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Big brands’ Russia exodus highlights mixed record on war, rights

2022-03-09 10:48:18       source:The Aljazeera

March 9, 2022


As Russia faces unprecedented sanctions following its invasion of Ukraine, an equally extraordinary number of corporations are pulling out of the country – often going above and beyond what is required by law.


From Shell, Exxon, Boeing and Airbus, to Apple, Disney, TikTok, McDonald’s and Starbucks, top brands and industry leaders are suspending their operations in Russia or making plans to wind down ongoing business operations.


Even global consulting firm McKinsey, which has not shied away from working with controversial clients including Saudi Arabia and OxyContin-maker Purdue Pharma, said late last week it would cut ties with the Russian government and state-owned entities. McKinsey’s statement followed similar moves by competitors, including Boston Consulting Group and Accenture PLC.


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https://www.aljazeera.com/economy/2022/3/9/from-mcdonalds-to-tiktok-why-are-big-brands-bailing-on-russia