Allianz and Goldman Sachs among firms accused of 'moralwashing' on Russia

Eve Maddock-Jones
clock • 3 min read

The Moral Rating Agency has accused 12 corporations of "moralwashing or making confusing statements about their involvement with Russia", among which are financial firms Allianz and Goldman Sachs. The MRA said that many corporations had been "moralwashing" their approach to Russia in the wake of its invasion of Ukraine back in February. It said it had "identified statements that give the impression of a more complete Russian exit than actually took place, or saying one thing and doing another". Companies' involvement and potential profits made from Russia have been highly scrutinis...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now


Already a International Investment member?