#British consumer goods giant #Unilever has doubled profits and increased ad spending in russia despite its pledge to stop profiting from the market after moscow invaded #Ukraine last year

Its russian subsidiary Unilever Rus, which employs more than 3,000 people, almost doubled its 2022 net profit from 4.8 billion rubles ($62 million) to 9.2 billion rubles ($119 million), according to the investigative news outlet Follow the Money.

Read more here🔗 https://www.themoscowtimes.com/2023/05/12/unilever-doubles-russia-profits-boosts-ad-sales-despite-divestment-pledge-a81118

#SlavaUkraine #UK

Unilever Doubles Russia Profits, Boosts Ad Sales Despite Divestment Pledge

British consumer goods giant Unilever has doubled profits and increased ad spending in Russia despite its pledge to stop profiting from the market after Moscow invaded Ukraine last year, investigative media reported Friday.

The Moscow Times
@EugeneMcParland @lawrence
#Unilever has long peddled pseudo-food in the name of profits so their Russian #hypocrisy is not at all surprising. To support #Ukraine and the free world, we can #boycott their products, brands that come to mind:
- Magnum
- Ben & Jerry's
- Knorr
- Hellmann's
- Dove
- Sunsilk
- Colgate
- Persil
- Lux
- Vaseline
- Wall's
#SlavaUkraini #SaveUkraine #StopPutin #StopProfiteering #SocialResponsibility
@joseph11lim @lawrence @EugeneMcParland I already #boycott #Unilever in part b/c of their #BetterThanCash Alliance membership¹, which puts them on the wrong side of the #WarOnCash. ① https://www.betterthancash.org/about/members
Members

The Alliance members include national governments from Africa, Asia-Pacific and Latin America, global brands across the agriculture, garment and fast-moving consumer good sectors, UN agencies and humanitarian non-governmental organization (NGOs).

Better Than Cash Alliance