Julio F. Campos
I think it is unnecessary to comment about the recent tragedy caused by Vale in Brumadinho, which has so far resulted in a hundred deaths.
What is questioned here is the validity, effectiveness or even the connection with the reality of corporate sustainability reports, in the case of GRI, of which Vale holds the Gold Seal.
But a brief historical review of events is required.
Back in 2013 Samarco, a joint venture between Vale and BHP was aware of a report warning of problems in Bento Rodrigues, which indicated the risk of its dam.
In 2015 the risk became a reality with the rupture of the dam resulting in the death of 15 people, the destruction of the Rio Doce and the contamination of the coastal region. So far the survivors of the tragedy still suffer from the company's unwillingness to assume its indemnity responsibility. The previous report of 2013 pointing out the risk of the dam was rebutted by BHP.
The direct consequence of the "accident" was …