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Vale scores higher in Human Rights ranking


WEBWIRE

Vale has been improving its human rights management through initiatives such as risk management and socio-environmental impact, due diligence processes, increased of complaints and greater transparency in the disclosure of company information related to the topic. -Camilla Lott, Executive Manager of Social Management and Human Rights

In a ranking released last week by the Corporate Human Rights Benchmark (CHRB) - a comparative study on human rights organized by international institutions - Vale was the only Brazilian company among the top ten. CHRB listed 101 of the world’s largest publicly-traded companies, evaluating their performance in the agriculture, apparel, and extractive industries.

Vale ranked third in the Extractive sector and sixth overall, ranking third in the highest group (between 60% and 69%). In 2017, Vale had been in the sixth group (between 30% and 39%). Vale’s Human Rights Guide and the face-to-face training of two thousand employees in 2018 - in addition to the online courses and chats for the dissemination of our policies and initiatives - contributed to the result.

What is the CHRB?

Corporate Human Rights Benchmark Ltd, is a not for profit company created to publish and promote the Corporate Human Rights Benchmark. The Corporate Human Rights Benchmark (CHRB) was launched in 2013 as a multi-stakeholder initiative and draws on investor, business and human rights, and benchmarking expertise from 7 organisations:

  • APG Asset Management (APG)
  • Aviva Investors
  • Business & Human Rights Resource Centre
  • EIRIS Foundation
  • The Institute for Human Rights and Business (IHRB)
  • Nordea Wealth Management
  • The Dutch Association of Investors for Sustainable Development


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