Vale S.A informed on February 18 that, with the growth of the ESG agenda and to continue delivering the results of the commitments made in its New Pact with Society, the Board of Directors has decided to establish an executive office exclusively for the Sustainability theme. (Logo quoted from Vale’s official website)

Over the last four years, the sustainability area has undergone a profound restructuring to promote dialogue with the communities and increase active listening in the territories where the company operates. During this period, Vale's strategy for its journey to becoming a carbon-neutral company by 2050 was defined. Also, it was defined the targets for recovery and conservation of an additional 500,000 hectares of forests by 2030, the targets of consumption of 100% renewable electricity by 2025 in Brazil and 2030 worldwide; and the targets for the reduction of Scope 1, 2 and 3 emissions were also defined.

At the same time, there were equally important advances in the social area: the Vale Foundation was reformulated, the Vale Fund began to focus on impact businesses, and the Vale Cultural Institute was created, the largest supporter of culture in Brazil.

(IRuniverse)

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