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Investigation report for Socfin subsidiary Liberian Agricultural Company (LAC)
Investigation report for Socfin subsidiary Liberian Agricultural Company (LAC)
News Jul 24, 2024

Investigation report for Socfin subsidiary Liberian Agricultural Company (LAC)

We continue to support our Member, Socfin, in their commitment to sustainable and responsible management. As part of this effort, we have conducted field investigations to address environmental and social grievances against the Liberian Agricultural Company (LAC), a subsidiary of Socfin.

Download the Investigation Report

We invite you to read the report of this field investigation. The documents include our findings, progress assessments, and recommendations for future improvements.

Download the Liberian Agricultural Company (LAC) Investigation Report

While it has taken some time to finalise this report, we note that Socfin has already started implementing some recommendations. As for the previous reports, Socfin will publish an action plan for how they will respond to the findings.

PROGRESS AND FUTURE REPORTS

Our investigations are part of a broader initiative that includes multiple phases:

  • Phase 1 (March to June 2023): Focused on Salala Rubber Corporation (SRC) in Liberia and SOCAPALM Dibombari in Cameroon.
  • Phase 2 (Starting August 2023): Expanded to include SAFACAM and SOCAPALM (Edéa, Mbongo & Mbambou) in Cameroon, LAC in Liberia, SAC in Sierra Leone, OKOMU in Nigeria, and Socfin-KCD and Coviphama in Cambodia.

The field investigations for phase 2 are now complete, and many of the reports have been published. We are finalising the reports for the investigations done in SOCAPALM (Edéa, Mbongo & Mbambou) in Cameroon and Socfin-KCD and Coviphama in Cambodia. We aim to publish these over the summer. Once the reports are published, Socfin will publish action plans for each site investigated. This approach aligns with our joint commitment to transparency and continuous improvement.

For more information, please contact: socfin.investigation@earthworm.org

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