Buckingham Palace Revokes Royal Warrants from Kimberly-Clark and Samsung

Buckingham Palace revokes royal warrants of Kimberly-Clark and Samsung due to their continued operations in Russia amid the Ukraine war. The move is part of a review of almost 800 royal warrants triggered by Queen Elizabeth II's death in 2022.

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Buckingham Palace Revokes Royal Warrants from Kimberly-Clark and Samsung

Buckingham Palace Revokes Royal Warrants from Kimberly-Clark and Samsung

Buckingham Palace has revoked the royal warrants of Kimberly-Clark and Samsung due to their continued operations in Russia amid the ongoing war in Ukraine. The decision comes as part of a major review of almost 800 royal warrants triggered by the death of Queen Elizabeth II in September 2022.

Why this matters: This move sets a precedent for companies doing business with the British monarchy, highlighting the importance of ethical considerations in their operations. The revocation of royal warrants may prompt other companies to reevaluate their ties with Russia, potentially impacting the country's economy and its ability to continue the war in Ukraine.

Royal warrants are a mark of recognition granted to companies who supply goods or services to the Royal Households. Kimberly-Clark, known for brands like Kleenex and Huggies, and electronics giant Samsung previously held warrants granted by King Charles III when he was the Prince of Wales.

The palace's decision to strip these companies of their royal warrants sends a strong message about the unacceptability of doing business in Russia while its invasion of Ukraine continues. However, some activists argue the move does not go far enough. A spokesman for B4 Ukraine, a coalition of pro-Ukrainian organizations, stated, "The palace's silence on the 14 royal warrant holders still doing business in Russia is a lost opportunity to save human lives in Ukraine. Every pound paid in corporation tax helps sustain the Kremlin's war economy and its army's abuses."

Other major companies with Russian ties, including Nestlé, Unilever, Mondelez (owner of Cadbury), Reckitt, and flooring manufacturer Forbo, remain under review. The Ukrainian government has accused these firms of being "international sponsors of war" through their continued Russian operations.

King Charles III has previously voiced support for Ukraine, expressing that his "heart goes out to all those affected" by the conflict. The revocation of Kimberly-Clark and Samsung's royal warrants aligns with this sentiment, but pressure remains on the palace to take a harder line against other warrant holders who have not withdrawn from Russia.

As the review of the royal warrants continues, the palace's decisions will send important signals about the values and standards expected of companies associated with the British monarchy. For Kimberly-Clark, Samsung, and potentially other firms, the loss of this prestigious status may serve as a wake-up call about the reputational risks of maintaining business ties to Russia during its ongoing aggression in Ukraine.

Key Takeaways

  • Buckingham Palace revokes royal warrants of Kimberly-Clark and Samsung due to Russian operations.
  • Move sets precedent for companies doing business with British monarchy, emphasizing ethical considerations.
  • Royal warrants are a mark of recognition for companies supplying goods/services to Royal Households.
  • Other companies with Russian ties, including Nestlé and Unilever, remain under review.
  • Palace's decisions will send signals about values and standards expected of associated companies.