Freeport-McMoRan 2005 Annual Report Download - page 20

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Social Development
We are committed through our Social, Employment and Human
Rights Policy to building and maintaining positive relationships with
our Papuan neighbors through dialogue and by supporting mutually
structured programs to provide opportunities for social, educational
and economic development and comprehensive, modern medical
care and public health programs and facilities. Our policy commits
us to conducting our operations in a manner consistent with the
Universal Declaration of Human Rights. This policy is available on
our web site (www.fcx.com).
Since 1996, PT Freeport Indonesia and our joint venture partner,
Rio Tinto plc, have committed a portion of our mining revenues
to benefit the local community through the Freeport Partnership
Fund for Community Development, which is managed by a board
of local community leaders. Contributions, including those of
our joint venture partner, were $42 million in 2005, and the total
contributions to the fund since inception are approximately
$194 million.
For Papuans in our operations area, the Partnership Fund
has built and expanded two modern hospitals and a system of
community clinics and sponsors comprehensive public health
programs. The Partnership Fund has built schools, community
facilities and housing and has provided scholarships, training and
business opportunities.
We endorsed the joint U.S. Department of State-British Foreign
Office Voluntary Principles on Human Rights and Security, and
have assigned the lead role in developing and monitoring company
policy on human rights to Judge Gabrielle Kirk McDonald, former
President of the International Criminal Tribunal for the former
Yugoslavia and a member of our Board of Directors.
To measure the effectiveness of our programs and to identify
ways to improve them, we engaged the International Center for
75
150
225
300
0504030201009998
PT Freeport Indonesia Papuan Professional Staff
Goal Actual
PT Freeport Indonesia Community
Liaison Officers support our
community development programs
by building and maintaining
positive relationships with our
neighbors in towns and villages
across the region.
1 | FREEPORT-McMoRan COPPER & GOLD INC. ECONOMIC, SOCIAL & ENVIRONMENTAL OVERVIEW