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 December 4, 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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Bajaj Auto

HQ: India
Automotive

March 2: Continues to operate in Russia- "The direct impact of the ongoing war between Ukraine and Russia is absolutely minimal."

Listed on: Forbes Global 2000

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Bharat Petroleum

HQ: India
Energy

June 23: Continues to buy oil from Russia

Listed on: Forbes Global 2000

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Coal India

HQ: India
Industrial
Commodities

June 17: No statement regarding Russian operations. Continues to import coal from Russia

Listed on: Forbes Global 2000

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Hindustan Petroleum

HQ: India
Energy

February 21: Bought 2 million barrels of Russian Urals crude for loading in May 2022

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Indian Oil Corporation

HQ: India
Energy

June 18: Continues to ramp up Russian imports of oil

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Infosys

HQ: India
Tech

November 4: Reports suggest Infosis is still operating in Russia despite announcing shut down

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

SOURCES

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Kotak Mahindra Bank

HQ: India
Finance

March 23: Denied financial transactions in or to Russia using cards on the Mastercard or Visa network

Listed on: Forbes Global 2000

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Larsen & Toubro

HQ: India
Conglomerate

No statement regarding Russian operations. Previously partnered with Russia to upgrade and refit Russian submarines (Office in Moscow)

Listed on: Forbes Global 2000

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MakeMyTrip

HQ: India
Travel
Internet

March 2: No statement made regarding Russian operations. Continues to offer holiday packages to Russia from all destinations

SOURCES

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MRPL

HQ: India
Energy

April 4: Continues to buy Russian oil. Recently bought 1 million barrels of Russian Urals crude for May loading

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Nayara

HQ: India
Energy

March 24: Continues to buy Russian oil. Recently bought 1.8 million barrels of Urals from trader Trafigura

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NTPC

HQ: India
Industrial

April 16: Russian entities are involved in its new 2,000-megawatt project. NTPC depends on Russian entities for materials

Listed on: Forbes Global 2000

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ONGC

HQ: India
Energy

March 28: Continues to sell Russian Sokol oil to Indian refiners

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Sun Pharma

HQ: India
Medical

April 23: Significant presence in Russia- Owns Russian drugmaker Biosintez, Present in ove 50 cities in Russia

Listed on: Forbes Global 2000

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Tata Power

HQ: India
Energy

April 20: Have either merged or sold their businesses outside India

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Tata Steel

HQ: India
Industrial
Commodities

April 21: Stopped doing business with Russia

Listed on: Forbes Global 2000

Rows

1–16 of 16

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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