2030 Commitments

To integrate sustainability into the management of our businesses, we have established a set of commitments that guide decision-making and investment prioritization.

These short-, medium-, and long-term commitments are supported by structured governance, budgeting, and management processes and are designed to generate a positive legacy for society and nature.

They are also aligned with key global challenges, including the United Nations Sustainable Development Goals (SDGs) , the 2030 Agenda , and the principles of the United Nations Global Compact.

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Progress on Our Long-Term Commitments

The Sustainable Development Goals (SDGs) represent a global call to action to end poverty, protect the environment and the climate, and ensure that people everywhere can enjoy peace and prosperity.

Below is an overview of how our long-term commitments are aligned with and contribute, in different ways, to the achievement of the United Nations 2030 Agenda targets, both in Brazil and globally. See below the company’s long-term commitments that contribute in some way to achieving the goals of the 2030 Agenda in Brazil and globally. The thematic correlation presented in the table follows the GRI 14 sector standard (Mining Sector 2024).

See below the cumulative results through 2025:

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SDGs Vale Goals Baseline Commitment Status in 2024 (progress at the end of 2024)
   
Climate
change
2017 baseline:
10,5 Mt CO2e
Reduce absolute Scope 1 and 2 
greenhouse gas (GHG) emissions by 33% by 2030
Global: Achieve zero net emissions in Scope 1 and 2 by 2050
Scope 1 and 2 emissions reduced by 26.9% - 81.5% progress towards target
   
Climate
change
2018 baseline:
528.4 Mt CO2e
Reduce net Scope 3 emissions by 15% by 2035.
Scope 3 emissions reduced by 13.2% - 88.3% progress towards target.
Energy
2017 baseline:
Global: renewable sources 
accounted for 79% of 
consumption.
Global: 100% renewable energy 
consumption by 2030
84.3% of consumption
   
Energy
2017 baseline:

Brazil: renewable sources 
accounted for 83% of 
consumption
Brazil: 100% renewable electricity consumption by 2025.
100% of electricity purchased certified by renewable declarations.
Energy
2017 baseline:
Global: energy efficiency was 0,294 GJ/tFeEq
Improve global energy efficiency indicator by 5% by 2030
In 2024, the index was 0.301 GJ/tFe-eq

 
Forests
2019 baseline
Restore and protect 500,000 ha outside 
Company properties by 2030
2024: 
5,828.55 ha restored through impact businesses and forest funds 35,000 ha of protection of forests financed through REDD+ projects
Progress at the end of 2024:
218,536.73 ha of habitat protected and restored since 2020 (18,443.26 ha restored and 200,093 ha protected)
Improvement in ESG 
practices
2019 baseline
Eliminate key ESG gaps in relation to best practices – 63 gaps mapped
57 gaps eliminated
   
Social Ambition
2021 baseline
Attain a top-three position in the leading 
external ESG assessments
Evolution in key external indexes and ratings (MSCI, Sustainalytics and DJSI). 
See more in Indices and ratings.
  
Social Ambition
2021 Baseline 
Help 500,000 people leave extreme 
poverty
In 2024, around 51,000 people were involved in 20 initiatives across six states. 
Of these, 80% were in Pará and Maranhão.
Social Ambition
2021 Baseline: 
Support all indigenous communities 
neighboring Vale’s operations in drawing up and implementing their plans to uphold the rights set out in the United Nations Declaration on the Rights of Indigenous People (UNDRIP).
In 2024, we completed and published a Consultation Protocol for the Kayapó people in the state of Pará, Brazil. In addition, another four of the 11 indigenous communities that Vale has relations with in Brazil (the Ka’apor people in Maranhão, the Guajajara people of the Pindaré River, the Caru indigenous 
lands in Maranhão and the Tupiniquim people of Comboios Indigenous Land in Espírito Santo) are engaged in implementing the Company’s commitment to the rights described in the UNDRIP, whether through the development of their Consultation Protocols, Territorial and Environmental Management Plans or Life Plans.
  
Air emissions
2018 baseline:
Particulate matter: 4.1 kt
 
Reduce Particulate Matter emissions by 16%
Result: Year 2024
Particulate Matter: 2.9 kt
In 2024, particulate matter emissions were 28% lower than in the 2018 base year.
  
Air emissions
2018 baseline:
Sulfur oxides: 118.1 kt
Reduce sulfur oxide emissions by 16% 
Result: Year 2024
Sulfur oxide: 33.4 kt
In 2024, sulfur oxide emissions were 39% lower than in the 2018 base year
  
Air emissions
2018 baseline:
Nitrogen oxides: 76.7 kt
Reduce nitrogen oxide emissions by 10%
Result: Year 2024
Nitrogen oxides: 49.3kt
In 2024, nitrogen oxide emissions were 72% lower than in the 2018 base year
  
 
 
 
  
 Health
and safety
2019 baseline: 23,000 exposures recorded
Reduce the number of exposures to harmful health agents in the workplace by 50% by 2025
For the year 2024, 9 thousand exposures were recorded. A reduction of more than of 60% compared to 2019.
  
Health
and safety
2023 Baseline: 21 N1+N2 
recorded
Reduction of at least 10% in N1+N2 occurrences compared to the previous year's year-end results.
25 registrations in 2024, a 19% increase compared to 2023 results
  
Health
and safety
2023 Baseline: 21 N1+N2 
recorded
Reach zero fatalities
In 2024 there were four fatalities in our operations, but we continue to pursue our goal of zero fatalities.
  
