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The thorn in the elephant’s side: The Seattle Mennonite Church vs. Freeport-McMoRan Copper & Gold, Inc
Case Research Journal (2002)
  • D. E Ortman
  • H. Feldman
  • Asbjorn Osland, San Jose State University
Abstract

he Seattle Mennonite Church, owners of stock in Freeport McMoRan, Copper & Gold, Inc. (FCX), was concerned about FCX’s mining operations in Irian Jaya, Indonesia. The company, in partnership with the Indonesian government, operated the world’s largest copper and gold mining venture--the Grasberg mine. The church believed their duty as owners was to ensure that FCX was operated in a socially and environmentally responsible manner. However, complaints of major abuses had been leveled against the company. The Church approached FCX regarding their practices but was rebuffed. As a result, the Church embarked on a series of shareholder resolutions as a way to influence FCX’s behavior. FCX, however, argued they had made considerable progress on the environmental and social issues confronting them. The case ends with the Church having to make a decision. Should they continue to be a thorn in the elephant’s side or should they sell their FCX stock and invest it in other meaningful social programs?

Keywords
  • Seattle,
  • Mennonite,
  • Church,
  • . Freeport-McMoRan Copper & Gold
Disciplines
Publication Date
2002
Citation Information
D. E Ortman, H. Feldman and Asbjorn Osland. "The thorn in the elephant’s side: The Seattle Mennonite Church vs. Freeport-McMoRan Copper & Gold, Inc" Case Research Journal Vol. 22 (2002)
Available at: http://works.bepress.com/asbjorn_osland/43/