While we have saluted the historic courage of 1,000+ global multinational corporations which fully exited Russia, we need to once again explicitly call out 400 major multinationals that continue to do business in the country, generating hundreds of billions of dollars in support of Putin’s mass slaughter in his assault on a peaceful neighbor 18 months into the conflict.
Since the beginning of Russia’s invasion of Ukraine, we have been carefully tracking and updating our publicly available, highly publicized list of companies exiting Russia on a daily basis. In fact, many have credited our list with helping to catalyze these exits, the largest exodus of global enterprises in world history. President Biden has cited the corporate exodus in media interviews as well as in private conversations with foreign leaders. Most importantly, these major corporate exits have badly crippled Putin’s economy, which limps along by cannibalizing its state-controlled enterprises, as well as the ongoing operations of over 400 feckless major multinationals.
