AB InBev
sold stake in joint ventures and suspend using its license in Russia
Consumer Staples
Belgium
Accenture
exiting Russia completely
Information Technology
Ireland
Accountor
withdrawal from Russia
Information Technology
Finland
Acronis
suspend operations in Russia
Information Technology
Switzerland
Adenza
discontinue all operations in Russia
Information Technology
United Kingdom
AECOM
exit Russia operations
Industrials
United States
AerCap
cease leasing activity with Russian airlines
Industrials
Ireland
AG Barr
cut ties with Russian market
Consumer Staples
United Kingdom
Air Products
full divestiture from Russia
Materials
United States
AirBaltic
leave Russian market until further notice
Industrials
Latvia
Akvelon
close offices in Moscow
Information Technology
United States
Alcoa
cease buying raw materials from, or selling our products to, Russian businesses
Materials
United States
Aldi
remove products from Russia
Consumer Staples
Germany
Allegro
bans Russian & Belarussian products
Consumer Discretionary
Poland
Allen & Overy
wind down Russian operations
Industrials
United Kingdom
Ametek
closing TPM Russia subsidiary due to war in Ukraine
Industrials
United States
Amsted Rail
exit Russia completely
Industrials
United States
AP7
sell off all of Russian shares
Financials
Sweden
APG
sell all Russian investment
Financials
Netherlands
ArcelorMittal
removed all Russian materials from supply chain
Materials
Luxembourg
Arendt & Medernach
pull out of Russia; close Russian office and suspend select Russian client engagements
Industrials
Luxembourg
Asda
remove products from Russia
Consumer Staples
United Kingdom
Assicurazioni Generali
exit Russia completely
Financials
Italy
Atos
exit from Russia
Information Technology
France
Atria
exit business in Russia
Consumer Staples
Finland
Avery Dennison
exit Russian operations
Materials
United States
Avid
cease all sales and support to all customers, users and resellers in Russia & Belarus
Information Technology
United States
Baker Botts
wind down Moscow office
Industrials
United States
Baker McKenzie
cease operations in Russia and transfer them to an independent entity
Industrials
United States
Baker Tilly
gradual wind down of operations in Russia
Industrials
United Kingdom
Bakoma
withdraw from Russia completely prior to aggression
Consumer Staples
Poland
Ball Corporation
leave Russia completely
Materials
United States
BASF SE
wind down Russian operations
Materials
Germany
BBDO
exit Russian operations
Industrials
United States
Bestseller
stop all sales to Russia through distributors
Consumer Discretionary
Denmark
BlackRock
curtail Russian access to capital markets
Financials
United States
Bonava
close operations in Russia
Real Estate
Sweden
Bose
stop all product shipments
Information Technology
United States
Boskalis
exit Russian Arctic LNG 2 project
Industrials
Netherlands
BP
divest from 20% Rosneft stake
Energy
United Kingdom
British American Tobacco
exit Russian operations
Consumer Staples
United Kingdom
British Standards Institution (BSI)
terminate all contractual relations & discontinue services in Russia
Industrials
United Kingdom
Bryan Cave
exit Russian operations; local partners and counsel form new firms
Industrials
United States
Bumble
remove apps from app stores
Communication Services
United States
Cadence
terminate operations in Russia
Information Technology
United States
Canva
withdraw from Russia
Information Technology
Australia
Carlsberg
exit Russia completely
Consumer Staples
Denmark
Carnival
discontinue Russia itineraries
Consumer Discretionary
United States
Centrica
exit gas supply partnership with Gazprom
Utilities
United Kingdom
Ceratizit
stop all deliveries to Russia and Belarus
Industrials
Luxembourg
Cersanit
put up its Russian business for sale
Consumer Discretionary
Poland
Chapman Freeborn
wind down Russian business
Industrials
United Kingdom
Ciech
suspended Russian exports
Materials
Poland
Cisco
orderly wind down Russian operations
Information Technology
United States
Clarivate
exit Russian operations
Industrials
United Kingdom
Clifford Chance
wind down operations in Moscow; local partners and counsels form own firm
Industrials
