Social Investment - ESG
Social Investment
Mandatory investments:
Actions to meet social and environmental programs that are directly related to the compliance with conditions (defined in a licensing process), court judgments (or equivalents) or by force of law.
Mitigating investments:
Actions to address non-formalized impacts in a licensing process or legal obligations.
Voluntary investments:
Social, environmental, cultural and institutional actions which are unrelated to the impacts of Vale’s operation, carried out with the company’s own resources or from fiscal incentive mechanisms.
Social Expenditures
Resources applied by theme/type (US$ million) |
---|
2019
Mitigating: -
Mandatory: 42.71
Voluntary: 69.65
Total: 112.36
2020
Mitigating: 7.15
Mandatory: 30.35
Voluntary: 55.52
Total: 93.02
2021
Mitigating: 19.86
Mandatory: 34.34
Voluntary: 95.88
Total: 150.08
-
2020
50.89
2021
126.28
77.90
2020
137.35
2021
152.82
-
2020
108.78
2021
44.36
190.26
2020
390.05
2021
473.53
Resources applied by theme/type (US$ million)
|
2019
|
2020
|
2021
|
---|---|---|---|
Company's own resources
|
112.36
|
93.02
|
150.08
|
Mitigating
|
-
|
7.15
|
19.86
|
Mandatory
|
42.71
|
30.35
|
34.34
|
Voluntary
|
69.65
|
55.52
|
95.88
|
Tax incentive mechanisms / Tax benefit
|
-
|
50.89
|
126.28
|
Brumadinho reparation
|
77.90
|
137.35
|
152.82
|
Covid-19
|
-
|
108.78
|
44.36
|
Total
|
190.26
|
390.05
|
473.53
|
3.72
2020
7.77
2021
30.69
32.37
2020
24.93
2021
30.62
29.50
2020
20.49
2021
73.31
7.94
2020
20.77
2021
21.05
5.96
2020
5.54
2021
3.90
13.17
2020
11.14
2021
13.89
9.06
2020
47.60
2021
101.85
1.14
2020
39.43
2021
44.81
2.51
2020
37.45
2021
26.27
4.10
2020
122.19
2021
62.04
0.01
2020
15.97
2021
22.05
80.78
2020
36.76
2021
43.06
190.26
2020
390.05
2021
473.53
Funds applied (in US$ million)
|
2019
|
2020
|
2021
|
---|---|---|---|
Support to Entities
|
3.72
|
7.77
|
30.69
|
Traditional Communities and Indigenous Peoples
|
32.37
|
24.93
|
30.62
|
Culture
|
29.50
|
20.49
|
73.31
|
Education
|
7.94
|
20.77
|
21.05
|
Studies and Monitoring
|
5.96
|
5.54
|
3.90
|
Work and income generation
|
13.17
|
11.14
|
13.89
|
Infrastructure and mobility
|
9.06
|
47.60
|
101.85
|
Social Protection
|
1.14
|
39.43
|
44.81
|
Resettlements
|
2.51
|
37.45
|
26.27
|
Health
|
4.10
|
122.19
|
62.04
|
Community Safety and Safety
|
0.01
|
15.97
|
22.05
|
Other
|
80.78
|
36.76
|
43.06
|
Total
|
190.26
|
390.05
|
473.53
|
Last update in April, 2022
¹ Investments includes Brumadinho expenses.
Management of Social Investments
Private Social Investment
Vale Foundation
Vale Fund
Vale Cultural Institute
Vale Volunteer's Network
Policies and Standards
Business Case
Vale Music
+ 400
students participate in the exchanges+ 60
students participate in the residencies+ 100
professional musicians11
integrated performances in renowned national stages: the Theatro Municipal Rio de Janeiro, SESC Palladium, Teatro Riachuelo), Teatro Cecília Meireles, and Inhotim, among othersPartner Projects of the Vale Music Program
The Vale Music Program takes place in the states of Minas Gerais, Espírito Santo, Mato Grosso do Sul, Pará and Rio de Janeiro.
Vale Música Belém has been in existence for 15 years. It is for public school students in the capital of Pará and has trained over 1.000 professional musicians.
Moinho Cultural Sul-Americano is a non-governmental organization and provides free lessons to 360 children and adolescents from Corumbá and Ladário, MS, and from the Bolivian cities of Puerto Suarez and Puerto Quijarro.
Vale Música Serra has been active since 2012 at the Knowledge Station in the municipality of Serra, Espírito Santo. It has 200 students from the public school network and residents from the city or from Grande Vitória.
The Orquestra Ouro Preto was founded in 2000 and promotes art by spreading concert music, in all its diversity, with a focus on the education of new audiences.
The Orquestra Sinfônica Brasileira is one of the oldest orchestras in Brazil and has been developing projects and partnerships to contribute to the teaching of music in the country.
The Polo Vale Música Brumadinho was inaugurated in September 2019 and is an area of the Knowledge Station of Brumadinho, where lessons take place with shared instruments and much playfulness.