​​ Sustainability Report 2018

Sustainability

Sustainability Report 2018

Sustainability Report

2018

About
the Report

Vale's Sustainability Report has always focused on our challenges, achievements, and strategies to address our mission to transform natural resources into success prosperity and sustainable development. However, the breach of Dam I at Córrego do Feijão Mine, in Brumadinho, Minas Gerais, made it urgent to be accountable for it and discuss with our stakeholders about what happened

Then, in this 12th edition, our report is divided into two parts. In the first section, we present the activities and outcomes related to the dam breach, as well as the description of dam management process, accident prevention, and emergency response.

breach, as well as the description of dam management process, accident prevention, and emergency response.

In the second section, we present the main institutional information about Vale and the report on our material themes – content to guarantee that this edition was developed in accordance with the standards of Global Reporting Initiative (GRI) and its Mining and Metals Sector Supplement.

Download the report in.pdf format

Breach of Córrego do
Feijão Dam

Since the breach of Dam I, on January 25, 2019, all our efforts are focused on the support for all the people affected and, together with the Fire Service firefighters and Civil Defense, we are still working (until the publication of this report). Countless actions have already been taken. Check out some of them below.

Vale's CEO
Eduardo Bartolomeo

Our obligation is to draw lessons from this tragedy to transform Vale into a more humane, safety-oriented and sustainable company. To this end, we will make every effort to rethink our methods and processes, without ever forgetting our responsibilities to Brumadinho. We will work tirelessly to ensure the safety of people throughout our operations.

Today, our commitment is to do even more than we have done so far to transform Vale into a company that is as recognized for its respect for life and the environment as it is for its market value. This is the objective that we will pursue from now on.”

Check out the letter of Vale's CEO

Overview
of the Recovery
Actions

R$1.3 billion used to purchase medicines, water, equipment and other logistical costs​
  • R$29 million in donations to the Fire Service, Civil Defense, and Police;
  • 76 thousand people benefited by the Preliminary Adjustment Agreement;
  • R$9.3 billion for preliminary agreements and emergency indemnities;
  • 67 monitoring points for water and sediment analysis;
  • 5 membranes installed to impound sediments;
  • Investiments in the River Fluvial Water Treatment Plant (with capacity to treat 2 million liters of water per hour) to reduce the environmental impact.
  • Almost 630 animals assisted.

Investment in
Dry Processing

Vale has been searching for alternatives and developing projects that use technologies to reduce the need for dams. The company invested nearly R$66 billion to install and increase the dry processing of the iron ore produced in Brazil in the last 10 years. This natural moisture processing – without water – does not generate tailings, so no dam is required. Over the next five years, the estimate is to invest more R$11 billion in facilities for similar processing. Today, almost 60% of Vale's production is through dry processing, but the goal is 70%

2008 - 2018 R$66bi
2019 - 2024 R$11bi
70% of the production through dry processing by 2024

Highlights
of the 2018 Report

We are constantly evolving and working to transform natural resources into success and sustainable development. See below some of Vale's actions in 2018.

Environment

reuse of 83% of the water

required for production – a volume equivalent to 956 million m3

protection of natural areas across 8,500 square kilometers

5.6 times greater than the total area of its operational units

reduction of 30,400 tons of CO2 emissions to the atmosphere

through revegetation of the areas affected and/or compensation – an increase of 34% compared to 2017

reduction of 85% of SOx emissions

from the smelter foundry complex at Copper Cliff, with the Clean AER project, in Canada

US$ 459.8 million spent in environmental actions​

Social

124.9 thousand employees

(70.3 thousand direct employees and 54.6 thousand third-party employees), of which 95.6 thousand are allocated in Brazil

US$ 116.5 million spent in social actions,

mostly for urban infrastructure and mobility, traditional communities, indigenous people, as well as work and income generation

More than 1.4 million people transported by passenger

trains at Vitoria-Minas railroad and Carajás railroad per year

Social development of 4,777 children and adolescents

and their families at five Knowledge Centers (Maranhão, Minas Gerais, Espírito Santo and Pará) and at the Deodoro Training Center (Rio de Janeiro), which are supported by Vale Foundation

US$ 13.4 million invested by Vale Foundation in its social and cultural areas as well as programs

in 67 municipalities of Pará, Maranhão, Minas Gerais, Espírito Santo, and Rio de Janeiro

Check out some of our cases

Support for People Affected by Cyclone Idai
Biopalma da Amazônia
Carbon Footprint

According to the United Nations, nearly 1.85 million people were affected by the cyclone Idai in Mozambique, in March 2019. Vale and companies of the Corridor project are supporting these people in solidarity with the victims and as per our social responsibility. Among the initiatives are:

  • Emergency donation of monetary value to the National Institute of Disaster Management (NIDM);
  • No port rates at port of Nacala to ship food containers from the United Nations World Food Program (UN agencies) to Beira and Malawi;
  • Donation of public health and hygiene products to more than 2,000 families in Moatize;
  • Dialogue with NGOs and other agencies to identify new priorities and keep contributions adequately;
  • The Corporate Volunteer Program, supported by employees, that collects non-perishable products, clothing, hygiene products, and household items.
  • In May, Vale signed a memorandum of understanding with the Red Cross of Mozambique to ensure the application of donated funds by the company to the victims of cyclones Idai and Keneth.

Click here to download the 2018 Sustainability Report

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