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 May 25, 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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ABB

HQ: Switzerland
Industrial
Tech

July 21: Exiting Russia after suspending the intake of new orders (750 employees, 2 production sites, 1-2% of ABB revenues)

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

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Acronis

HQ: Switzerland
Tech

March 4: Suspended operations in Russia

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Amcor

HQ: Switzerland
Manufacturing

December 23: Sold all of its factories in Russia (Russian factories generated 2% to 3% of total Amcor sales)

Listed on: Forbes Global 2000

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Barry Callebaut

HQ: Switzerland
Food
Manufacturing
Consumer goods

April 13: Continuing production in Russia with its 3 factories in Russia (500 employees)

Listed on: Forbes Global 2000

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Bucher Industries

HQ: Switzerland
Automotive
Industrial
Services

April 28: Operates a number of production sites throughout the country. Reduced business activities in Russia "substantially"

SOURCES

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CERN

HQ: Switzerland
Association

June 17: Terminated cooperation agreements with Russia at expiration dates of 2024. Suspended Russian observer status, will no engage in new collaborations with the Russian Federation

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Chopard

HQ: Switzerland
Consumer goods

March 31: Ceased the purchase of newly mined diamonds from Russian sanctioned entities

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Credit Suisse

HQ: Switzerland
Finance

August 15: UBS stopped new business in Russia while cutting exposure by 56%

Listed on: Forbes Global 2000

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Egon Zehnder

HQ: Switzerland
Consulting

March 2: Began the process of stopping operations in Russia. Refusing any assignments from individuals or entities designated under international sanctions. Also refusing assignments from sanctioned entities in other offices (permitted under sanctions)

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EMS-Chemie

HQ: Switzerland
Chemicals
Industrial

February 19: Still active in Russia - operation of the two plants has been severely interrupted, with employees carrying out maintenance work (60 employees)

Listed on: Forbes Global 2000

SOURCES

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Eurovision

HQ: Switzerland
Media
Entertainment

February 25: No participation of Russia in the Eurovision Song Contest 2022 and 2023

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FIDE

HQ: Switzerland
Association

March 23: Russian players compete under a neutral flag. Suspended the Russian national team from participation in official FIDE chess tournaments

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FIFA

HQ: Switzerland
Sports

March 1: Banned Russia from competitions

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Geberit

HQ: Switzerland
Industrial

March 25: Discontinued all business activities in Russia (70 employees)

Listed on: Forbes Global 2000

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Georg Fischer

HQ: Switzerland
Industrial
Manufacturing

February 27: Ended its trading operations in Russia. Closed its representative office in Moscow

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Glencore

HQ: Switzerland
Commodities

March 16: Continuing to operate in Russia out of its St. Petersburg marketing office. Will not renew deal $16bn deal to buy aluminium from Rusal (Equity stakes in En+ Group (~$645 million) and Rosneft (~$183 million))

Listed on: Forbes Global 2000

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Holcim

HQ: Switzerland
Industrial
Manufacturing

December 14: Exited Russian marked by selling Russian business to local management. Suspended new capital investments

Listed on: Forbes Global 2000

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International Baccalaureate Organization

HQ: Switzerland
Association

April 27: Hosting May 2022 workshops with Moscow City University

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International Canoe Federation

HQ: Switzerland
Sports

April 30: Allows Russians to participate under a neutral flag. Plans to implement IOC'S recommendations and move 3 events from Russia scheduled to take place in 2022

SOURCES

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International Cycling Union

HQ: Switzerland
Sports

March 1: Russian and Belarusian national teams are banned from events

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International Ice Hockey Federation

HQ: Switzerland
Sports

March 23: Suspended all Russian and Belarusian national teams and clubs

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International Skating Union

HQ: Switzerland
Sports

June 11: Skaters and officials from Russia and Belarus were banned from participatiing in ISU events

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International Weightlifting Federation

HQ: Switzerland
Sports

March 3: Suspended participation of all atheletes from Russia and Belarus

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IOC

HQ: Switzerland
Sports

February 28: Russian and Belarusian teams are not invited to 2024 olympics in Paris. Russian individuals may compete under neutral flag

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Julius Baer

HQ: Switzerland
Finance

July 25: Plans to end business with Russia based clients. Halted all new business in Russia, reduced its local activities (Operates out of office in Moscow)