United Kingdom
CMS
transfer Russian practice to local partners and counsel
Industrials
Germany
Colliers
discontinue business in Russia
Real Estate
Canada
Comarch
halts orders from Russia & Belarus
Information Technology
Poland
Compass Group
permanently exit Russian market
Consumer Staples
United Kingdom
Coop
fully divest Russian operations Transgourmet via management buyout
Financials
Switzerland
Coty
wind down Russian business
Consumer Staples
United States
Covestro
Ceased Business Activity in Russia
Materials
Germany
CRH
withdrawal from Russia
Materials
Ireland
Cummins
exit Russian operations
Industrials
United States
Currency.com
halting operations for residents of Russian
Financials
United Kingdom
Cushman & Wakefield
close office in Russia; transfer to local partner
Real Estate
United States
Cyfrowy Polsat
removing Russian TV channels from the offer
Communication Services
Poland
Danfoss
exit Russia completely
Industrials
Denmark
DDB
exit Russian operations
Materials
United States
Dechert
close Russian office
Industrials
United States
Deezer
discontinue services in Russia
Communication Services
France
Deichmann
withdraw from Russia
Consumer Discretionary
Germany
Deloitte
leaving Russia completely; local office launched own firm
Industrials
United States
Delta Air Lines
withdraw codeshare services with Aeroflot
Industrials
United States
Dentons
exit Russian operations
Industrials
Switzerland
Dentsu International
divest joint venture/leave Russia
Communication Services
United Kingdom
Deutsche Bank
wind down business in Russia
Financials
Germany
Deutsche Telekom
close Russian business
Communication Services
Germany
Dino Polska
removed Russian products
Consumer Staples
Poland
DLA Piper
withdrawing from Russia
Industrials
United States
DPD
withdrawal from the Russian market
Industrials
Germany
Dr. Oetker
stops sales and production in Russia; transferred ownership of production facilities
Consumer Staples
Germany
DXC Technology
leaving Russia completely
Information Technology
United States
EarthDaily Analytics
terminate operations in Russia
Industrials
United States
Edeka
remove Russian food from store shelves
Consumer Staples
Germany
edX (2U)
withdraw from all Russian partnerships
Information Technology
United States
Electronic Arts
make new game purchases unavailable in Russia
Communication Services
United States
Elisa Esports
ban Russian teams from participating in tournaments
NGO
Finland
ELKO Group
leave Russia
Information Technology
Latvia
Emerson Electric
exit Russian business
Industrials
United States
Enel
divest from the entire Russian stakes
Utilities
Italy
ENEOS
discontinue purchases of Russian crude
Energy
Japan
EPAM
discontinue servicing Russian customers
Information Technology
United States
Equinor
exit joint ventures in Russia
Energy
Norway
ESAB
transition out of operations in Russia
Industrials
Sweden
Etsy
deactivate all listings from Russian sellers
Consumer Discretionary
United States
Eurovision
ban on all Russian competition
NGO
United Kingdom
Eversheds Sutherland
close Russia office; transfer Russia practice to local partners and counsels
Industrials
United Kingdom
Evonik
withdraw from Russia
Materials
Germany
Expedia
suspend bookings in Russia
Consumer Discretionary
United States
Exxon
exit Rosneft partnership
Energy
United States
EY
leaving Russia completely
Industrials
United States
FANUC
totally suspend all shipments, services and maintenance in Russia
Industrials
Japan
Fazer
exit Russia
Consumer Staples
Finland
Fennovoima
terminate Russian nuclear power plant project
Energy
Finland
FICO
exiting all work in Russia
Information Technology
United States
Fiskars
withdraw completely from the Russian market
Consumer Discretionary
Finland
Flowserve
exit Russia completely
Industrials
United States
FMC Corporation
discontinue all business and operations
Materials
United States
Fonterra
exit its businesses in Russia
Consumer Staples
New Zealand
Formula One
terminat contract with the Russian Grand Prix promoter
Communication Services
United Kingdom
Fortum
exit Russian market
Utilities
Finland
Freshfields
closing business in Russia
Industrials
United Kingdom
G2A
