March 9, 2022
Since Putin’s devastating invasion of Ukraine began, over 330 companies have announced their withdrawal from Russia in protest.
Nevertheless, some western companies have continued to operate in Russia undeterred; we identify several dozen companies with particularly significant exposure to Russian markets. In the days since we initially published our list, many of the “remain” companies have responded to public backlash and decided to withdraw, and we are continuously revising our list to reflect these decisions as they are made.
The full, current list of companies that have curtailed operations in Russia as well as those that remain, as of March 9, can be seen below.
Some very big names like Baker Hughes, Cargill, Citi, Halliburton, Marriott, Burger King, Schlumberger, and Subway have not withdrawn from Russia.