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Vale: improving lives and

transforming the future

Decarbonizing the industry is Vale’s commitment to society and the planet.

Vale is among the leaders in the supply of such as ethanol, biodiesel and ammonia.
essential products for the development of Means of transport´s electrification enters this
global production chains and is focused on composition as an auxiliary strategy.
the practice of sustainable mining, with low-
carbon solutions and a focus on disciplined Regarding Scope 2 emissions, the focus
capital allocation. is on making the energy matrix 100%
renewable and improving energy efficiency.
Vale’s climate change strategy reflects the Today, approximately 90% of the electricity
strategic pillar of promoting low-carbon consumed by operations worldwide already
solutions. The company has set ambitious comes from renewable sources. Vale wants
targets: to reduce Scopes 1 and 2 absolute to bring this amount to 100% by 2025 in its
greenhouse gas (GHG) emissions by operations in Brazil and by 2030 in the rest
33% by 2030 and to reach net zero by of the world. In July in Brazil, the company
2050 for direct emissions (scope 1) and reached maximum operating capacity at the
indirect emissions associated to electricity Sol do Cerrado solar energy complex, one of
consumption (scope 2). the largest in Latin America.

Vale is also committed to reducing Scope Low-Carbon Solutions for Steel
3 net emissions by 15% by 2035, which Carbon intensive, the mining and steel
represents more than 80 million tonnes of sectors account for about 15% of global GHG
CO2e, the equivalent to New Zealand’s emissions. Contributing to a sustainable cycle,
emissions. To reach Scope 3 target, Vale Vale has been developing a portfolio of high
relies on a high-quality portfolio and quality and technological products, in addition
innovative technology to provide solutions to to optimizing the routes of production
decarbonize the value chain; partnership and processes. The iron ore briquette, a product
engagement with clients and suppliers; and the developed over almost 20 years, reduces
limited use of high-integrity carbon credits. CO2 emissions from steelmaking by up to
10% by potentially replacing sintering process
One of the measures adopted in this in the BF-BoF route.
decarbonization journey is the replacement
of fossil fuel with cleaner alternatives. The In the last two years, partnerships for
technological route to achieve net zero GHG decarbonization solutions were also signed
emissions involves a set of fuel solutions with around 50 steel customers, which

In July in Brazil, the company

reached maximum operating

capacity at the Sol do Cerrado

solar energy complex, one of the
largest in Latin America

Sol do Cerrado solar power plant: installed capacity of 766 megawatts-peak.

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