block marketplace for Russian users
Communication Services
Netherlands
Gameloft
make company’s games unavailable in Russia
Information Technology
France
Gaz-System
stopped gas imports
Utilities
Poland
Global Foundries
suspend all shipments to Russia
Information Technology
United States
GoDaddy
discontinue all Russian services
Information Technology
United States
Gowling
leave Russia
Industrials
Canada
Grant Thornton
closing business in Russia
Industrials
United States
Grid Dynamics
close offices in Russia & cease all operations
Information Technology
United States
Grohe
cease all activities with Russia
Consumer Discretionary
Germany
Halliburton
No longer conducts operations in Russia
Energy
United States
Haniel
unwind all Russian business
Materials
Germany
Hays plc
close Russian business
Industrials
United Kingdom
Hearst Communications
terminate the licensing agreements & turn over its equity to Russian subsidiary
Communication Services
United States
Heidrick & Struggles
ceased all operations in Russia
Industrials
United States
Heineken
exit Russia completely
Consumer Staples
Netherlands
Hempel
exit Russia
Industrials
Denmark
Henkel
exit business activities in Russia
Consumer Staples
Germany
Herbert Smith Freehills
end operations in Russia; local partners and counsels open independent firm
Industrials
Australia
Hesburger
withdraw from Russia
Consumer Discretionary
Finland
Hogan Lovells
exit Russian operations
Industrials
United Kingdom
Holcim
exit Russian market completely
Materials
Switzerland
Houthoff
terminate all relationships with Russia
Industrials
Netherlands
HP Enterprise (Independent from HP Inc.)
exit Russia & Belarus
Information Technology
United States
HP Inc.
shut down business in Russia
Information Technology
United States
Huhtamaki
divest Russian operations
Materials
Finland
IBM
wind down business in Russia
Information Technology
United States
IDEXX Labs
wind down operations & liquidate subsidiary
Health Care
United States
Ikea
fold up Russian presence
Consumer Discretionary
Sweden
IMCD
withdraw from Russia completely
Industrials
Netherlands
Imperial Brands
transfer Russian business to local partners
Consumer Staples
United Kingdom
Incoff Aerospace
no longer trade with the Russians
Industrials
Slovakia
Infineon
liquidate Russian entity
Information Technology
Germany
Infosys
shutting down operations in Russia
Information Technology
India
InPost
stop purchasing services/goods from Russian & Belorussian companies
Industrials
Poland
Intercontinental Exchange
curtail Russian access to capital markets
Financials
United States
Intercontinental Hotels (IHG)
Ceased operations in Russia
Consumer Discretionary
United Kingdom
International Boxing Federation
ban on all Russian competition
NGO
France
International Cat Federation
ban Russian cats from competitions
NGO
Canada
International Cycling Union
ban on all Russian competition
NGO
United States
International Ice Hockey Federation
ban on all Russian competition
NGO
Switzerland
International Olympic Committee
ban Russian athletes from competing
NGO
Switzerland
International Skating Union
ban on all Russian competition
NGO
Switzerland
International Weightlifting Federation
ban on all Russian competition
NGO
Switzerland
Interpublic Group
exit Russian operations
Communication Services
United States
ISS
ISS divested its Russian activities during March and is no longer active in Russia
Industrials
Denmark
J Sainsbury
remove products from Russia
Consumer Staples
United Kingdom
Jabil
closed its site in Russia
Information Technology
United States
Jägermeister
Fully stopped business in Russia
Consumer Staples
Germany
Jamie Oliver
exit franchise agreement
Consumer Staples
United Kingdom
Jan de Nul
close rep office and withdraw ships
Industrials
Luxembourg
JetBrains
suspend all activity indefinitely
Information Technology
Czech Republic
JLL
separate operations in Russia
Real Estate
United States
John Wood Group
withdraw from Russia
Industrials
United Kingdom
Kalnapilis-Taurus
termination of export ties and production in Russian Market
Consumer Staples
Lithuania
Kelly
leave Russia & transition operations
Industrials
United States
Kemira
