June 2011 | Adam Leach
company Freeport-McMoRan Copper &Gold increased local sourcing by six per cent in 2010, compared with
the year before.
company’s 2010 Working towards sustainable development report, published this week,says
the business sourced more than a quarter of all its goods and services from
local organisations in 2010.
total of 27 per cent of the $6.80 billion (£4.25 billion) the company paid to suppliers
went to support local businesses. This includes mines in Congo, Indonesia and
report said: “Our global supply chain policy encourages consideration of local
suppliers when there is a benefit to the communities in which we do business. As
we evaluate and implement significant expansion projects, we are aware of the
potential impacts that procurement activities can have on local communities
during construction, start-up and operation.”
company has also updated its contractor safety manual to bring supplier’s
behaviour in line with its health and safety policy. And suppliers are now
expected to follow the same incident reporting structure as the company – failure
to do so will potentially result in contract termination.
employee and one contractor died last year on Freeport-McMoRan Copper &
Gold sites, but the number of workforce fatalities, including contractors, has
reduced each year since 2007, when there were six.
Copper & Gold also launched a web-based corporate
community grievance management system to record, process and respond to local community
complaints. The group said: “In 2011, we are evaluating the effectiveness of
the system and providing additional training and support in grievance