The companies take action in response to Russia’s invasion of Ukraine and its humanitarian impact.
Coca-Cola, Starbucks, and McDonald’s have all suspended their operations in Russia within a matter of hours, following the country’s invasion of Ukraine. The decisions come as the conflict continues to escalate, with each company expressing solidarity with those affected.
Starbucks confirmed its decision to “suspend all business activity in Russia” in a statement on its website. The company noted that its licensed partner, Alshaya Group, operates over 100 cafes in Russia and will provide support to approximately 2,000 employees impacted by the suspension. CEO Kevin Johnson added: “We condemn the horrific attacks on Ukraine by Russia, and our hearts go out to all those affected.” Johnson also emphasised that the company would halt all product shipments to Russia while maintaining transparency about its actions as the situation develops.
McDonald’s followed shortly after, announcing the temporary closure of all 850 locations in Russia. CEO Chris Kempczinski highlighted the humanitarian crisis as the driving factor behind the move, stating: “The conflict in Ukraine and the humanitarian crisis in Europe has caused unspeakable suffering to innocent people.” Despite the closure, the fast-food giant will continue paying its 62,000 employees in Russia to mitigate the economic impact. Kempczinski expressed the company’s commitment to supporting employees, franchisees, and partners during this crisis.
Meanwhile, Coca-Cola also declared its decision to suspend operations in the country. A statement from the beverage company said: “Our hearts are with the people who are enduring unconscionable effects from these tragic events in Ukraine. We will continue to monitor and assess the situation as circumstances evolve.”
These corporate responses highlight the significant economic impact of the ongoing conflict, as major multinational companies grapple with ethical and operational decisions in the face of geopolitical instability.
