Vale presented today (November 29), during Vale Day, an annual meeting
with investors and
capital market analysts at the
New York Stock Exchange, its social ambition: to be a partner company in
the development of resilient communities, engaged in relevant issues for
humanity and committed to sustainable mining.
To achieve this objective, Vale has defined three social goals for 2030:
to be among the three best-positioned companies in the sector in terms
of social requirements according to the main external assessments in
sustainable mining; lift 500,000 people out of extreme poverty; and
collaborate with the indigenous communities neighboring all Vale
operations in their plan's preparation and execution, in pursuit of
the rights set out in the UN Declaration on the Indigenous Peoples
Focusing on fighting extreme poverty, Vale wants to contribute to a
greater social justice through projects in the education, health and
income generation areas via partnerships with other companies,
governments and third sector entities. In addition, it wants to
contribute to cultures valuing with the respect and promotion of
indigenous peoples and traditional communities’ rights.
Thinking of a future leadership that is increasingly diverse and
inclusive, Vale has brought forward by five years, to 2025, the goal of
achieving 26% female participation in the workforce. Currently, the
women percentage at Vale is 18.7%, against 13.5% in 2019, when the
company set the goal for women within a global diversity strategy.
In addition, Vale announced that it intends to reach 40% black employees
in leadership roles in Brazil by 2026, up from 29%, a number recorded
after conducting a self-declaratory census with employees in Brazil. In
the last edition of its Trainee Program, for example, Vale selected 95
black professionals. It means that, among 144 trainees hired by the
company, 66% declared themselves black professionals at the enrollment
moment. Among the 144 hired, 98 are women, which is equivalent to 68% of
"Vale has a history of social engagement and support and a relevant
role in the locations where it operates, but we want to do more. To do
this, we consider in our social ambition to be a partner that enables
development and autonomy of the communities with which se até related
based on the education-health-income tripod," says Eduardo
Bartolomeo, Vale's president.
“We want to foster alliances and partnerships with companies,
governments and the third sector involving actions and structuring
programs for the communities where we operate,” comments Maria Luiza
Paiva, executive vice-president of Sustainability at Vale.
The social ambition is in line with the New Pact with Society, one of
our strategic pillars created after Brumadinho, and it adds up to the
environmental agenda, especially the commitments to reduce greenhouse
gas emissions, that have been signed in 2019 and 2020.
Vale wants to ensure that its actions generate social and environmental
value and promote effective, positive post-mining legacies.
Watch the video and learn more.