Corporations Cancel Russia [S5, E9]

Altamar - Navigating the High Seas of Global Politics

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2+ y ago 31:44

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In the first weeks of the war, we heard reports that brand after brand was closing their doors in Russia. Oil giants shut down their rigs, and tech companies unplugged their servers, sending workers home. Luxury good brands joined the exodus, sending powerful values-ridden press releases. The wave of global companies leaving Russia has not stopped. Taking a stance on political issues is an escalation of corporate behavior in the last decades, moving toward active corporate social responsibility. What does the exodus mean for the Russian economy? Has a new standard been set for corporate responsibility and a stakeholder economy? And, finally, what does this mean for the few international companies that have refused to leave?

Altamar hosts Peter Schechter and Muni Jensen are joined by DJ Peterson, Founder and President of Longview Advisors. Altamar’s ‘Téa’s Take’ by Téa Ivanovic delves into personal sanctions of Russian goods.

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