renewable sources varies significantly depending on site production and countryspecific circumstances. The potential physical impacts of climate change on our operations are highly uncertain, and would vary by operation based on particular geographic circumstances. As a result of the Paris Agreement reached during the 21st Conference of the Parties to the United Nations Framework Convention on Climate Change in 2015, a number of governments have pledged ‘Nationally Determined Contributions’ to control and reduce greenhouse gas emissions. In the U.S., several states, including Colorado and New Mexico, have advanced goals reducing or eliminating fossil-fuel based energy production. Transitions to renewable and other energy sources could, among other things, increase our operating and energy costs depending on the scope and magnitude of increased regulation of fossil-fuel based energy production, including greenhouse gas emissions.”131 “Freeport-McMoRan recognizes that climate change poses significant near-term, medium-term and longer-term challenges for society. We also understand that climate change presents risks and opportunities for our operations and our financial performance. We aim to manage and mitigate, to the extent possible, associated risks to our business with the ambition of being a net positive contributor to climate solutions through delivery of copper to global markets.”132 “We are committed to minimizing the impacts of our operations on biodiversity and ecosystem services while promoting opportunities to conserve and enhance resources in the areas in which we operate”133 Statements on Human Rights “We have adopted policies that govern our working relationships with the communities where we operate and are designed to guide our practices and programs in a manner that respects human rights and the culture of the local people impacted by our operations. We continue to make significant expenditures on community development, education, training and cultural programs, which include: • comprehensive job training programs • clean water and sanitation projects • public health programs, including malaria control immunodeficiency virus • agricultural assistance programs • small and medium enterprise development programs • basic education programs • cultural promotion and preservation programs • community infrastructure development” • charitable donations”134 and human Freeport-McMoran, Inc. (2018), Annual Report, p. 51, available at https://s22.q4cdn.com/529358580/files/doc_financials/10-K/10_k2018.pdf (last accessed on 12 September 2019). 132 Freeport-McMoran, Inc., 2017 Working Towards Sustainable Development Report, p. 25, available at http://fcx.com/sites/fcx/files/documents/sustainability/wtsd_2017.pdf (last accessed on 12 September 2019). 133 Id., p. 31. 134 Freeport-McMoran, Inc., supra note 131, p. 23. 131 Annex D: Corporate Statements on Climate Change and Human Rights | 34