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ISE: Vale among the most sustainable companies on B3


WEBWIRE

For Vale, joining the new ISE portfolio means recognition of the sustainability practiced during each phase of our processes. Besides our whole sustainability agenda, we have recently joined the Novo Mercado (new market) group – the highest level of corporate governance and transparency on the stock market. -Luiz Eduardo Osorio, Vale’s executive director of Sustainability and Institutional Relations.

Vale will be part of the 14th portfolio of B3 Corporate Sustainability Index (ISE, Índice de Sustentabilidade Empresarial). The portfolio – to be valid from January 7, 2019 to January 2, 2020 – gathers 35 shares from 30 companies, representing 13 sectors. Together, the companies listed on ISE have a market value of R$1.73 trillion, equivalent to 48.66% of the total value of companies with shares traded on B3, according to data from 11/27.

As part of its strategy, Vale aims at becoming a global reference in sustainability within the mining sector by 2030. The company currently protects 8,500km2 of areas equivalent to 5.6 times the total area of its operational units. It also maintains Vale Natural Reserve in Linhares (Espírito Santo), which generates 3 million seedlings per year for the replanting of native forests. In 2017, the company invested approximately R$45 million, through Vale Foundation, in social projects distributed throughout 65 cities in Brazil. Check our website and learn about other initiatives as well as social and environmental commitments.

Corporate Sustainability Index

ISE is a tool that conducts a comparative analysis on the performance of the companies listed on B3 considering their corporate sustainability, based on economic efficiency, social and environmental balance, as well as corporate governance.


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