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 | |
|---|---|---|---|
 | Bajaj Auto HQ: IndiaAutomotive | March 2: Continues to operate in Russia- "The direct impact of the ongoing war between Ukraine and Russia is absolutely minimal." Listed on: Forbes Global 2000 | |
 | Bharat Petroleum HQ: IndiaEnergy | ||
 | Coal India HQ: IndiaIndustrial Commodities | June 17: No statement regarding Russian operations. Continues to import coal from Russia Listed on: Forbes Global 2000 | |
 | Hindustan Petroleum HQ: IndiaEnergy | February 21: Bought 2 million barrels of Russian Urals crude for loading in May 2022 | |
 | Indian Oil Corporation HQ: IndiaEnergy | June 18: Continues to ramp up Russian imports of oil | |
 | Infosys HQ: IndiaTech | ||
 | Kotak Mahindra Bank HQ: IndiaFinance | March 23: Denied financial transactions in or to Russia using cards on the Mastercard or Visa network Listed on: Forbes Global 2000 | |
 | Larsen & Toubro HQ: IndiaConglomerate | No statement regarding Russian operations. Previously partnered with Russia to upgrade and refit Russian submarines (Office in Moscow) Listed on: Forbes Global 2000 | |
 | MakeMyTrip HQ: IndiaTravel Internet | ||
 | MRPL HQ: IndiaEnergy | April 4: Continues to buy Russian oil. Recently bought 1 million barrels of Russian Urals crude for May loading | |
 | Nayara HQ: IndiaEnergy | March 24: Continues to buy Russian oil. Recently bought 1.8 million barrels of Urals from trader Trafigura | |
 | NTPC HQ: IndiaIndustrial | April 16: Russian entities are involved in its new 2,000-megawatt project. NTPC depends on Russian entities for materials Listed on: Forbes Global 2000 | |
 | ONGC HQ: IndiaEnergy | March 28: Continues to sell Russian Sokol oil to Indian refiners | |
 | Sun Pharma HQ: IndiaMedical | April 23: Significant presence in Russia- Owns Russian drugmaker Biosintez, Present in ove 50 cities in Russia Listed on: Forbes Global 2000 | |
 | Tata Power HQ: IndiaEnergy | April 20: Have either merged or sold their businesses outside India | |
 | Tata Steel HQ: IndiaIndustrial Commodities |
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
Can you donate some time to the cause?
Please fill out the form below with how you can help.
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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