Accenture Pulls out of Russia

Accenture announced that it is pulling out of Russia in response to the sudden invasion of Ukraine.

“Accenture stands with the people of Ukraine and the governments, companies, and individuals around the world calling for the immediate end to the unlawful and horrific attack on the people of Ukraine and their freedom. Therefore, Accenture is discontinuing our business in Russia,” said the company. 

Accenture said that they continue to support their 2,300 staff in Russia despite discontinuing their business. 

Accenture added that they would be donating $5 million to nonprofit relief organizations working to help people in Ukraine along with those who have fled into neighboring countries.

Accenture has offices in Moscow and in Tver and earned $120 million for fiscal calendar 2021 ending which ended on August 31.

“The images and voices from Ukraine are tragic. Accenture is committed to supporting humanitarian aid to address the crisis and we stand with all in the global community who are calling for peace,” said Accenture chair and chief executive Julie Sweet.

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