Fighting corruption is one of the challenges that guides our Ethics & Compliance Program. Since the program was launched in March 2021, we have made significant progress in managing the risk of corruption. We have implemented new controls and tests and we are automating some deviation detection processes. All of this is about compliance, enforcing the rules. However, we believe there is something bigger than that: ethics. Fighting corruption depends on the individual behavior of everyone who makes up Vale. That is why we are also investing in communication actions and training on this topic, such as the Anti-Corruption Course that we launched this year during Ethics Week. We need to be trained and aligned with the values of our company. That is how we will make decisions ethically and responsibly to fight against corruption.”

Denis Cuenca
Vale’s Chief Audit and Compliance Officer