PT Vale Indonesia Receives Medium ESG Risk Rating from Sustainalytics – Quick Dispatch

Vale Indonesia’s latest ESG score is a significant improvement over its previous classification as a high ESG risk company. Vale Indonesia’s latest ESG score is the lowest for a nickel company in the country, ranking 27th out of 195 global companies in the diversified metals and mining category.

Of the 238 diversified metals companies worldwide rated by Sustainalytics, less than 20 percent received a medium, low or negligible ESG risk rating.

“This is a proud moment for Vale Indonesia as we continue to integrate sustainable practices into all aspects of our operations,” said Bernardus Irmanto, Director of Sustainability and Corporate Affairs at Vale Indonesia.

“Our improved ESG rating is not only a reflection of our progress, but also a commitment to the future. We are committed to further mitigating ESG risks and continuing to play a key role in Indonesia’s sustainable mining industry.”

Sustainalytics’ Medium Risk rating, particularly in the diversified mining industry, represents a significant achievement given the industry’s high exposure to ESG risks.

The rating signals to investors that the company is proactively addressing ESG issues and is well positioned to further improve its performance, with manageable gaps that provide opportunities for continued improvement and long-term sustainability.

To address these challenges, Vale Indonesia has implemented several key initiatives, including protecting the environment through progressive reclamation and biodiversity conservation efforts. Additionally, the company’s use of hydropower and commitment to decarbonization play a vital role in reducing greenhouse gas (GHG) emissions.

By connecting with local communities, Vale Indonesia has invested in local community programs that promote economic growth, education and health, ensuring that its operations make a positive contribution to the development of the regions in which it operates.

In line with global management practices, Vale Indonesia is also actively strengthening its management systems to meet global standards, increasing transparency and accountability at all levels of the organization.

“We will continue to raise the bar for sustainability in Indonesia’s mining industry,” Bernardus added. “It’s not just about meeting expectations; it’s about creating a lasting positive impact on our environment, our people and our country. This result is valuable feedback for Vale Indonesia and an opportunity to gain recognition on the global stage.”