Almost a year after Vladimir Putin launched the devastating invasion of Ukraine, Western companies’ alleged links to Russia are still under the microscope.
The agency rates companies according to five criteria: degree and speed of exit from Russia, how courageously they spoke out, as well as the impact they had on the Russian economy and the sacrifice to the company itself. Western companies Johnson & Johnson JNJ , Nestlé S.A. ADR NSRGY , Unilever Plc ADR UL , PepsiCo Inc. PEP , Procter & Gamble Co. PG , and Microsoft Corp.
In a statement provided to MarketWatch last week, Swiss food giant Nestlé said that, since the outbreak of war, the company has “drastically reduced” its portfolio in Russia. “Our remaining activities are focused on bringing essential food to the local people,” the company said. “This aligns with our purpose of ensuring the basic right to food.
Also read: Despite plenty of talk, many U.S. companies have still not fully exited Russia: Moral Rating Agency
Who cares. The real hall of shame should be filled with Pfizer, Moderna, etc.
Why is it more shameful than being involved in China, Saudi Arabia, and dozens of other corrupt countries? GTFO
Good. Live Ruzzia
Russians are people just like us
Top execs at these firms have no moral compass. It’s all about the MONEY!
How about China? Or would that be everyone.
Who care about a “moral rating agency “ more woke agenda
Nestlé S.A. is a Swiss multinational food and drink processing conglomerate corporation headquartered in Vevey, Vaud, Switzerland.
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