Throughout 2020, Catavento supported Vale based on two main pillars: Low Carbon Mining and Sounding Panel.
Vale – Low Carbon Mining
The Low Carbon Mining pillar was based on the facilitation of the Low Carbon Forum and the strategic guidance for the climate agenda.
The Low Carbon Forum was created to define and supervise the implementation of Vale’s climate initiatives. It is coordinated by the Sustainability Executive Director, with the participation of Vale’s CEO and the Executive Directors of Ferrous Metals, Basic Metals, Business Support, Finance and Investor Relations. Catavento supported the formulation of the meetings’ agenda and the alignment with the teams involved, in addition to being responsible for preparing templates and facilitating meetings. Furthermore, the Catavento team conducted monthly presentations on the most relevant external trends and for Vale’s climate agenda, including benchmark analyzes from peers and other industries.
With regard to strategic guidance, Catavento supported Vale in defining climate goals and in its accountability to key stakeholders, through meetings with leaders and teams, in addition to reviewing all documents related to climate change. In addition, Catavento prepared a monthly Climate Intelligence Bulletin, with the news and studies most relevant to the company’s agenda.
Vale – Sounding Panel 2020
In 2019, Catavento assisted Vale in structuring the Sounding Panel. Its main objective is to stimulate the listening capacity of Vale’s Executive Directors, in order to test concepts and recover credibility with different stakeholders, as well as to influence the integration of sustainability into the company’s business strategy.
The Sounding Panel is formed by 05 (five) independent stakeholders from different industries and geographies. The members’ main areas of knowledge are mining, energy, forest and technology. The composition of the Sounding Panel seeks to bring diversity and balance of experiences and perceptions. On the other hand, all members share characteristics considered relevant to the company, being executives / specialists recognized in their areas of expertise.
In addition to assisting in structuring the Sounding Panel and selecting members, Catavento is responsible for facilitating meetings. Among the main responsibilities, Catavento prepares briefings and pre-reading materials, and consolidates the main messages of the meetings. Clarissa Lins, founding partner of Catavento, is also responsible for moderating and conducting the meetings.
In 2020, 3 meetings were held with the permanent participation of the CEO and the alternate participation of Vale’s Executive Directors. Different topics considered relevant to the company were explored, including climate change, energy transition, low carbon mining, indigenous populations and COVID-19. The topics of shared-value and ESG perspectives for the mining sector were also addressed.