Vale S.A., commonly known as Vale, is a leading global player in the iron ore industry, headquartered in Brazil. Founded in 1942, the company has established a strong presence in key operational regions, including Brazil, Canada, and Mozambique. Vale is renowned for its high-quality iron ore products, which are essential for steel production, and its commitment to sustainable mining practices.
With a focus on innovation and efficiency, Vale has achieved significant milestones, including advancements in technology and environmental stewardship. The company is recognised for its substantial market position, being one of the largest iron ore producers worldwide. Vale's dedication to responsible mining and its unique product offerings set it apart in the competitive landscape of the iron ore sector.
+21 vs industry average
Vale’s score of 35 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Iron Ores is among the most carbon-intensive industries
Industry performance
The Iron Ores industry has reduced its overall emissions by 65% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Vale's reported carbon emissions
Vale's carbon emissions data for 2024 shows a significant total of approximately 474.5 billion kg CO2e. This includes Scope 1 emissions of about 7.4 billion kg CO2e, Scope 2 emissions of approximately 300 million kg CO2e, and substantial Scope 3 emissions amounting to roughly 458.5 billion kg CO2e. In 2023, total emissions were around 457.9 billion kg CO2e, comprising 7.5 billion kg CO2e of Scope 1, 300 million kg CO2e of Scope 2, and 450.1 billion kg CO2e of Scope 3 emissions. Vale is committed to achieving net-zero emissions by 2050 across all scopes, aligning with the Paris Agreement. Furthermore, the company has set a near-term target to reduce its absolute Scope 1 and 2 emissions by 33% by 2030, using 2017 as a base year. Vale is also working to reduce net Scope 3 emissions by 15% by 2035, compared to a 2018 baseline. The company's Scope 1 and 2 intensity was approximately 18.3 tonnes CO2e in 2024. Vale's operations are primarily in the iron ores industry, with its headquarters located in Brazil.
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Vale’s Climate Goals (2030 & 2050)
6 goals2030
33% reduction in Scope 2
Vale has set a target to reduce its absolute Scope 1 and 2 emissions by 33% against a base year of 2017.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Vale
Frequently asked questions
Common questions about Vale’s sustainability data and climate commitments
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