The Process of Creating and Maintaining The List

Sonnenfeld List for Peace

The process of adding and removing companies from The List

How The Yale Researchers Do It

They have a team of experts with backgrounds in financial analysis, economics, accounting, strategy, governance, geopolitics, and Eurasian affairs with collective fluency in ten languages including Russian, Ukrainian, German, French, Italian, Spanish, Chinese, Hindi, Polish and English. They compile this unique dataset using both public sources such as government regulatory filings, tax documents, company statements, financial analyst reports, Bloomberg, FactSet, MSCI, S&P Capital IQ, Thomson Reuters and business media from 166 countries. In addition, they utilize non-public sources, including a global wiki-style network of 250+ company insiders, whistleblowers and executive contacts including people inside Russia reporting on company activities. 

The Categories

The Yale Research Categories (in terms of the amount of business exposure in Russia):

Grade: A — Clean Break – Surgical Removal, Resection (Companies that are totally halting Russian engagements or completely exiting Russia.)

Grade: B — Keeping Options Open for Return (Companies that are temporarily curtailing most or nearly all operations while keeping their return options open.)

Grade: C — Reducing Current Operations  (Companies that are scaling back some significant business operations but continuing some others.)

Grade: D — Holding Off New Investments/Development (Companies that are postponing future planned investment/development/marketing while continuing substantive business.)

Grade: F — Defying Demands for Exit or Reduction of Activities  (Companies that are continuing business-as-usual in Russia.)