Ukraine: Govt. names Procter & Gamble international sponsor of war over its continued operations in Russia
Ukraine recognizes Procter & Gamble international sponsor of war, 2 February 2023
The basis for sanctioning the company was that it still operates in the russian federation, pays taxes to the russian state budget, and contributes to mobilization measures. Ukraine's National Agency for the Prevention of Corruption was informed about the situation by Ukraine's Economic Security Council...
In March 2022, P&G announced the reduction of the product range and promised to leave only health and hygiene products on the russian market. In August, it was reported that the company no longer invests in business development in the russian federation. Despite this, P&G's business is still operating and developing in russia. In particular, the household chemicals plant, the world's largest producer of detergents for P&G, and the factory for producing blades and razors for Gillette continue to operate on the territory of russia.
It continues to earn on the russian market and contribute to the state budget of the aggressor country. In 2021 alone, the company paid about $5.2 million in tax revenues and other payments. The company also provides jobs for about 2,500 russians...
In addition, by remaining in russia, the company contributes to mobilization. According to the new russian legislation, corporations working in russia are forced to participate in mobilization activities, contribute to the recruitment of employees into the army, and finance their military equipment.
Oleksandr Novikov, director of Ukraine's National Agency for the Prevention of Corruption, says:"Unfortunately, due to the low moral threshold, hundreds of foreign companies remain working in the russian market, thereby financing the army and the military-industrial complex of the aggressor state. Among the companies known to us, in addition to P&G, there are also OpenWay Group, Danieli, TMS Tankers Ltd., Minerva Marine Inc., Thenamaris Ships Management, Delta Tankers Ltd., Dynacom Tankers Management Ltd., Leroy Merlin, Mondi Group/Mondi PLC, eKassir, Liberian International Ship & Corporate Registry, and Bonduelle...."