Vale S.A. (Additional Review) — Ethics Grade F

Vale S.A. (Additional Review) receives an overall ethics grade of F (12/100) on CancelCo's corporate accountability database. Sector: Mining & Metals. Market cap: Large Cap.

Category scores

• labor: 15
• privacy: 80
• consumer: 40
• environment: 5
• humanRights: 10

Documented incidents (3)

• Brumadinho Tailings Dam Disaster (high, 2019) — A dam collapse released a wave of toxic mud that killed 270 people and devastated the local ecosystem; investigations showed the company knew of stability issues.
• Slave-Like Working Conditions (high, 2023) — Brazilian authorities rescued workers from Vale-linked sites where they lived in squalid conditions and lacked access to clean water while working in mining pits.
• Indigenous Territory Intrusion (medium, 2021) — The company faced lawsuits for environmental damage and health impacts affecting the Xikrin and Kayapó indigenous people in the Amazon.

Documented good deeds

• Amazon Recovery Project — Pledged to recover and protect 500,000 hectares of forest in Brazil beyond its operation boundaries.

Ethical alternatives

• Alcoa — Significantly better safety track record and higher sustainability ratings in bauxite mining.