Coalition
for
Ukraine
A personal note:
I'm a tech entrepreneur and concerned citizen trying to support Ukraine. I hope to rally suppport for companies pulling out of Russia, and add pressure on those that still remain, by providing you info to share in social media. Thank you for your support! - Alex Algard
CORPORATIONS SUPPORTING UKRAINE:
An Accounting of Who's Pulling Out and Who's Continuing Business With Russia
The brutal Russian invasion of Ukraine is being fought on many fronts, including the economic front. Corporations have made various announcements regarding Ukraine and Russia, but what are their actual actions to help prevent more bloodshed? As of November 23, we are tracking 1217 companies, of which 953 are pulling out of Russia, and 264 holdouts (highlighted in red) are mostly continuing to do business as usual in Russia. Review the list, take action (here and directly), tweet and share!
SHOW YOUR SUPPORT | DEMAND ACTION
LIST OF COMPANIES
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| Company | Headquarters | Action | |
|---|---|---|---|
 | Alibaba HQ: ChinaTech | March 5: All transactions and deliveries are working as normal and will continue to do so ($160 million profit in Russia in 2022) Listed on: Forbes Global 2000 World's Most Admired Companies (Fortune) | |
 | ANT Group HQ: ChinaTech Finance | No statement regarding Russia operations. Operates in Russia through a joint venture with Mail.ru Group, Russian sovereign wealth fund RDIF, the USM holding company and Megafon | |
 | Asian Infrastructure Investment Bank HQ: ChinaFinance | March 3: Pausing and reviewing activities relating to Russia and Belarus. | |
 | Bank of China HQ: ChinaFinance | ||
 | China Construction Bank HQ: ChinaFinance | ||
 | China Life Insurance Company HQ: ChinaFinance | March 4: Will continue to operate in Russia. China has said it will continue to have normal trade and economic relationship with Russia | |
 | China Minmetals HQ: ChinaCommodities Industrial | ||
 | China National Petroleum Corporation HQ: ChinaEnergy | September 7: No statement regarding operations in Russia. Agreed to use Roubles and Yuan for gas payments with Gazprom Listed on: Forbes Global 2000 | |
 | China Vanke HQ: ChinaReal estate | ||
 | COSCO HQ: ChinaLogistics Transportation | ||
 | Didi Global HQ: ChinaTech Transportation | March 6: Still in Russia to "continue to serve drivers and passengers in the future”. Announced exit from Russia on February 21 2022, but has since reversed that decision | |
 | DJI HQ: ChinaTech Consumer Electronics | May 19: Temporarily suspended all business activity in Russia and Ukraine. DJI drones are allegedly being used by the Russian military- new book written by Baluyevsky (Russian army general) states that the the DJI Mavic drone specifically has had a "revolutionary" impact on warfare | |
 | FAW Group HQ: ChinaAutomotive Manufacturing | ||
 | Honor HQ: ChinaConsumer goods | June 30: Reports state Honor stopped shipments to Russia over fears of secondary sanctions (Operates 11 stores in Russia) | |
 | Huawei HQ: ChinaElectronics Telecom Consumer goods | April 1: No statement regarding Russian operations. Continues to sell its products on its website, recently posted job ads for work in its 4 Russian research facilities | |
 | ICBC HQ: ChinaFinance | ||
 | JD.com HQ: ChinaInternet Retail | No statement regarding Russian operations. Online store is still active in Russia Listed on: Forbes Global 2000 World's Most Admired Companies (Fortune) | |
 | Lenovo HQ: ChinaConsumer goods Electronics | May 6: No statement regarding Russia operations. Reportedly withdrawing from Russian market (18.5% market share in Russia) Listed on: Forbes Global 2000 World's Most Admired Companies (Fortune) | |
 | New Development Bank HQ: ChinaFinance | July 26: Halted transactions in Russia | |
 | Oppo HQ: ChinaTech Consumer goods Electronics | March 10: No statement regarding Russian operations. Cut smartphone shipments to Russia (Chinese brands comprise about 60 per cent of the Russian smartphone market) | |
 | SAIC Motor HQ: ChinaManufacturing Automotive | April 15: No statement regarding Russian operations. Exports its vehicles to Russia Listed on: Forbes Global 2000 | |
 | Samsonite International HQ: ChinaConsumer goods Retail | August 24: Sold its sold Russian division to its local management | |
 | Sinopec HQ: ChinaEnergy | September 1: Continues to operate joint ventures in Russia. Increased imports of oil Listed on: Forbes Global 2000 | |
 | Tencent HQ: ChinaTech Internet | March 3: No statement regarding Russian operations. Holds 7% of shares in VK (a russian social media service) Listed on: Forbes Global 2000 World's Most Admired Companies (Fortune) | |
 | UnionPay HQ: ChinaFinance | September 2: Suspended issuing bank cards to Russian Banks. Removed from its Russian-language website information about issuing its cards in Russian banks, which have recently been sanctioned | |
 | Vivo HQ: ChinaConsumer Electronics | April 19: Continues to operate in Russia. Vivo recorded triple-digit sales increases since war started | |
 | Wanhua Chemical Group HQ: ChinaChemicals | ||
 | Xiaomi HQ: ChinaTech Consumer goods Electronics | April 14: Continues to operate in Russia. Cut back shipments to Russia as the Ruble collapsed. Listed on: Forbes Global 2000 World's Most Admired Companies (Fortune) | |
 | Xibao Metallurgy Materials Group HQ: ChinaManufacturing Industrial |
COALITION
FOR
UKRAINE
HOW YOU CAN HELP
REPORT
Do you know a company still operating in Russia?
Anonymously (or not) provide us the details.
VOLUNTEER
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FAQ
Why does it matter whether or not companies pull out of Russia?
These companies want to be on the right side of history in the eyes of their customers, employees, and shareholders. Their actions absolutely matter and will make a difference. The Kremlin cannot win this economic war, and the oligarchs of Russia are now starting to openly speak up against Putin.
What are your data sources?
We rely on the most authoritative sources available online, including public announcements by corporations and online media sources as attributed in the "source" column.
How do you define "pulling out of Russia"? If a company is not shutting down 100% of Russian operations, what threshold do you use?
Most companies that are withdrawing from the Russian market are not shutting down 100% of their Russian operations. We try to ascertain how material the pullback is relative to the company's overall business within Russia, and if it is a significant reduction, then we will give the company credit for it. Conversely, if a company has announced that it is shutting a portion of its Russian business, but we have determined that the affected businesses is in fact a relatively small portion of the overall business, then we will still call attention to the company needing to do more.
Am I hurting the average Russian citizen by encouraging businesses to leave?
Russia’s unprovoked invasion of Ukraine can be repulsed on the ground and through economic pressure. In fact, if the ground war slows to a stalemate, the economic war is increasingly important. We believe the most helpful way for us to take action is to urgently encourage major businesses to cease business ties with Russia. This economic pressure will help expedite an end to the war.
Who created this website and why?
Alex Algard, a tech entrepreneur, created this website, and he provides ongoing support for a professional team of web development, research, and data entry staff. As a concerned citizen, he felt compelled to do something in support of Ukraine.
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