“I have now had the opportunity to review the presence of our business in Russia and I have listened carefully to our stakeholders and many experts on this matter.
“After looking at the situation in detail, it is clear that the containment actions we have taken minimise Unilever’s economic contribution to the Russian state.
“However, I understand why there are calls for our company to leave the country and we continue to look at our options, within a context that has become more complex following recent regulatory developments in Russia.
“We remain steadfast in our condemnation of the war in Ukraine.”