Stop Doing Business with Russia

Sanctions are not going to be enough. You need to have a major international response, where governments decide on their own accord that they can’t do business with Russia for a period of time until this is resolved. We need a temporary suspension of business activity with Russia. Just as we wouldn’t be having a full-blown diplomatic negotiation for anything but a ceasefire and withdrawal while Ukraine is still being actively invaded, so it’s the same thing with business. Right now you’re fueling the invasion of Ukraine. So what we need is a suspension of business activity with Russia until Moscow ceases hostilities and withdraws its troops.

Fiona Hill – Former Senior Director for Europe and Russia at the United States National Security Council

Last week, as the news of a general boycott of Russia broke, I started to keep track as the stories came out announcing which company was cutting off ties. As this table grew longer, I found it necessary to break things up into categories. I’ve stored all the headlines in a Notion table so you can click on any of the buttons below if you’re interested in just one industry. The running list is at the bottom of the page.

Who’s Left? Here’s a partial list of companies with “significant exposure” compiled by researchers at Yale University.

The Running List

• Abbott Labs
• Amgen
• Avaya
• Ferragamo
• Giorgio Armani
• Hilton (29 locations in Russia)
• Kimberly-Clark (3% of revenue from Russia, or approximately $600 million)
• Marriott (at least 10 locations in Russia)
• Mars (over $2 billion invested in Russia)
• Match.com & Tinder
• Riot Games
• Valve
• Whirlpool