COALITION

FOR

UKRAINE

Coalition

for

Ukraine

alex-algard

A personal note:

I'm a tech entrepreneur and concerned citizen trying to support Ukraine. I hope to rally suppport for companies pulling out of Russia, and add pressure on those that still remain, by providing you info to share in social media. Thank you for your support! - Alex Algard

CORPORATIONS SUPPORTING UKRAINE:

An Accounting of Who's Pulling Out and Who's Continuing Business With Russia

The brutal Russian invasion of Ukraine is being fought on many fronts, including the economic front. Corporations have made various announcements regarding Ukraine and Russia, but what are their actual actions to help prevent more bloodshed? As of April 15, we are tracking 1217 companies, of which 953 are pulling out of Russia, and 264 holdouts (highlighted in red) are mostly continuing to do business as usual in Russia. Review the list, take action (here and directly), tweet and share!

SHOW YOUR SUPPORT | DEMAND ACTION
LIST OF COMPANIES
Categories
All
1217
Pulling Out
953
Holdouts
264

Accounting
9
Advertising
7
Aerospace
16
Aircraft
8
Architects
6
Association
17
Automotive
49
Beverages
39
Chemicals
25
Clothing
59
Commodities
16
Conglomerate
24
Consulting
20
Consumer
2
Consumer goods
79
Electronics
25
Energy
71
Engineering
1
Entertainment
16
Finance
97
Financial
1
Food
85
Industrial
157
Internet
41
Law
30
Logistics
22
Luxury
30
Manufacturing
121
Media
40
Medical
46
Medicine
1
Payments
13
Real Estate
15
Retail
100
Services
76
Sports
27
Tech
139
Telecom
10
Tires
7
Transportation
35
Travel
44
Video games
27
Headquarters

All

Australia

Austria

Azerbaijan

Belarus

Belgium

Bermuda

Brazil

Canada

China

Cyprus

Czech Republic

Czechia

Denmark

England

Estonia

Finland

France

Germany

Gibraltar

Greece

Greenland

Hungary

Iceland

India

Indonesia

Ireland

Israel

Italy

Japan

Kazakhstan

Latvia

Liechtenstein

Lithuania

Luxembourg

Malaysia

Malta

Mexico

Monaco

Netherlands

New Zealand

Norway

Pakistan

Panama

Poland

Portugal

Puerto Rico

Qatar

Romania

Serbia

Singapore

Slovenia

South Africa

South Korea

Spain

Sri Lanka

Sweden

Switzerland

Taiwan

Thailand

Turkey

UAE

UK

USA

Ukraine

Vietnam

CompanyHeadquartersAction
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Accor

HQ: France
Travel

March 24: Continued operations in Russia (57 hotels and 3,500 employees). Halting 5 new development projects.

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Air Liquide S.A.

HQ: France
Industrial

September 2: Withdrawing from Russia (720 employees in Russia, <1% of groups turnover)

Listed on: Forbes Global 2000

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Alstom

HQ: France
Industrial

July 13: Suspend all deliveries towards and all future business investments in Russia, Unable to sell 20% stake in Russian asset of JSC Transmashholding

Listed on: Forbes Global 2000

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Atos

HQ: France
Tech

September 15: Exited Russian market through sale of operations

Listed on: Forbes Global 2000

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Auchan

HQ: France
Retail

March 12: Announced it will stay in Russia. Auchan Retail employs 41,000 people at 231 stores in Russia.

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Axa

HQ: France
Finance

March 1: Stopped underwriting new insurance business in Russia. Removed its directors from Reso Garantia, a Russian insurance company partly owned by Axa

Listed on: Forbes Global 2000

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Axa IM

HQ: France
Finance

March 27: Divesting from Russian sovereign and government-related debt. Suspended new investments in Russian

Listed on: Forbes Global 2000

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BlaBlaCar

HQ: France
Transportation

March 10: Continues business activity in Russia. Ended its investments in Russia, stopped all financial flow between headquarters and subsidiary in Russia (100 employees)

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BNP Paribas

HQ: France
Finance

June 30: Set to liquidate suspended Europe Emerging Equity fund on 3 July. Informed its corporate clients in Russia that it would no longer process their transactions. Stopped all new business in Russia. (Exposure to Russia €1.3billion and less than 500 employees)

Listed on: Forbes Global 2000

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Boiron

HQ: France
Medical

April 13: Boiron froze its investments, stopped advertising campaigns, canceled new product launches and stopped its clinical trial activities.

