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The allegations against a billionaire's rubber company
Posted
April 17, 2025
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1,121
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April 17, 2025
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1:56Now PlayingOn this week’s Big Take podcast, we talk about an investigation into the rubber and palm oil company Socfin – and why a new EU law could bring reforms.
For years, a rubber and palm oil company that supplies some of the world’s top tiremakers has been dogged by allegations of sexual coercion at its plantations. Socfin — short for Société Financière des Caoutchoucs — says it has taken steps to improve matters, but an exclusive Bloomberg report shows those claims remain widespread.
On today’s Big Take podcast, host Sarah Holder sits down with Bloomberg’s Sheridan Prasso to discuss her investigation into why the abuse has been so hard to stop — and a new EU law that could give corporations like Socfin a big incentive to reform.
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