AURORA | Congressperson Jason Crow is encouraging corporations to boycott Russia in an effort penalize the country for its recent invasion of Ukraine.
“Sanctions can impose costs on Russia, but voluntary corporate boycotts can do even more,” the Centennial Democrat said on Twitter over the weekend. “Let’s demand our companies don’t support Putin’s war. Start the movement.”
More than 230 companies have already pulled out of business dealings or suspended operations in the country, according to the Yale School of Management. Such companies include Amazon, Apple, Exxon, Microsoft, Shell, TikTok, Uber, Visa and various airline, clothing and entertainment companies.
As of Monday, Yale said some major global businesses with “significant exposure” still remain in the country. Coca-Cola, Hilton, McDonald’s, Pepsi and Starbucks, among others, remain.
Last month, the U.S. rolled out some of its toughest sanctions against Russia. Members of Russian President Vladimir Putin’s inner circle, their families and two two banks were early targets.
Putin said Western sanctions crippling Russia’s economy are “akin to declaring war,” according to reporting from the Associated Press.
“But thank God, we haven’t got there yet,” he said.