Statement of principle on Russia’s unprovoked invasion of Ukraine, 21 April 2022

...Now is not the time for neutrality. Russia’s invasion is unprovoked and unacceptable. Evidence of atrocities committed by Russian troops on Ukrainian civilians, including women and children, is mounting...

We value humanity; human lives are being destroyed. We value freedom; Russia’s actions threaten freedom everywhere. We value opportunity and shared prosperity; the instability wrought by this war endangers both on a global scale...

Global companies by and large have condemned Russia’s actions and rushed to ensure the safety and wellbeing of impacted employees. Hundreds have withdrawn or suspended operations and investment in Russia. Several businesses are going further, providing support and needed services to Ukrainian refugees and their families. Regrettably, some companies are yet to follow this course of action...

We will only consider resuming suspended business and investment activities in Russia when hostile operations cease and peace is restored. In the meantime, we continue to support on-the-ground humanitarian efforts...

...Ending Europe’s dependence on Russian oil, gas and coal will not be achieved overnight, but it must be the urgent goal we set for ourselves—governments and industry alike.

This unspeakable tragedy underlines the necessity to dramatically accelerate a just transition to clean energy—to preserve our environment, strengthen geopolitical security and defend human rights...