March 11, 2022 – Cargill announced today that it is “scaling back” its business in Russia and stopping investment there, as pressure from Ukrainian organizations, Mighty Earth, and allies mounted on the company.
Cargill’s announcement today that it is “scaling back” its Russian business activities and stopping investment is a “step in the right direction.” Still, Cargill now needs to pull out entirely, according to Ukrainian and global conservation leaders.
“War in Ukraine is a tragedy not only for people but also for the environment. Cargill must continue to take a hard look at the impact of its continuing to send tax revenue to support the Russian invasion,” said Yehor Hrynyk of the Ukrainian Nature Conservation Group.
Over 300 Western businesses ranging from ExxonMobil to McDonald’s have pulled out of Russia to show their opposition to the Putin regime’s brutal invasion. Cargill has suspended operations in Ukraine but has resisted calls to suspend its Russian operations entirely.
“This is a good step forward for Cargill in re-evaluating its investments in Russia. Anyone who does business with and pays taxes to Vladimir Putin’s government is fueling Russia’s war machine,” said Glenn Hurowitz, founder and CEO of Mighty Earth. “We hope this move will spur a broader reexamination of Cargill’s role in the world, spurring the company to move away from being a business that supports authoritarian governments, drives the destruction of ecosystems, and makes an outsized contribution to climate change.”
“The disruption caused by Russia’s invasion of the Ukrainian breadbasket highlights the need for companies and countries to scale up investments in plant-based and cultivated proteins dramatically, so we’re not so dependent on fragile international supply chains for animal feed,” Hurowitz said.
Cargill competitor LDC announced on March 4 that it was suspending operations in Russia, but ADM and Bunge have also refused to pull out of Russia. However, companies exposed to these traders and Cargill in their supply chains, such as McDonald’s, Coca-Cola, Yum! Brands and PepsiCo have announced they are pulling out.
Privately-owned Cargill’s unethical business practices worldwide have long been in the spotlight. In 2019, Mighty Earth’s report, The Worst Company in the World, detailed the company’s history, including its undermining of the embargo on the Soviet Union in response to the invasion of Afghanistan.
About Mighty Earth
Mighty Earth (www.mightyearth.org) is a global advocacy organization working to defend a living planet. Our goal is to protect half of Earth for Nature and secure a climate that allows life to flourish. We are obsessed with impact and aspire to be the most effective environmental advocacy organization in the world. Our team has achieved transformative change by persuading leading industries to dramatically reduce deforestation and climate pollution throughout their global supply chains in palm oil, rubber, cocoa, and animal feed while improving livelihoods for Indigenous and local communities across the tropics.