Contributed Article
PHOENIX – Freeport has been named one of the 50 most community-minded companies in the United States, with its inclusion on The Civic 50 list, which recognizes corporate volunteerism and community engagement.
Freeport has been included on the list 12 times since its inception in 2012. The Points of Light Foundation, a nonpartisan global nonprofit organization, compiles the list. It recognizes companies with annual U.S. revenues of at least $1 billion that demonstrate outstanding achievement in resource investment, stakeholder engagement, and volunteerism, which is embedded in their policies and has measurable impacts.
“Being recognized as one of The Civic 50 is an important affirmation of Freeport’s commitment to excellent social performance, which is embedded in our culture, integrated into our business decisions and activities, and based on a goal of building trust with communities,” said Tracy Bame, Freeport’s Director of Social Responsibility.
“We are deeply committed to giving our communities a voice and working in partnership to help ensure resources are invested in meaningful activities that develop long-term resilience and deliver shared value. We’re honored to make the list, as the process helps us determine the efficacy of our efforts in comparison to others.”
Impact of investment far-reaching
To maximize the value of the time and resources it dedicates to communities in North America, the company works with a third-party organization, True Impact, to quantify the number of people benefiting and assess the resulting outcomes.
An analysis of 88 programs, representing approximately $10 million of Freeport’s community spending in North America, reveals that around 50,000 people experienced positive social impacts. These impacts include areas such as improved academic performance, increased access to community resources, enhanced safety, improved health and well-being, and financial stability through enhanced employment opportunities, professional skills development, and increased income.
Freeport invested about $211 million in community programs worldwide in 2024. Collaboration with employees, host communities, indigenous people, and other stakeholders is a high priority and a key component of the company’s “Sustainability Pillars” outlined in its most recent Annual Report on Sustainability.
The Civic 50 rankings are the only assessment of their kind that exclusively measures corporate involvement in communities, according to the organization’s website. The Civic 50 was launched in 2012 as a partnership between Points of Light, the National Conference on Citizenship, and Bloomberg LP.
