
Despite a global boycott of Russia and an international condemnation of the Kremlin’s actions against Ukraine, some multinationals have dismissed demands to exit or scale down their presence in Russia for various reasons and choosing to continue business-as-usual.
The conflict between Russia and Ukraine has dragged on for two months now since Russia started invading Ukraine on Feb. 24. The crisis has led to elevated commodity prices globally, particularly of oil, supply chain disruptions, food shortages and environmental impacts on Ukraine’s air, water and soil.