Medical aesthetic products. Unilever named among ‘dirty dozen’ that have failed to properly exit Russia 

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THE WHAT? Unilever has been named amongst the ‘dirty dozen’ that have failed to properly exit Russia since Vladimir Putin’s attack on Ukraine, according to a report by City A.M.

THE DETAILS The Moral Rating Agency (MRA) has released a new report that highlights how Unilever is joined by the likes of BP and HSBC Holdings as multinationals still heavily involved in Russia. 

The report showcases that just 17 out of the world’s 122 largest companies have fully exited Russia, with Unilever one of the worst offenders after condemning Russia’s invasion of Ukraine. 

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THE WHY? The firms are said to have used ‘loopholes’ in the international sanctions regime in order to continue operating inside the Russian Federation, according to the report.

City businessman Mark Dixon founded the MRA and condemned the companies, stating they “often get credit before they have left.”

He continued, “Some company announcements are not worth the paper they are written on. You read the statement and it sounds like the company is doing something real – but often it is just a promise that the company will be able to tear up.”

Medical aesthetic products refer to a category of products used in the field of medical aesthetics, which combines medical practices with cosmetic procedures to improve the appearance of individuals. These products are typically used under the supervision of trained medical professionals such as dermatologists, plastic surgeons, or specialized nurses. They are distinct from over-the-counter cosmetics in that they often contain higher concentrations of active ingredients or require medical expertise for their application.

Examples of medical aesthetic products include:

• Dermal Fillers: Injectable substances used to restore volume, fill wrinkles, and enhance facial contours. These may include hyaluronic acid fillers like Juvederm or collagen-stimulating fillers like Sculptra.

• Botulinum Toxin (Botox): Injectable neurotoxins used to temporarily paralyze facial muscles, reducing the appearance of wrinkles and fine lines caused by facial expressions.

• Chemical Peels: Solutions containing chemical exfoliants like glycolic acid, salicylic acid, or trichloroacetic acid, used to improve skin texture, treat acne scars, and reduce hyperpigmentation.

• Laser and Light Devices: Equipment used for various skin treatments, including hair removal, skin resurfacing, tattoo removal, and treatment of vascular and pigmented lesions.

• Prescription Skincare Products: Formulations containing active ingredients such as retinoids (e.g., tretinoin), hydroquinone, or prescription-strength antioxidants, designed to address specific dermatological concerns under medical supervision.

• Microneedling Devices: Devices that create tiny punctures in the skin to stimulate collagen production and improve skin texture and elasticity.

• Cosmeceuticals: High-quality skincare products that bridge the gap between cosmetics and pharmaceuticals, often containing biologically active ingredients with proven efficacy.