Social Performance - ESG
Act with transparency and ethics, respecting the human rights of employees, third parties and communities while always upholding to Vale’s corporate values.
Provide listening channels and implement a process for interactions management, aligned with Vale’s Listening and Response Mechanism.
Strengthen and implement participatory processes, in which the company’s positive legacy for the territories involved is derived from previous agreements with stakeholders and duly appropriated by the communities.
Promote engagement with stakeholders, sharing responsibilities among communities, public authorities, civil society organizations and private sector, reinforcing the role of each one based on the territory’s needs.
Improve Social Development
Support initiatives for economic diversification and the strengthening of institutions and communities, in a manner which contributes to their development and resilience processes.
Diversity and Inclusion
Properly engage vulnerable groups (taking adverse socioeconomic conditions, gender, ethnicity, age, physical disability and others) when identified as stakeholders, in initiatives/ projects developed by the company.
Respect the social, economic, cultural, environmental, political, and organizational diversity of territories, valuing the knowledge and capabilities of local communities in building solutions jointly with the company.
Adherence to International Agreements
Act with adherence to the ICMM’s Principles;
Act with adherence to the UN’s Guiding Principles for Businesses and Human Rights;Act with adherence to the Sustainable Development Goals, their targets and indicators.
Identify, recognize, and analyze, in a participatory manner, the risks involved and any impacts there may be on the communities, resulting from company’s activities, products or services, ensuring risks management and the elimination, mitigation, compensation and remedying of negative impacts.
Social Performance Model
To carry out the dialogue between the company and the communities, Vale has specialized teams that are Community Relations professionals.