PT Freeport Indonesia, a Freeport-McMoRan company, commissions the University of Indonesia’s Institute of Economics and Social Research to conduct economic impact assessment of PT Freeport Indonesia’s operations. The most recent study, conducted in 2012, measured PT Freeport Indonesia’s economic impact on a local, regional, and national level from 2006 to 2011. The study revealed that PT Freeport Indonesia contributed to up to 94.7 percent of the gross domestic product of the Mimika Regency, 45.4 percent of Papua Province, and 0.8 percent of Indonesia. The prior study, conducted in 2009, concluded that the multiplier effect of PTFI’s workforce created 227,000 direct and indirect work opportunities, including 128,000 direct and indirect work opportunities in Papua alone.
Thirteen Freeport-McMoRan mining sites are certified by the Wildlife Habitat Council’s (WHC) Wildlife at Work program, which recognizes activities that create, conserve and restore wildlife habitat on corporate lands, and six sites were certified by the WHC Corporate Lands for Learning program, which recognizes activities to promote environmental education and outreach initiatives in local communities. PT Freeport Indonesia received the prestigious Corporate Lands for Learning of the Year award for outstanding conservation education, stewardship and voluntary employee efforts.
Freeport-McMoRan invests more than $10 million annually into energy-related research and development. Freeport-McMoRan participates in utility efficiency programs and supports renewable energy standards when feasible, such as providing mining-related property for solar power generation.
