Coalition
for
Ukraine
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 December 5, 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!
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LIST OF COMPANIES
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| Company | Headquarters | Action | |
|---|---|---|---|
 | Accor HQ: FranceTravel | March 24: Continued operations in Russia (57 hotels and 3,500 employees). Halting 5 new development projects. | |
 | Air Liquide S.A. HQ: FranceIndustrial | September 2: Withdrawing from Russia (720 employees in Russia, <1% of groups turnover) Listed on: Forbes Global 2000 | |
 | Alstom HQ: FranceIndustrial | 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 | |
 | Atos HQ: FranceTech | September 15: Exited Russian market through sale of operations Listed on: Forbes Global 2000 | |
 | Auchan HQ: FranceRetail | March 12: Announced it will stay in Russia. Auchan Retail employs 41,000 people at 231 stores in Russia. | |
 | Axa HQ: FranceFinance | 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 | |
 | Axa IM HQ: FranceFinance | March 27: Divesting from Russian sovereign and government-related debt. Suspended new investments in Russian Listed on: Forbes Global 2000 | |
 | BlaBlaCar HQ: FranceTransportation | March 10: Continues business activity in Russia. Ended its investments in Russia, stopped all financial flow between headquarters and subsidiary in Russia (100 employees) | |
 | BNP Paribas HQ: FranceFinance | 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 | |
 | Boiron HQ: FranceMedical | April 13: Boiron froze its investments, stopped advertising campaigns, canceled new product launches and stopped its clinical trial activities. | |
 | Bonduelle HQ: FranceFood | March 17: Continues to operate in Russia. Three factories in Russia produce foods for 146 million Russians (1000 employees) | |
 | Bonduelle HQ: FranceFood | March 17: Continues to operate in Russia. Three factories in Russia produce foods for 146 million Russians (1000 employees) | |
 | Bureau Veritas HQ: FranceServices | 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 | |
 | Camille Albane (Dessange International) HQ: FranceServices | No statement regarding Russian operations. Operates 10 salons in Russia | |
 | Carrefour HQ: FranceRetail | 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 | |
 | CMA-CGM HQ: FranceTransportation Logistics | January 5: Completed its withdrawal from the Russian market by divesting stakes in terminals | |
 | Credit Agricole HQ: FranceFinance | January 13: Stopped all new financing for russian companies and all commercial activity in the country Listed on: Forbes Global 2000 | |
 | Danone HQ: FranceFood | 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) | |
 | Dassault Aviation HQ: FranceAircraft Aerospace | ||
 | Decathlon HQ: FranceRetail | March 29: Negotiating the sale of its Russian assets. Suspended operations of its stores in Russia. (60 Stores, 2500 employees) | |
 | Deezer HQ: FranceMedia Entertainment | March 14: Suspended operations in Russia | |
 | DPD (La Poste) HQ: FranceTransportation Logistics | May 11: Withdrawing from the Russian market through ownership transfer | |
 | ENGIE HQ: FranceEnergy | 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 | |
 | Eutelsat HQ: FranceAerospace | December 22: Ended all involvement in the broadcast of three channels, Rossiya One, Pervyi Kanal and NTV | |
 | FATF HQ: FranceAssociation | ||
 | Faurecia HQ: FranceAutomotive | March 21: Left the Russian market (six production sites in the country: three in Tolyatti, one each in St. Petersburg, Kaluga and Luga) | |
 | Geodis HQ: FranceTransportation Logistics | March 15: Stopping its services to and from Russia and Belarus | |
 | Groupe BPCE HQ: FranceFinance | 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) | |
 | Groupe Le Duff HQ: FranceFood | No statement regarding Russian operations. Operates a number of restaurant locations in Russia | |
 | Groupe Limagrain HQ: FranceFood Industrial | Will continue to supply Russia with seed. Suspends the construction of a seed factory in Russia | |
 | Groupe Savencia HQ: FranceFood | March 8: Continues milk collection, cheese production and distribution activities in Russia | |
 | Groupe Seb HQ: FranceManufacturing Consumer goods | April 14: "Sharply" reducing its activities in Russia and suspending all investments (Industrial plant in St. Petersburg) Listed on: Forbes Global 2000 | |
 | Hermes HQ: FranceClothing Retail Luxury | March 4: Closed all boutiqes in Russia | |
 | ID Logistics HQ: FranceLogistics Industrial | ||
 | Jacques Dessange (Dessange International) HQ: FranceServices | No statement on Russian operations. Operates 12 salons in Russia | |
 | Jean-Louis David (Provalliance) HQ: FranceServices | ||
 | Kuhn SAS HQ: FranceIndustrial Manufacturing | ||
 | L'Occitane HQ: FranceRetail | May 19: Divested its business in Russia to local management | |
 | L'Oreal HQ: FranceRetail | 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) | |
 | La Redoute HQ: FranceRetail Clothing | No statement on Russian operations. Office in Moscow | |
 | Laboratoire Servier HQ: FranceMedicine | March 28: Suspended spending not related to "essential" medicines, new clinical trials, new investments (around 1200 employees) | |
 | Lacoste HQ: FranceRetail Clothing | June 16: No statement regarding Russia operations. Stores remain open across Russia | |
 | LACTALIS HQ: FranceFood | October 14: Continues to produce and sell products in Russia. (4 factories, 1500 employees) | |
 | Legrand HQ: FranceIndustrial | January 25: Reviewing options regarding selling Russian assets (21 Representative offices in Russian cities, 2 factories in Ulyanovsk region) Listed on: Forbes Global 2000 | |
 | Leroy Merlin HQ: FranceRetail Consumer goods | March 24: Transferred control of Leroy Merlin to local management in Russia (112 stores ,36,000 employees) | |
 | Louis Dreyfus HQ: FranceFood | March 4: Ceased grain exports from Russia as of July 1, 2023 | |
 | LVMH HQ: FranceClothing Retail Luxury | ||
 | Michelin HQ: FranceAutomotive Tires | May 26: Sold its Russian subsidiaries to Power International Tires LLC Listed on: Forbes Global 2000 World's Most Admired Companies (Fortune) | |
 | Michelin Guide HQ: FranceTravel 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) | |
 | Mod's Hair HQ: FranceServices |
COALITION
FOR
UKRAINE
HOW YOU CAN HELP
REPORT
Do you know a company still operating in Russia?
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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.
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