EY is reviewing its entire Russia-related client portfolio and the future of the EY Russia business in light of new sanctions and changing regulations.
We denounce the war in Ukraine and condemn the violation of international law. We are deeply concerned by the humanitarian catastrophe unfolding in Ukraine. The Russian military invasion in Ukraine is in direct opposition to the values that are core to our organization. It has, and will continue to cause, a great deal of suffering across Ukraine, Eastern Europe, Russia, and elsewhere. We urge all parties to work towards a peaceful resolution.
From the outset of this crisis, we have been primarily focused on the safety of EY people in Ukraine and colleagues outside of Ukraine who have family and friends in the midst of this ongoing military conflict. We have been determined to bring the full support an organization such as ours can bring – to help those who want to leave, as well as those who have had to, or have chosen to, stay. We have been deeply moved by the outpouring of support across our organization for those suffering as a result of this war. Our EY family is pulling together in ways both large and small to support those impacted. As a global organization, we are working with relevant governments to comply with the recently enacted country policies and applicable sanctions.