Key facts
- Mondelez CEO Dirk Van de Put admitted that taxes paid by the company in Russia help fund the war in Ukraine.
- Van de Put stated that remaining in Russia was the 'right decision'.
- The company faces renewed calls for withdrawal from Russia.
- Potential government action against Mondelez is being considered.
Mondelez CEO Dirk Van de Put has acknowledged that taxes paid by the company within Russia are contributing to the funding of the war in Ukraine. Van de Put defended the company's decision to maintain its presence in Russia, stating it was the 'right decision' to remain. This admission has led to renewed pressure on Mondelez to cease its operations in the country. The situation has also brought about discussions regarding potential government actions that could be taken against the company due to its continued business in Russia.
The CEO's statement directly links the company's tax payments in Russia to the financing of the ongoing conflict. Despite this acknowledgment, Van de Put has not indicated any plans to withdraw Mondelez from the Russian market. The company's stance is likely to face further scrutiny from international bodies, governments, and advocacy groups concerned with the war in Ukraine.
Mondelez's continued operation in Russia, coupled with the CEO's admission, places the company in a difficult position regarding its corporate social responsibility and its alignment with international sanctions and ethical business practices. The calls for action suggest a growing demand for accountability from multinational corporations operating in Russia.