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Bonduelle

HQ: France
Food

March 17: Continues to operate in Russia. Three factories in Russia produce foods for 146 million Russians (1000 employees)

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Bonduelle

HQ: France
Food

March 17: Continues to operate in Russia. Three factories in Russia produce foods for 146 million Russians (1000 employees)

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Bureau Veritas

HQ: France
Services

April 14: Significantly downsized its business in Russia- withdrawing vessels related to Russian interests, halting inspections of aircraft operated by Russian companies and decreasing its operations in the Oil and Gas sector

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Camille Albane (Dessange International)

HQ: France
Services

No statement regarding Russian operations. Operates 10 salons in Russia

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Carrefour

HQ: France
Retail

March 3: No statement regarding operations in Russia. Opened its first hypermarket in Russia in 2018 (450 employees). Stopped stocking Russia products in countries outside of Russia

Listed on: Forbes Global 2000

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CMA-CGM

HQ: France
Transportation
Logistics

January 5: Completed its withdrawal from the Russian market by divesting stakes in terminals

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Credit Agricole

HQ: France
Finance

January 13: Stopped all new financing for russian companies and all commercial activity in the country

Listed on: Forbes Global 2000

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Danone

HQ: France
Food

August 14: Initiated the process of transfering control of its Essential Dairy and Plant-based (EDP) business in Russia

Listed on: Forbes Global 2000 World's Most Admired Companies (Fortune)

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Dassault Aviation

HQ: France
Aircraft
Aerospace

March 4: Froze Falcon Deliveries

Listed on: Forbes Global 2000

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Decathlon

HQ: France
Retail

March 29: Negotiating the sale of its Russian assets. Suspended operations of its stores in Russia. (60 Stores, 2500 employees)

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Deezer

HQ: France
Media
Entertainment

March 14: Suspended operations in Russia

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DPD (La Poste)

HQ: France
Transportation
Logistics

May 11: Withdrawing from the Russian market through ownership transfer

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ENGIE

HQ: France
Energy

March 2: Will fulfill long-term contracts with Gazprom (20% of ENGIE’s overall gas sales and consumption worldwide). Does not engage in any industrial activity in Russia and no investment projects are underway

Listed on: Forbes Global 2000

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Eutelsat

HQ: France
Aerospace

December 22: Ended all involvement in the broadcast of three channels, Rossiya One, Pervyi Kanal and NTV

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FATF

HQ: France
Association

February 24: Suspended the membership of the Russian Federation. Russia will remain a member of the Global Network as an active member of the Eurasian Group on Combating Money Laundering (EAG) and retain its rights as an EAG member

SOURCES

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Faurecia

HQ: France
Automotive

March 21: Left the Russian market (six production sites in the country: three in Tolyatti, one each in St. Petersburg, Kaluga and Luga)

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Geodis

HQ: France
Transportation
Logistics

March 15: Stopping its services to and from Russia and Belarus

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Groupe BPCE

HQ: France
Finance

April 13: Continues to operate with a local team of 34 people, managing residual credit portfolios. Little exposure in Russia (788 million Euros, compared to global exposure of 889 billion Euros)

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Groupe Le Duff

HQ: France
Food

No statement regarding Russian operations. Operates a number of restaurant locations in Russia

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Groupe Limagrain

HQ: France
Food
Industrial

Will continue to supply Russia with seed. Suspends the construction of a seed factory in Russia

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Groupe Savencia

HQ: France
Food

March 8: Continues milk collection, cheese production and distribution activities in Russia

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Groupe Seb

HQ: France
Manufacturing
Consumer goods

April 14: "Sharply" reducing its activities in Russia and suspending all investments (Industrial plant in St. Petersburg)

Listed on: Forbes Global 2000

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Hermes

HQ: France
Clothing
Retail
Luxury

March 4: Closed all boutiqes in Russia

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ID Logistics

HQ: France
Logistics
Industrial

January 24: Finalised the transfer of its 8 active files in Russia to its customers or their partners (Sales in Russia represented 1% of the groups revenue)

SOURCES

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Jacques Dessange (Dessange International)

