In addition, as part of our commitment to understanding and capturing the perspectives of our stakeholders, we regularly conduct perception surveys regarding Vale’s Sustainability performance. In 2023, we conducted 50 in-depth interviews and a quantitative survey involving over 190 representatives from diverse groups, including academics, clients, suppliers, multilaterals, and regulatory entities. When compared to our industry peers, the general public perceives us to be on par with the sector’s average.  

Conversely, among those subject to in-depth interviews, there is a more favorable perception of Vale’s sustainability performance, with 50% considering it above average. However, this positive perception is not uniformly reflected in terms of trust in the company. When analysing the results of the general public’s confidence, compared to 2021, there was a 9% increase in perception in Brazil.  

Within this audience, 33% express a high level of trust, while 41% maintain a moderate level of trust. When asked, the primary drivers for a moderate level of trust mentioned were the company’s response to the impacts of Brumadinho and Mariana, as well as the perception that the company does not consistently act in the best interest of society.  

It is essential to highlight that stakeholders also recognize Vale’s engagement efforts and demand for an increasingly closer relationship to strengthen communication and active listening. Among the identified opportunities is the necessity for more focused communication and a narrative directed towards the outcomes of our initiatives, along with the potential to demonstrate our role in forest restoration and protection, sustainable mining practices, and dam management.