To All Chief Executive Officers
CORPORATIONS MUST STOP FINANCING PUTIN’S WAR CRIMES
The world is witnessing an horrific, unjustified, and unprovoked attack by Russia on Ukraine.
Hour by hour we see evidence of the terrible destruction and human suffering. The war is now in a new phase, where there is frequent use of heavy artillery to shell residential areas. This has provided enough evidence for the International Criminal Court (ICC) Prosecutor, Karim A.A. Khan QC, to open an investigation.
As a business leader you play a key role in how the world is shaped.
The fight for democracy and freedom is happening now, right in front of our eyes. These are the very same values which underpin your commitments to uphold standards of good Environmental, Social and Corporate Governance (ESG).
If you truly believe in upholding these standards, which includes ethical investing, you must now immediately stop trading with and investing in all Russian state or private entities.
Failure to do so would mean that your company is in breach of fundamental ESG standards and be supporting Putin’s colonial war to re-create the Russian empire, grab Ukrainian territory and install dictatorship instead of free democratic society and institutions.
Every one of us has a role to play in stopping this atrocious war. By working together Governments, corporations, non-profit organisations, and individuals can halt the human rights violations currently taking place across Ukraine.
We beg you not to stand aside and wait for others to act.