HQ: France
Services

No statement on Russian operations. Operates 12 salons in Russia

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Jean-Louis David (Provalliance)

HQ: France
Services

No statement regarding Russian operations. Operates 5 salons in Moscow

SOURCES

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Kuhn SAS

HQ: France
Industrial
Manufacturing

No statement regarding Russian operations. Operates a Russian subsidiary in Russia and distributes products to a network of dealers

SOURCES

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L'Occitane

HQ: France
Retail

May 19: Divested its business in Russia to local management

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L'Oreal

HQ: France
Retail

February 12: Reportedly continues to operate in Russia despite temporarily closing its stores in Russia and suspending investments

Listed on: Forbes Global 2000 World's Most Ethical Companies (Ethisphere)

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La Redoute

HQ: France
Retail
Clothing

No statement on Russian operations. Office in Moscow

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Laboratoire Servier

HQ: France
Medicine

March 28: Suspended spending not related to "essential" medicines, new clinical trials, new investments (around 1200 employees)

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Lacoste

HQ: France
Retail
Clothing

June 16: No statement regarding Russia operations. Stores remain open across Russia

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LACTALIS

HQ: France
Food

October 14: Continues to produce and sell products in Russia. (4 factories, 1500 employees)

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Legrand

HQ: France
Industrial

January 25: Reviewing options regarding selling Russian assets (21 Representative offices in Russian cities, 2 factories in Ulyanovsk region)

Listed on: Forbes Global 2000

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Leroy Merlin

HQ: France
Retail
Consumer goods

March 24: Transferred control of Leroy Merlin to local management in Russia (112 stores ,36,000 employees)

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Louis Dreyfus

HQ: France
Food

March 4: Ceased grain exports from Russia as of July 1, 2023

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LVMH

HQ: France
Clothing
Retail
Luxury

March 4: Temporarily closes 124 stores in Russia

Listed on: Forbes Global 2000

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Michelin

HQ: France
Automotive
Tires

May 26: Sold its Russian subsidiaries to Power International Tires LLC

Listed on: Forbes Global 2000 World's Most Admired Companies (Fortune)

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Michelin Guide

HQ: France
Travel
Entertainment
Luxury

March 4: Suspended all restaurant recommendations activities in Russia (69 Moscow restaurants w Michelin stars)

Listed on: Forbes Global 2000 World's Most Admired Companies (Fortune)

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Mod's Hair

HQ: France
Services

No statement regarding Russian operations. Salons in Russia remain open

SOURCES

Rows

1–50 of 69

COALITION

FOR

UKRAINE

HOW YOU CAN HELP

REPORT

Do you know a company still operating in Russia?

Anonymously (or not) provide us the details.

VOLUNTEER

Can you donate some time to the cause?

Please fill out the form below with how you can help.

FAQ

Why does it matter whether or not companies pull out of Russia?

These companies want to be on the right side of history in the eyes of their customers, employees, and shareholders. Their actions absolutely matter and will make a difference. The Kremlin cannot win this economic war, and the oligarchs of Russia are now starting to openly speak up against Putin.

What are your data sources?

We rely on the most authoritative sources available online, including public announcements by corporations and online media sources as attributed in the "source" column.

How do you define "pulling out of Russia"? If a company is not shutting down 100% of Russian operations, what threshold do you use?

Most companies that are withdrawing from the Russian market are not shutting down 100% of their Russian operations. We try to ascertain how material the pullback is relative to the company's overall business within Russia, and if it is a significant reduction, then we will give the company credit for it. Conversely, if a company has announced that it is shutting a portion of its Russian business, but we have determined that the affected businesses is in fact a relatively small portion of the overall business, then we will still call attention to the company needing to do more.

Am I hurting the average Russian citizen by encouraging businesses to leave?

Russia’s unprovoked invasion of Ukraine can be repulsed on the ground and through economic pressure. In fact, if the ground war slows to a stalemate, the economic war is increasingly important. We believe the most helpful way for us to take action is to urgently encourage major businesses to cease business ties with Russia. This economic pressure will help expedite an end to the war.

Who created this website and why?

Alex Algard, a tech entrepreneur, created this website, and he provides ongoing support for a professional team of web development, research, and data entry staff. As a concerned citizen, he felt compelled to do something in support of Ukraine.

Alex can be found online here: Twitter, LinkedIn, Instagram

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