adkerson is a member of the Business Roundtable and signed its 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism over traditional obligations to shareholders and customers (1)(2).

Criteria

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

Freeport-McMoRan does not donate to ideological groups hostile to freedom of expression (1).

Criteria

Uses corporate political contributions for ideological, non-business purposes.

Risk Level
Rationale

Freeport-McMoRan has not used its PAC for ideological purposes (1).

All links were last accessed and all information was updated on:
May 7, 2023

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