exit Russia completely
Consumer Discretionary
Finland
Kiilto
seeking exit from Russian business
Materials
Finland
Kingspan
exit Russia
Industrials
Ireland
Kinross Gold
complete exit from Russia by selling Russian operations
Materials
Canada
KLP
exit all investment holdings in Russia
Financials
Norway
Knorr-Bremse
will not deliver any more products or systems for Russian locomotives; end JVs
Industrials
Germany
Koch Industries
sell Russian business to a local enterprise
Industrials
United States
Kofax
curtail all sales of software and close sites in Russia
Information Technology
United States
KPMG
leaving Russia completely
Industrials
United States
Krispy Kreme
winding down business in Russia
Consumer Discretionary
United States
L’Occitane
exit Russian operations
Consumer Discretionary
France
Lamb Weston
exit Russian market
Consumer Staples
United States
Latham & Watkins
wind down Russian presence
Industrials
United States
Lincoln Electric
ceased all operations
Industrials
United States
Linklaters
end operations in Russia, with entities connected to the Russian state; local partners and counsel form own firm
Industrials
United Kingdom
Lloyd’s Register
withdraw services to Russia
Industrials
United Kingdom
London Stock Exchange Group
curtail Russian access to capital markets
Financials
United Kingdom
LPP Group
left Russia
Consumer Discretionary
Poland
Lufthansa
suspended flights and ended Russian aircraft maintenance
Industrials
Germany
Luxoft
exit Russian market
Information Technology
Switzerland
Marsh McLennan
exit operations in Russia
Financials
United States
McDonald’s
leave the Russian market & sell Russian business
Consumer Discretionary
United States
McKinsey
exit Russian market completely
Industrials
United States
MessageBird
shut down API access, block SMS and voice traffic to Russian carriers
Information Technology
Netherlands
Mondi
sell Russian assets
Materials
United Kingdom
Monroe Energy
stop imports of Russian crude oil
Energy
United States
Moog Inc.
exit Russian operations
Industrials
United States
Morgan Advanced Materials
cease all trading with Russia.
Industrials
United Kingdom
Morgan Lewis
close Russian offices
Industrials
United States
Morrisons
remove products from Russia
Consumer Staples
United Kingdom
MSCI
curtail Russian access to capital markets
Financials
United States
MSU S.A.
ceased all business activities in Russia
Consumer Discretionary
Poland
Nasdaq
curtail Russian access to capital markets
Financials
United States
NCAB Group AB
sold assets and ceased operations in Russia
Industrials
Sweden
Netflix
suspend service in Russia
Communication Services
United States
Netscout
pause all sales, support, and services in Russia
Information Technology
United States
Nike
exit Russia
Consumer Discretionary
United States
Nokia
pulling out of Russia completely
Information Technology
Finland
Norton Rose Fulbright
exit from Russia
Industrials
United Kingdom
Norwegian Cruise Lines
discontinue Russian itineraries
Consumer Discretionary
United States
NTT Data
exit Russia
Information Technology
Japan
OBI
exit Russian market completely
Consumer Discretionary
Germany
Oceania Cruises
discontinue Russian itineraries
Consumer Discretionary
United States
Oerlikon
sell Russian operations
Materials
Switzerland
Omnicom Media Group
exit Russian operations
Communication Services
United States
OneWeb
suspend use of Russian airspace
Communication Services
United States
Orkla
exit Russian operations
Consumer Staples
Norway
Orlen Lietuva
stopped Russian oil imports
Energy
Poland
Owens Corning
expedite exit from Russia
Industrials
United States
Parker Hannifin
closed our office and warehouse facility in Moscow and no longer do business in this country
Industrials
United States
Paulig
withdraw from Russia
Consumer Staples
Finland
Pensioenfonds Detailhandel
sell off all Russian investments
Financials
Netherlands
Pentair
exiting its business in Russia
Industrials
United States
PFZW
divest from all Russian assets
Financials
Netherlands
PGL Esports
exclusion of esports teams and individuals with connections to the Russian government from upcoming competition
Communication Services
United States
PKO BP
