SOCFIN

The Swiss association of the largest public pension funds, has decided to exclude shares in the French group Bolloré SE. The exclusion is justified by “potential human rights violations in Liberia, Cambodia and Sierra Leone”.

L'association suisse des plus grandes caisses publiques de retraite a décidé d'exclure les actions du groupe français Bolloré SE "à la suite de violations potentielles des droits humains en Libéria, Cambodge et Sierra Leone".

Belgian businessman Hubert Fabri and Vincent Bolloré's group want to take total control of Socfin by acquiring all the shares in the Luxembourg multinational, which is regularly accused of human rights violations.

L’homme d’affaires belge Hubert Fabri et le groupe de Vincent Bolloré veulent s’arroger le contrôle total de Socfin en acquérant toutes les parts de la multinationale luxembourgeoise, régulièrement accusée de violation des droits humains

Contre-rapport de la SYNAPARCAM en réponse à une evaluation faite par Earthworm Foundation pour le compte de SOCFIN au Cameroun

For villagers whose ancestral lands have been lost to the expansive reach of Socapalm’s plantations, the passage of time has failed to bring about the restitution they so desperately seek.

Na verschillende terreinbezoeken aan plantages in Liberia en Kameroen, hebben onderzoekers aantijgingen bevestigd van seksuele intimidatie, oneigenlijk grondgebruik en oneerlijke wervingspraktijken aan het adres van het Belgisch-Luxemburgs palmoliebedrijf Socfin.

Earthworm Foundation visited the plantations run by Socfin’s subsidiaries, one in Liberia and the other in Cameroon, where communities and local and international organizations had raised serious allegations of sexual harassment, land grabs, pollution and unfair labor practices.

Socfin agrees that more needs to be done to further "reduce" communities' "concerns" and that some serious issues need immediate action

Tensions between local communities and large-scale agriculture companies are running high in Cameroon and disputes over land and environmental impacts have increased over the years.

The accusation from Salala Rubber Corporation's affected communities comes as the IFC stands accused of ignoring past complaints against the corporation, which include land grabs, water pollution, and harassment.

A grievance assessment mission commissioned by Belgian oil palm and rubber company Socfin has been rejected by communities affected by the company’s operations in several African and Asian countries.