The maker of Ben & Jerry's is under pressure to leave Russia. Why are companies refusing to go?

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Consumer goods giant Unilever is still contributing over $1 billion to the Russian economy annually, activists argue.

Many companies abandoned Russian markets after the country invaded Ukraine.The parent company of Ben & Jerry's and Cornetto ice cream brands, Unilever, has continued to resist pressure to shut down its business in Russia,Anti-war activist organisation the Moral Rating Agency has been campaigning for Western companies to end all business with Russia, in order to force more economic pressure on the country, hoping it impacts war efforts.

"We also want to be clear that we are not trying to protect or manage our business in Russia. However, for companies like Unilever, which have a significant physical presence in the country, exiting is not straightforward." However, some have stayed and potentially profited as the brutal war continues - here's a look at why.Oil and gas giant Shell has been criticised for continuing to operate in the Russian gas market.Oleg Ustenko, an economic adviser to the Ukrainian president, accused British oil giant Shell this week of accepting 'blood money' for trading Russian gas long after it had agreed to withdraw from the market.

 

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