suspends transactions with Russian banks transactions in Russian ruble suspended
Financials
Poland
PME pensioenfonds
sell off all Russian investments
Financials
Netherlands
Polskie Górnictwo Naftowe i Gazownictwo SA
stopped gaz imports
Energy
Poland
Ponsse PLC
divest Russian operations
Industrials
Finland
Prio
ceased purchase of any products from Russian or directly related companies
Energy
Portugal
Publicis Groupe
cede ownership to local affiliates
Communication Services
France
PwC
leaving Russia completely
Industrials
United States
PZU SA
reduced position in Russian bonds to zero
Financials
Poland
Qantas Airlines
no longer flies over Russian territory
Industrials
Australia
R&A
ban on all Russian competition
Industrials
United States
Reckitt Benckiser Group
begins a process aimed at transferring ownership of its Russia business
Consumer Staples
United Kingdom
Red Hat
discontinue sales and services in Russia & terminate partnerships
Information Technology
United States
Regent Seven Seas Cruises
discontinue Russian itineraries
Consumer Discretionary
United States
Renault
sell Renault Russia; transfer Moscow factory to city government and partner for local brand production
Consumer Discretionary
France
Rewe
remove products from Russia from shelves
Consumer Discretionary
Germany
Rimi
remove products from Russia from shelves
Consumer Discretionary
Latvia
Rio Tinto
terminate all commercial relationships with Russia
Materials
Australia
Rocket Lawyer
suspend Russian and Belarusian access to the platform
Information Technology
United States
Roku
remove Kremlin-linked propaganda and ads
Communication Services
United States
Roland Berger
end any activity for Russia
Industrials
Germany
S Group (Suomen Osuuskauppojen Keskuskunta)
close all operations
Consumer Staples
Finland
S&P 500 [S&P Dow Jones Indices]
curtail Russian access to capital markets
Financials
United States
Salesforce
exit business relationships in Russia
Industrials
United States
Sarantis Group
Permanent withdrawal from Russian market
Consumer Staples
Greece
Savills
end partnerships in Russia
Real Estate
United Kingdom
Schneider Electric
sell Russian assets to local management and exit completely
Industrials
France
Shell
total withdrawal from virtually all Russia-related businesses
Energy
United Kingdom
Sidley Austin
end all Russian relationships
Industrials
United States
Siemens
exit Russian market
Industrials
Germany
SKF
end sales and production in Russia
Industrials
Sweden
Slack
exit Russian market completely
Information Technology
United States
SMAY
end cooperation with Russia
Industrials
Poland
Smurfit Kappa
exit Russian market
Materials
Ireland
Societe Generale
cessation of all activities in Russia
Financials
France
Sodexo
ceded control of its operations in Russia
Industrials
France
Sonos
ceased all sales to this market at the onset of the war and blocked Russian state radio
Consumer Discretionary
United States
Squire Patton Boggs
leave Russia
Industrials
United States
Stanley Black & Decker
shut down Russian business
Industrials
United States
Starbucks
exit and no longer have a brand presence in Russia
Consumer Discretionary
United States
State Street
curtail Russian access to capital markets
Financials
United States
Stora Enso
divest packaging plants
Materials
Finland
Storebrand
divest all Russian holdings
Financials
Norway
Strabag
winding down operations in Russia; terminating shareholder syndicate agreements with Deripaska
Industrials
Austria
Sulzer
exit Russian market
Industrials
Switzerland
Svenska Handelsbanken
divest from all Russian investments
Financials
Sweden
Systembolaget
remove all Russian alcohol from stores
Consumer Discretionary
Sweden
Sæplast
Stopped all operations in Russia
Materials
Iceland
Tata Steel
replaced all Russian raw materials for operations; no presence in Russia
Materials
India
Tchibo
sell Russian subsidiary
Consumer Staples
Germany
TeamViewer
withdraw from Russia/Belarus
Information Technology
Germany
Teknotherm Marine HVAC sp. z o.o.
complete withdrawal from Russia
Industrials
Poland
Teradata
stopped all business in Russia and ceased customer interactions and services with all Russian accounts.
