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Library CAO ASSESSMENT REPORT Regarding Concerns in Relation to IFC’s Investment in Salala Rubber Corporation

CAO ASSESSMENT REPORT Regarding Concerns in Relation to IFC’s Investment in Salala Rubber Corporation

CAO ASSESSMENT REPORT Regarding Concerns in Relation to IFC’s Investment in Salala Rubber Corporation
-01/Margibi and Bong (IFC Project #26510) in Liberia

Resource information

Date of publication
februari 2020
Resource Language
Pages
20

In May 2019, a complaint was lodged with CAO by members of 22 communities from the Margibi and Bong Counties in Liberia (the “Complainants”), supported by the NGOs Green Advocates International (GAI), Alliance for Rural Democracy (ARD), Natural Resource Women Platform (NRWP), and the Yeagbamah National Congress for Human Rights (YNCHR) (hereafter referred to collectively as the “Salala Affected Indigenous Communities Support Organizations”). The complaint raises concerns related to the operations of Salala Rubber Corporation (SRC or the “Company”), which is one of Liberia’s largest rubber-producing and processing companies, located in Margibi County (together, SRC and the Complainants will be referred to as “the Parties”). In June 2019, CAO determined that the complaint met its eligibility criteria and conducted an assessment, during which the Complainants expressed an interest in engaging in a dispute-resolution process convened by CAO, while the Company decided to have the case referred to CAO’s Compliance function for appraisal of IFC’s role. In keeping with CAO’s Operational Guidelines, the complaint will now be handled by CAO’s Compliance function. This assessment report provides an overview of the assessment process, including a description of the project, the complaint, the assessment methodology, and the next steps.

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