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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.
37
DitchCarbon score
+21 vs industry average
Vale’s score of 37 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
Very High
Iron Ores is among the most carbon-intensive industries
Industry performance
0.836
20182025
The Iron Ores industry has reduced its overall emissions by 39% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Vale's reported carbon emissions
Vale, an iron ores company headquartered in Brazil, reported its global carbon emissions for 2024 as follows:
- Scope 1 Emissions: Approximately 7.4 billion kg CO2e.
- Scope 2 Emissions: Approximately 300 million kg CO2e.
- Scope 3 Emissions: Approximately 458.5 billion kg CO2e.
Looking back, in 2023, Vale's Scope 1 emissions were approximately 7.5 billion kg CO2e, Scope 2 emissions were around 300 million kg CO2e, and Scope 3 emissions were approximately 450.1 billion kg CO2e. For 2022, Scope 1 emissions were about 7.1 billion kg CO2e, Scope 2 emissions were roughly 300 million kg CO2e, and Scope 3 emissions were approximately 456.7 billion kg CO2e. In 2021, the company disclosed Scope 2 emissions (market-based) of approximately 318.26 million kg CO2e and Scope 3 emissions including roughly 447.66 billion kg CO2e from processing of sold products, and approximately 11.72 billion kg CO2e from upstream transportation and distribution. In 2020, Vale's Scope 1 emissions were about 8.4 billion kg CO2e, Scope 2 emissions (market-based) were approximately 400 million kg CO2e, and Scope 3 emissions totalled roughly 491.6 billion kg CO2e. For 2019, combined Scope 1 and 2 emissions (market-based) were approximately 12 billion kg CO2e, with Scope 1 at about 11.3 billion kg CO2e and Scope 2 (market-based) at approximately 800 million kg CO2e, alongside Scope 3 emissions of approximately 562.9 billion kg CO2e. In 2018, Scope 3 emissions were approximately 553.11 billion kg CO2e, which included about 506.63 billion kg CO2e from processing of sold products and approximately 13.9 billion kg CO2e from upstream transportation and distribution. In 2017, the company reported Scope 1 emissions of approximately 9.2 billion kg CO2e and Scope 2 emissions of about 1.3 billion kg CO2e.
Climate Commitments:
Vale has set a long-term goal to achieve net-zero emissions across all scopes by 2050, aligning with the principles of the Paris Agreement.
The company also has a near-term target to reduce its absolute Scope 1 and Scope 2 emissions by 33% by 2030, against a 2017 base year. Furthermore, Vale aims to reduce its net Scope 3 emissions by 15% by 2035, compared to a 2018 base year.
Vale S.A. has a "Committed" status for near-term targets with the Science Based Targets initiative (SBTi).
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Vale’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Vale16 hours ago
37
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Frequently asked questions
Common questions about Vale’s sustainability data and climate commitments
In 2024, Vale reported total global carbon emissions of approximately 7.7 billion kg CO2e. This figure represents a slight increase from the previous year, with 2023 emissions standing at around 7.8 billion kg CO2e. Looking further back, Vale's emissions in 2022 were approximately 7.4 billion kg CO2e, and in 2021, they were around 7.5 billion kg CO2e. These figures highlight the company's ongoing efforts to manage its carbon footprint within the iron ore sector.
Data year: 2024
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