Vale is recognized as one of the world leading companies in climate change management
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The scoring criteria consider an eight-note scale, between D- and A. The
transparency of data on the companies' environmental goals is evaluated;
awareness of this information within the organization; data management
by mapping risks and opportunities; and leadership in implementing best
climate management practices. For the first time, the questionnaire was
signed by Vale's CEO, Eduardo Bartolomeo, which demonstrates the
commitment of senior management to the company's environmental goals.
Grade A – reflects that Vale is on the right track of best management
practices on the subject. CDP found that the company has improved
transparency of its scope 3 targets, with greater engagement of its
value chain; increased the percentage of renewable sources in its
electricity matrix, which today represents 90% of the total consumed;
and advanced in risk communication. As points of improvement, CDP
pointed out that there is an opportunity to accelerate initiatives to
switch fossil fuels to increase the percentage of renewable sources in
the energy matrix and the fact that the company's carbon target has not
yet been validated by the Science Based Targets initiative (SBTi), a
non-profit organization that seeks to align corporate emission reduction
commitments with climate science.
Vale is recognized as one of the world leading companies in climate change management