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Business leaders pledge to divest of Russian holdings

Like so many, we are devastated watching events unfold in Ukraine. As business leaders and capital allocators, we support the people of Ukraine and the freedoms afforded by democracy. As fiduciaries, we have a choice on how we allocate our capital and believe these choices can make a difference.

I, as the leader of my company, along with all CEO signatories, commit to divest of holdings of Russian companies for as long as the Russian invasion persists. Collectively, we manage over $200 billion in assets for millions of investors. Our industry represents over $100 trillion globally. We call on others around the world to join us in standing up for freedom.

History is a painful reminder of silence in the face of tyranny. We urge business leaders around the world to do what they can to pressure Russia to end its assault on the people of Ukraine and the values of democracy, freedom, and sovereignty.

We stand with the brave citizens and leaders of Ukraine who are defending their homes and our values. We stand with peace. Please join us.

By committing, you agree to the following so long as Russia continues its attack on Ukraine:

We also encourage participants to publicly report on your firm’s exposure, divestments, and future plans to build awareness and transparency for this effort.


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