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.
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.
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.
Vale's score of 32 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Vale S.A., headquartered in Brazil, reported total carbon emissions of approximately 2032313000 kg CO2e, which includes 2029486000 kg CO2e from Scope 1 and 2827000 kg CO2e from Scope 2 emissions. This reflects the company's ongoing commitment to transparency in its environmental impact. Vale's emissions data from previous years shows a significant reduction trend. For instance, in 2017, the company reported total emissions of about 577100000000 kg CO2e globally, with Scope 1 emissions at approximately 10918638890 kg CO2e and Scope 2 emissions at around 1700000000 kg CO2e. This indicates a substantial decrease in emissions over the years, highlighting Vale's efforts to improve its sustainability practices. Despite these reductions, Vale has not yet committed to a net-zero target. The company is currently in a transitory grace period for its Commitment Compliance Policy, with targets expected to be submitted by July 31, 2023. Vale's near-term targets have faced challenges, with some being removed or expired, indicating a need for more robust climate action strategies. Overall, Vale's emissions and climate commitments reflect a complex landscape of progress and ongoing challenges in the mining sector, particularly in the context of global climate change initiatives.
Access structured emissions data, company-specific emission factors, and source documents
2011 | 2012 | 2013 | 2017 | 2018 | 2019 | 2020 | 2021 | 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 | 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 | 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 | 000,000,000,000 | 000,000,000,000 |
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.