Vale SA
Metals & Mining
Company Summary
Vale, founded in 1942, is one of the largest mining companies in the world, primarily extracting iron ore, nickel, and copper. The company’s ESG rating reflects its commitment to improving sustainable mining practices, carbon reduction, and minimizing environmental impact. Vale has focused on improving water usage and energy efficiency while promoting social responsibility in its operations. However, the company has faced criticism due to the Brazillian dam disaster, which raised concerns about worker safety and environmental responsibility. Despite these controversies, Vale continues to prioritize sustainability and corporate governance. For more information, refer to the Vale ESG report.
ESG Rating Overview
Sustainalytics
Overall ESG Rating :
LSEG
Overall ESG Rating :
MSCI
Overall ESG Rating :
Vale is a laggard among 31 companies in the steel industry.
Temperature Rise :
FAQ
What is Vale's ESG rating?
Vale’s ESG rating is mixed, with a score of 58/100. The company has made significant improvements in environmental sustainability but continues to face challenges in social governance, particularly in worker safety and community relations.
How does Vale manage ESG risks?
Vale addresses ESG risks by investing in sustainable mining technologies, improving worker safety standards, and engaging with local communities to ensure responsible practices. The company has committed to reducing carbon emissions and improving its waste management and water usage.
What sustainability initiatives has Vale implemented?
Vale is committed to reducing its carbon emissions by 33% by 2030. It is also focusing on responsible mining practices, with significant investments in technologies that minimize environmental impact and support land restoration. The company also works on improving biodiversity and community development programs around its mining sites.
