The US Securities and Exchange Commission (SEC) brought a 76-page complaint in federal district court against Vale, S.A., a Brazilian mining company, alleging that Vale “ma false and misleading claims about the safety of its dams.” Significantly, Vale “regularly misled local governments, communities, and investors about the safety of the Brumadinho dam through its environmental, social, and governance (ESG) disclosures.”
Lesley BoothMay 7, 2022