Information Technology
United States
Tietoevry
conclude total exit from Russia
Information Technology
Finland
TJ Maxx
divest Familia subsidiary
Consumer Discretionary
United States
Trane Technologies
suspend all business activities indefinitely & exit Russia
Industrials
Ireland
TripAdvisor
remove Kremlin-linked propaganda and ads
Communication Services
United States
Triumph Motorcycles
Discontinued commerical activity in Russia
Consumer Discretionary
United Kingdom
TUI
end brand-sharing agreement; had already exited
Consumer Discretionary
Germany
Tunnock’s
discontinue supplies to Russia
Consumer Staples
United Kingdom
Uber
divest from partnership with Yandex
Information Technology
United States
UEFA
ban Russian athletes from competing
NGO
Switzerland
Umbro
withdrawal from the Russian market
Consumer Discretionary
United Kingdom
United Internet Group
suspend all Russian contracts
Information Technology
Germany
Universal
closing operations in Russia
Communication Services
United States
Valio
sell business and Viola brand to Velcom
Consumer Staples
Finland
Valmet
exit from Russia
Industrials
Finland
Vanguard
suspend operations in Russia
Financials
United States
Velux
permanently close operations in Russia and Belarus
Consumer Discretionary
Denmark
Vestas
continue operations but no new contracts
Energy
Denmark
Vianor
terminate contract with Russian subsidiary
Consumer Discretionary
Finland
Vičiūnai
selling Russian operations and exiting Russia
Consumer Staples
Lithuania
Vinmonopolet
stop sales of all Russian wine, spirits and strong beers in Norway
Consumer Staples
Norway
Vitol
stop buying Russian oil by the end of 2022
Energy
Switzerland
Vodafone
suspend partner agreement with MTS
Information Technology
United Kingdom
Volaris Group
discontinue sales and support to Russia
Information Technology
Canada
Volfas Engelman
suspend investment and withdraw from Russian market
Consumer Staples
Lithuania
Waitrose
remove products from Russia
Consumer Staples
United Kingdom
Walker’s Shortbread
cancel all future orders to Russia
Consumer Staples
United Kingdom
Wargaming
close operations; transfer of some business
Consumer Discretionary
Belarus
Wear Medicine
terminate cooperation with Russian partners
Consumer Discretionary
Poland
Weir Group
wind down Russian business in 2022
Industrials
United Kingdom
WePlay
terminate all Russian operations
Consumer Discretionary
United States
WeWork
planning divestment of Russian operations
Real Estate
United States
Wex Inc.
ending relationship with Lukoil and subsidiaries
Information Technology
United States
White & Case
wind down Russian operations
Industrials
United States
Willis Towers Watson
fully exit Russia and transfer ownership to local management
Financials
United Kingdom
Winston & Strawn
close Russian office
Industrials
United States
Women’s Tennis Association
suspend Russian partnerships
NGO
United States
World Athletics Council
ban on all Russian competition
NGO
United States
World Boxing Association
ban on all Russian competition
NGO
Panama
World Boxing Organization
ban on all Russian competition
NGO
United States
World Rowing Federation
ban on all Russian competition
NGO
United States
World Rugby Union
ban on all Russian competition
NGO
Ireland
WPP PLC
leave Russia
Communication Services
United Kingdom
YIT
exits Russia projects
Industrials
Finland
Zurich Insurance Group
sell Russian business to local team and exit market
Financials
Switzerland