Listed on: Forbes Global 2000

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Kuehne + Nagel AG

HQ: Switzerland
Transportation
Logistics

August 5: Sold its business in Russia to local management

Listed on: Forbes Global 2000

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Liebherr

HQ: Switzerland
Manufacturing

March 3: Continuing operations in Russia. Currently implementing extensive sanction measures but "too early to make concrete statements" on impact on Russia business

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Lindt

HQ: Switzerland
Food
Retail

August 16: Exiting the Russian market after temporarily closing all shops and suspending all deliveries (8 shops, 125 employees)

Listed on: Forbes Global 2000

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Logitech

HQ: Switzerland
Tech

August 29: Exited Russian market afterTemporarily paused shipments to Russia

Listed on: Forbes Global 2000

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Mettler Toledo

HQ: Switzerland
Industrial
Manufacturing

March 17: Suspended all shipments to Russia. (The company does not have manufacturing in Russia)

Listed on: Forbes Global 2000

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MSC

HQ: Switzerland
Transportation
Logistics

February 28: Retains strong presence in Russian trade

SOURCES

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Nestle

HQ: Switzerland
Food
Beverages

March 23: Suspended renowned Nestlé brands such as KitKat and Nesquik and others. Halted non-essential imports and exports into and out of Russia, stopped all advertising, and suspended all capital investment in the country. (7,000 employees in Russia)

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

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Novartis

HQ: Switzerland
Medical

March 22: Halted new investments and marketing activity in Ukraine and Russia, but continuing sales in Russia.

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

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Oriflame Cosmetics

HQ: Switzerland
Consumer goods

March 12: Suspend online sales. Suspending investments, marketing, training and events in Russia - market accounts for 16% of global sales (1000 employees)

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Richemont

HQ: Switzerland
Consumer goods
Luxury

May 20: Suspended operations

Listed on: Forbes Global 2000

SOURCES

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Roche

HQ: Switzerland
Medical

March 29: Paused new clinical trials in Ukraine and Russia. Continued sales of essential medicines in Russia. (800 sales staff)

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

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Rolex

HQ: Switzerland
Consumer goods
Luxury

March 9: Suspended exports to Russia

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Sportradar

HQ: Switzerland
Sports
Services

March 30: Suspended of all new investments in Russia, including signing new customers

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Swatch

HQ: Switzerland
Consumer goods

March 8: Suspended retail operations (51 stores in Russia, Russia accounted for ~1% of group sales. Very little supply sourcing from Russia)

Listed on: Forbes Global 2000

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SWISS KRONO

HQ: Switzerland
Manufacturing
Commodities

April 24: No statement regarding Russian operations. Operates in Russia via its subsidiary OOO SWISS KRONO (Office in the Sharya) Kostroma region)

SOURCES

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Syngenta

HQ: Switzerland
Food
Chemicals

March 21: Continues to supply seeds and chemicals to Russian farmers

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Tetra Pak

HQ: Switzerland
Food

July 26: Exiting its remaining operations in Russia. Previously suspended all new investments in Russia and reduced production.

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The International Labour Organization

HQ: Switzerland
Association

March 23: Suspending technical cooperation assistance to Russia, considering relocation of its Decent Work Technical Support Team and Country Office to an area outside of the Russian Federation

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Transgourmet (Coop Group)

HQ: Switzerland
Retail

March 25: Completely withdrawing from its business operations in Russia

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UBS

HQ: Switzerland
Finance

August 15: Shut down its Russia-related operations. Russian court bans UBS, Credit Suisse from subsidiary disposals

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

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UEFA

HQ: Switzerland
Sports

February 28: All Russian clubs and national teams are suspended from participation in both FIFA and UEFA

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Veeam

HQ: Switzerland
Tech

May 23: Reportedly continuing operations in Russia despite claiming to pause all sales in Russia

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Vitol

HQ: Switzerland
Commodities
Energy

February 19: Exploiting a “loophole” in the EU sanctions regime to bring products derived from Russian oil into Europe, despite signaling intention to cease trading Russian origin crude oil in March 2022

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World Rowing Federation

HQ: Switzerland
Sports

June 7: Only allowing Russian and Belarusian athletes to participate in international competitions if they meet strict participation requirements (background check to ensure they are not associated with, or publicly supporting, the war in Ukraine in any form)

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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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