Health
and safety
Baseline 2019:
23 thousand registered exposures
Eliminate all risk situations classified as “very high” for 
health, safety, environment and communities
57% reduction in risk situations classified as “very high” 
between 2023 and 2024
Dams
 
No tailings dam in critical safety condition (emergency level 3) by December 2025
Sul Superior and B3/B4 dams are no longer considered to be emergency level 3. The Forquilha III dam remains at level 3.
  
Dams
  
Implementation of Global Industry Standard on Tailings 
Management (GISTM) at all tailings storage facilities (TSFs) by August 2025
48 out of 50 TSFs had implemented GISTM by 2023. The other two TSFs will comply with the standard by August 
2025.
Dams
   
Decharacterize all upstream dams in Brazil by 2035
57% of upstream dams decharacterized
  
Water 
2017 baseline
Reduce the cumulative average specific use of new water by 27% by 2030 (compared to the 2017 baseline), especially  in regions with the greatest water stress
In 2024, we achieved a 31% reduction in the specific use of new water in our 
operations, in relation to the baseline.
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¹ This reduction is primarily due to lower production compared to 2017 and improved operational discipline. The emissions curve is expected to rise as production grows in the coming years. However, this will be offset by technological initiatives to be implemented by 2030.
² GRI 2-4 Scope 3 emissions were recalculated, starting from the 2018 base year, to reflect new investments incorporated into Category 15 in 2024. Additionally, emissions related to leased vessels under our operational control—which in previous years were accounted for in Scope 3 (Categories 4 and 9)—have been transferred to Scope 1.
³ Purchased electricity consumption is verified by renewable declaration certificates. This target was achieved in 2023, two years ahead of schedule.
⁴ The percentage of renewable electricity varies year to year based on consumption, the volume of certificates obtained and the electricity generation mix of each country where we operate.
⁵ The production volumes of Vale’s main products, such as pellets, nickel and copper, are converted into metric tons of iron ore equivalent.
⁶ The indicator measures total energy consumption per unit of production and accounts for the effects of divestments since the 2017 base year. In 2025, the indicator was 1.7% above the base year, mainly reflecting changes in the production profile and the effects of operational transitions and expansions. These factors were partially offset by technological advances, process standardization and the adoption of digital solutions, which improved operational performance.

⁷ The international extreme poverty line is defined as USD 2.15 per person per day, according to the World Bank, using 2017 prices. This means that anyone living on less than USD 2.15 per day is in a situation of extreme poverty.

¹ Over the coming years, emissions will continue to be monitored in relation to the expected increase in production, so as to ensure that the established target is met.
² Over the coming years, the specific use of freshwater will continue to be monitored in relation to the expected increase in production, so as to ensure that the established target is met.
³ Includes positions at director level and above.
⁴The figure of 45.1% refers to the total number of leadership positions at Vale, in accordance with the current job structure. For the purposes of internal monitoring of the racial target, Vale adopts a methodological approach that disregards the effects of nominal adjustments resulting from the job review (career Y) carried out in 2025 and covers exclusively the Brazilian scope of Iron Ore Solutions, resulting in 39.8%.

Subtitles:

ESG Gap Action Plan – Progress

Vale reviewed and analyzed the methodologies adopted by its main ESG information providers and identified gaps in relation to best market practices. Based on this assessment, the company developed an action plan to address these gaps and align its management processes with practices expected by the market and society.

Senior leadership (C-level) is fully engaged in this initiative, as closing ESG gaps by 2030 is one of the company’s commitments and is linked to executives’ long-term incentive compensation.

By August 2025, Vale had closed 61 of the 63 mapped gaps, representing 96% of the action plan. The completion of these actions resulted in relevant advances for the company, including:
 
  • Increased transparency regarding executive compensation and performance targets;
  • Strengthened corporate governance, including the creation of Audit and Nomination Committees and updates to the bylaws aimed at enhancing the efficiency and independence of the Board of Directors;
  • Improved management processes aligned with best practices, through the implementation of specific policies covering tailings management, water resources, waste management, and the Vale Management Model (VPS);
  • Climate change scenario analyses, strengthening the company’s climate strategy;
  • Adoption of a proactive approach to community engagement, focused on long-term relationships and on building a legacy for society, aligned with Vale’s social ambition of fostering autonomous communities engaged in issues relevant to humanity and committed to responsible mining.

99%

gaps closed by August 2025

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See below our progress to date and key underlying initiatives. ​

ESG Index and Rating Performance

Vale’s ESG journey has progressed consistently over time, reflecting continuous improvements in practices, processes, and transparency. These advances are evidenced by improved performance across leading ESG indices and ratings.

The table below presents the company’s performance in key ESG ratings.
Agencies and rating criteria
Agency Focus Previous rating Current rating (February - 2026)
MSCI (AAA best / CCC worst)
General ESG
B
BB
Sustainalytics (lower score indicates better performance)
General ESG
31.7
23.2
ISS Governance (lower score indicates better performance)
Governance
1
1
ISS Corporate (A+ best / D- worst)
General ESG
C+
C+
Dow Jones Sustainability Index – DJSI (higher score indicates better performance)
General ESG
40
 39
CDP Water Security (A to D-)
Climate Change
B
B
CDP Climate Change (A to D-)
Water Resources
B
A-