(last updated 5.18.2022 10:00 am ET)
As Corporate Social Responsibility (CSR) leaders, we often find ourselves accountable for our company’s response in times of crisis. We’ve spent the last several years grappling with issues around the pandemic, racial injustices, hunger, poverty, unemployment, natural disasters, crime, and more. Yet as much as we learn from and prepare to respond when a crisis comes, there is no surefire way to prepare for war.
Many ACCP members have reached out to us to find out what other companies are doing in response to the crisis in Ukraine and what information and resources they should consider as they craft a response.
To that end, we have compiled a list of corporate reactions, resources, news, and articles of interest for those working in social impact. We will keep this list updated regularly to support our members as you work to respond to the needs of your companies, employees, and the communities you serve.
If you have information or a resource you’d like us to add, please email ACCP.
Forbes has compiled a list of corporate announcements/support for Ukraine.
Nestle, the world’s largest food company, has 5,000 workers in Ukraine. It is temporarily closing three factories in the region.
Shell and BP abandoned $3B in Russian investments after the Ukraine invasion.
Shipping Giant Maersk, Visa, and Mastercard Halt Key Russia Services – Here’s The Growing List of Companies Responding to Invasion – Companies mentioned include Maersk, YouTube, Mastercard, Visa, Disney, Netflix, Shell, Twitter, Airbnb, Etsy, BO, Meta, Verizon, Adidas
Exxon to Exit Russia, Leaving $4B in Assets
Apple joins companies pulling back from Russia over Ukraine attack – Companies mentioned include Apple, Ford, Nike, Boeing, Disney, Warner Bros and more.
Western companies head for exit in Russia as sanctions tighten – Companies mentioned include Shell, BP, AerCap, Equinor, and TotalEnergies
Resources and Related Articles:
Benevity: Where to Donate to Support the Humanitarian Crisis (also includes a downloadable crisis kit, for those who may be leading a corporate relief campaign)
How Companies Are Responding to Russia’s Invasion of Ukraine
raceAhead (Fortune newsletter)
Transcript of Ukrainian President Volodymyr Zelensky’s address to Congress: “All American companies must leave their market immediately because it is flooded with our blood…I call on U.S. to do more, all American companies should leave Russia.” Zelensky
British Institute of International and Comparative Law: Part 1: Do foreign companies have a responsibility under international law to leave Russia? Part 2: Responsible Exit from Russia: Business and Human Rights in a Global Governance Gap
Russia: Sanctions and Divestments. The Case For A Nuanced Approach “We are not arguing that divestment is or is not the right course of action for companies to take. What we are arguing is that the reality is a great deal more complicated than the binary, divest is good/ remain is bad, way in which the position of businesses in relation to Russia is typically portrayed. “
The rising toll of the war in Ukraine (podcast)
There’s a robust conversation around support for Ukraine happening in ACCP’s online community, click here to read. (ACCP members only)
ACCP surveyed its members and other CSR professionals to find out what their companies are doing in response to the Ukraine crisis, specifically around business resources, corporate philanthropy, employee volunteerism, and employee giving. Here is a sampling of the responses we’ve received.
- Canceled film releases in Russia for the foreseeable future – Paramount Pictures
- Cybersecurity reminders – BECU
- Terminated partnership with Russian broadcaster Match and shut down WWE Network in Russia effective immediately – WWE
- Funds donated (and matched) to Direct Relief, UNICEF, ICRC, American Red Cross, Ukraine Humanitarian Fund and more – Owens Corning, Parker Hannifin, Global Atlantic Financial Company, LyondellBasell, Takeda, Aetna, MetLife Foundation, Paramount Pictures, Genmab, Sage
- Employee assistance fund for those in Ukraine – United Nations Federal Credit Union, LKQ Corporation
- Blood and supply drives – LyondellBasell
- Employees in Poland, Slovakia, and other bordering countries are providing shelter and transportation to Ukraine employees and their families – Owens Corning, LKQ Corporation
- Allowing employees to receive volunteer rewards ($) for attending local rallies and protests – Benevity
- Ad hoc and informal volunteerism, especially in Poland – Parker Hannifin
- Matching donations to approved organizations, enhancing current matching gifts programs – United Nations Federal Credit Union, Wintrust Financial, Parker Hannifin, LKQ Corporation, Blackbaud, Global Atlantic Financial Company, BECU, LyondellBasell, Hyland, Activision Blizzard, Takeda, Aetna, MetLife Foundation, Paramount Pictures, Genmab, Benevity, Nordson Corporation Foundation
- Providing employees with lists of vetted organizations and giving opportunities – ConAgra Brands, Blackbaud, AT&T, Shaw Industries, Sage
- Providing resources for regional contractors who work with our team, including relocation and basic needs. – Paramount Pictures
- Supporting employees including providing mental health services – BECU
- Allowing teams/departments/offices to use their “culture budget” funds (for team outings, etc.) to donate. – Hyland
- Setting up text-to-give campaigns for NGOs – AT&T
*This is not an exhaustive list; if you are aware of other direct corporate responses we should add, please email ACCP.