The west has severed trading relationships with Vladimir Putin’s Russia on a scale thought unimaginable only a week ago. As tanks edge towards Ukraine’s capital Kyiv, governments around the world have taken coordinated action, using sanctions to target Russia’s banking system, state-controlled companies and powerful oligarchs. Under self-imposed restrictions, companies in Europe and the US have followed suit, with energy firms severing corporate ties and brands refusing to export their consumer goods. Here are the actions taken so far:

Banking

The day after Russia invaded Ukraine, excluding Russian banks from Swift was described by one EU minister as a “very last resort”. Now it is happening: under EU sanctions, seven Russian banks, including VTB, the second-largest, will be excluded from Belgian-based Swift, the bank messaging system that underpins global trade.

Being locked out of the world’s dominant bank messaging system means Russia will have to resort to more cumbersome alternatives, possibly fax machines, although Russia’s central bank says it has a domestic equivalent.

Sberbank and Gazprombank, Russia’s largest and third-largest lenders, which are used for oil and gas payments, were not cut off from Swift. These banks, however, have been under sanctions limiting their access to EU capital markets since Russia’s annexation of Crimea in 2014.

In another unprecedented strike against a G20 economy, Brussels, Washington and London have banned Russia’s central bank from accessing foreign currency reserves – a devastating move when a sizeable chunk of its $640bn war chest is held in dollars, euros and sterling. This will make it much harder for Russia’s central bank to prop up the rouble, which crashed to a record low on Monday, threatening rampant inflation and a crisis in living standards for ordinary Russians.

Oligarchs

The UK government has blacklisted a handful of business people already subject to US sanctions and claims to be preparing a “hitlist” of oligarchs with links to Putin, but has taken no action so far.

However, Boris Johnson has backed the formation of a property register that would identify Russian oligarchs, a move that the Labour MP Chris Bryant said prompted Chelsea owner and Russian billionaire Roman Abramovich to begin selling his £200m portfolio of homes.

Officials in Brussels have already moved to ban prominent individuals from travelling to and from the EU and frozen the assets they hold in the region, along with 53 businesses and organisations connected to the Russian state.

Alexei Mordashov, who owns a third of the London-listed tour operator Tui – Europe’s biggest – is on the EU list. Igor Sechin, 61, the chief executive of Rosneft, the state oil company and one of the world’s largest crude oil producers, is another in the EU’s sights.

Sergei Roldugin, 71, the former principal cellist of the Kirov Opera Theatre’s orchestra in the 1980s and godfather to Putin’s eldest daughter, Maria, is also among those it is claimed are threatening the territorial integrity of Ukraine.

Aviation and shipping

At least 30 countries have banned Russian planes from their airspace, deepening Russia’s isolation from the world. The US became the latest to announce a prohibition of all Russian passenger, cargo and charter flights, joining Canada, the EU and the UK. Moscow has responded with tit-for-tat bans that end the busy flow of traffic in the skies. Before the ban, 300 flights a day left Russia to land or fly over the EU, while EU carriers landed 50 planes and flew 90 over the world’s biggest country by land area. In a move targeting oligarchs, Russian nationals will not be able to charter planes to fly into the EU or use private jets in the UK.

The move will also impose costs on western planes bound for Asia that will be obliged to make costly and time-consuming detours around Siberia. EU officials estimate an extra four hours could be added to a flight from northern Europe to an Asian destination.

Western governments are also considering further bans on marine traffic after the UK became the first to announce it would stop ships and yachts “with any Russian connection” docking at its ports. The European parliament has urged the EU to enact this policy and officials think it is likely to be adopted.

Brands

Apple said it was pausing sales in Russia while Nike prevented Russian customers from buying online, joining a growing list of companies to distance themselves from the country in response to its invasion of Ukraine.

Nike confirmed it was switching off web sales in Russia, although the brand said on its Russian website that shoppers could visit local Nike stores, of which there are several in Moscow, St Petersburg and other cities.

Meta, which owns Facebook, said posts from Russian state media are no longer being recommended to users by Facebook’s algorithm, with Instagram to soon follow suit, according to the tech news website, The Verge. This development comes after the company said it restricted access to Russian state media accounts in Ukraine, blocked Russian state media from running ads on the platform and said it took down posts related to a disinformation campaign targeting Ukraine.

The carmaker Ford suspended its commercial van joint venture in Russia “until further notice”. It is among several automakers, including rival General Motors, Jaguar Land Rover and Renault, to halt sales and operations in Russia in the last few days.

Adidas, Europe’s largest sportswear manufacturer, suspended its partnership with the Russian Football Union, while The Walt Disney Company, which owns Marvel Studios, 20th Century Studios and Pixar, said it was pausing its release of films in Russia, including its anticipated Pixar film Turning Red, “given the unprovoked invasion of Ukraine and the tragic humanitarian crisis”.

A spokesperson for Netflix told The Wall Street Journal that “given the current situation” the streaming service has no plans to distribute news, sports and entertainment channels from Russian state media, despite a new Russian regulation that requires organisations with more than 100,000 subscribers to carry them, according to a source familiar with the matter.

The British online clothing retailer Asos suspended sales on Wednesday, saying trading in Russia was no longer “practical nor right”. Russia accounted for 4% of the group’s sales and contributed about £20m to profits last year.

Airbnb said it will provide free, short-term housing for 100,000 refugees who have fled Ukraine, which will be paid for by the company and through donations.

In the same vein, the online marketplace Etsy said it was cancelling all balances owed to the company by sellers in Ukraine, including listing and advertising fees, amounting to roughly $4m (£3m), to alleviate financial hardships felt by those in the country.

Energy companies

Russia’s largest foreign investor, BP, led the way with its surprising announcement on Sunday that it would exit its 20% stake in state-controlled Rosneft, a move that could result in a $25bn write-off and cut its global oil and gas production by a third.

Shell will end its joint ventures with Russian state energy firm Gazprom, which are worth about $3bn and were poised to generate huge profits for the company over the next 30 years.

The planned sales include its 27.5% stake in the Sakhalin-II liquefied natural gas facility, its 50% stake in the Salym Petroleum Development and the Gydan energy venture.

Shell will also end its involvement in the Nord Stream 2 pipeline project, in which it holds a 10% stake worth $1bn. Nord Stream 2 was halted by the German government after the invasion of Ukraine.

ExxonMobil, the US oil major, operates the Sakhalin-1 project on behalf of a consortium of Japanese, Indian and Russian companies. It said: “We are beginning the process to discontinue operations and developing steps to exit the Sakhalin-1 venture,” though it added that environmental and safety concerns meant this may take some time to complete.