Over the past two weeks, hundreds of major corporations with substantial ties to Russia have withdrawn from the country amid its devastating invasion of Ukraine. The mass exodus is a marked departure from what is generally Corporate America's tepid response to calls for divestment on the basis of human rights matters.
From Credit Suisse and BP to UPS and Activision Blizzard, companies all across the industrial spectrum have halted Russian exports and capital investments, a move that follows suit with the rash of stiff U.S. sanctions imposed on the country's energy and financial sectors. Others like Adidas, Coca-Cola, and Mcdonald's have shuttered hundreds of Russia-based offices, stores, and manufacturing plants despite what will likely amount to billions of dollars in financial losses.
