Cadbury chocolate-owner Mondelez defends staying in Russia
Mondelez CEO Dirk Van de Put has defended the company's decision to continue operations in Russia, citing concerns over asset seizure and employee safety. Despite acknowledging that tax payments contribute to the Russian economy, he maintains that exiting would be more harmful.
Why it matters
The case illustrates the ethical dilemma faced by multinational corporations operating in countries involved in international conflicts and the pressure from stakeholders to divest.
Share Save Add as preferred on Google Dearbail Jordan Business reporter Getty Images Dirk Van de Put, chief executive of Mondelez The boss of Cadbury chocolate-maker Mondelez has defended its decision to continue doing business in Russia but admitted he is "not pleased" the firm s taxes are funding the war with Ukraine.
The article provides the CEO's justification while also including the critical perspective of parliamentary groups, maintaining neutrality.
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