Vale
Vale S.A., commonly known as Vale, is a leading global mining company headquartered in Brazil. Established in 1942, Vale has grown to become one of the largest producers of iron ore and nickel, with significant operations across South America, North America, and Asia. The company is renowned for its commitment to sustainable mining practices and innovation in mineral extraction. Vale's core products include iron ore, nickel, copper, and various other minerals, distinguished by their high quality and efficiency in production. The company has achieved notable milestones, including advancements in technology and a strong focus on environmental stewardship. As a key player in the mining industry, Vale continues to strengthen its market position through strategic investments and a dedication to responsible resource management.
DitchCarbon Score
How does Vale's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Iron Ores industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Vale's score of 18 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Vale's reported carbon emissions
In 2023, Vale S.A., headquartered in Brazil, reported Scope 1 emissions of approximately 2,029,486,000 kg CO2e and Scope 2 emissions of about 2,827,000 kg CO2e. The company's total emissions for the year are not disclosed, but previous years indicate significant emissions, with 2020's total reaching approximately 490,800,000,000 kg CO2e, including 9,620,730,440 kg CO2e from Scope 1 and 631,027,940 kg CO2e from Scope 2. Vale's emissions have shown fluctuations over the years, with notable figures from 2011 to 2019, where Scope 1 emissions ranged from about 15,800,000,000 kg CO2e in 2011 to 11,300,000,000 kg CO2e in 2019. Scope 3 emissions, which are often the largest portion of a company's carbon footprint, peaked at approximately 585,900,000,000 kg CO2e in 2018. Despite these figures, Vale has not committed to a net-zero target and has had its near-term reduction targets removed. The company is currently in a transitory grace period for compliance with its Commitment Compliance Policy, with targets expected to be submitted by July 31, 2023. Vale's climate commitments remain under development, reflecting the broader industry context where mining companies are increasingly pressured to address their carbon footprints.
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Add to project| 2011 | 2012 | 2013 | 2017 | 2018 | 2019 | 2020 | 2022 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 15,800,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 800,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 308,700,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Vale is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
