Vale launches portal with information on Environment, Social and Governance practices

About Vale

12/2/2019

Vale launches portal with information on Environment, Social and Governance practices

Vale launched this week a portal to increase transparency of its actions in the Environmental, Social and Governance (ESG) areas. Through the new channel, the company discloses its advancements and gaps with direct and easily accessible communication. The portal meets the growing demand for a structured source of information on Vale, approaching topics of interest to investors, risk agencies and shareholders who connect their investments with corporate transparency.

“Since 2018, we have intensified contact with ESG stakeholders, and based on these interactions, we have worked to address the need for greater transparency about non-financial information. Transparency means doing and reporting, no matter if it is good or bad, and it is our duty to give access to our consolidated initiatives as well as to what we are still doing to achieve more sustainable results”, explains Luciano Siani, Executive Director of Finance and Investor Relations.

In total, 33 pages of content are available, distributed between six main subjects: Strategy and Commitments, Health and Safety, People and Communities, Reparation, Governance and Environment. Vale's goals are presented throughout these pages, with initiatives, actions, numbers and commitments.

To learn more about these and other information, access the ESG Portal and browse through the different subjects.

Safety and Repair

The Health and Safety area details Vale's commitment to society and the company’s employees, related to the safety of its operations. The “Health and Safety” section provides information on investments, actions to reduce risks and increase the operations safety, as well as the governance and control of our dams.

In the “Reparation” section, the dam 1 breach in Brumadinho has a special space. The page introduces the Full Reparation Program, with the main actions to assist the victims and the evolution of compensation and recovery actions.

Commitment to diversity

Among the gaps disclosed on the portal, there is the absence of policies to promote gender diversity at Vale. To reduce this gap, Vale has set the goal of doubling the participation of women in the company’s workforce, from 13% to 26% by 2030. With this goal, Vale expects to contribute to the reduction of the gender imbalance in mining, which has always been a predominantly male industry.

 

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Vale launches portal with information on Environment, Social and Governance practices