Hatch and Vale partner to bring positive change to communities in Brazil
New partnership to be focused on lifting people out of extreme poverty
Rio de Janeiro, Brazil—Today, Hatch and Vale signed a new partnership agreement focused on positive change for communities in Brazil. Hatch will provide financial contributions to advance Vale’s corporate goal of uplifting 500,000 people who experience extreme poverty in Brazil by 2030.
Vale and Hatch share a common vision to create lasting, positive effects in the communities in which they work. Together, they are working on the Onça Puma furnace 2 project located in Brazil’s Pará state. As part of Vale’s Partilhar Program, which aims to promote local socio-economic growth with contractors and suppliers, Hatch and Vale will focus their partnership and efforts on alleviating poverty in the region, an issue that has been exacerbated in Latin America by the pandemic. According to the Economic Commission for Latin America and the Caribbean, in Latin America 28 years of progress to eliminate extreme poverty was lost as a result of the pandemic.[1]
“Hatch and Vale have been partners for many years. It’s important to us that we act as partner with our clients, not only to develop solutions for their projects, but to work together to create meaningful change in our shared communities. We’re proud to have the opportunity to build on our long-term relationship with Vale and foster positive outcomes for the people of Brazil,” shared Kezer Almeida, Hatch’s country manager in Brazil."
Hatch’s commitment to communities extends well beyond philanthropic efforts. Their Community Engagement and Social Performance (CESP) team works with clients to leave a positive legacy in the community—one greater than the project itself. Using a comprehensive toolkit and applied experiences, the CESP team finds opportunities between the needs of a project and the capacities of the host community. The result is a roadmap for sustainable economic and social growth and development for communities, our clients, and their stakeholders.
The CESP team in South America has been working with Vale on the Onça Puma project to ensure that the local community is actively engaged, effort that now materialize in this partnership, which will contribute to one of Vale’s more strategic ESG goals.
For more information on Vale’s Partilhar Program, please visit https://vale.com/programa-partilhar.