Written by Luis Corrons | Security Evangelist at Gen

Gen Blog | Insights

Cybercriminals often operate unseen in the digital shadows, exploiting unknown vulnerabilities (“zero-days”) to breach systems before patches are available. In Netflix’s new political thriller “Zero Day,” a catastrophic cyberattack strikes the United States, taking down power grids, transportation networks, communications, and even hospital life-support systems all at once. This fictional crisis is orchestrated through zero-day vulnerabilities – unknown software flaws that hackers exploit to infiltrate critical infrastructure. The show’s creators have said they want to “bring light to real cybersecurity threats” and warn that “we’ve got to do something to protect ourselves before a real zero-day event occurs”. In other words, the high-stakes drama on screen highlights a very real concern off screen: zero-day attacks can and do happen, and everyone – from large enterprises to everyday people – needs to understand this threat.

What is a Zero-Day Vulnerability? 

In simple terms, a zero-day vulnerability is a security hole in software or hardware that the vendor or developer doesn’t yet know about. Because it’s unknown, there’s no official fix or patch available at the time it’s discovered by attackers. Hackers treasure these flaws since they can exploit them freely until the software maker finds out and rushes to plug the hole. The name “zero-day” itself comes from the idea that developers have had zero days to fix the problem – the attack happens before anyone even knows the vulnerability exists. Once a patch is released, the vulnerability ceases to be “zero-day,” but until then it’s an open door for cybercriminals. In short, a zero-day is an unpatched, unknown weakness – and that’s what makes it so dangerous.

A zero-day exploit, on the other hand, is the method or code hackers use to leverage such a vulnerability. When attackers launch a zero-day attack, they are taking advantage of a flaw that no one realizes is there, giving them a stealthy head start. Software makers often only learn of the issue after it’s been used in an attack, at which point they scramble to investigate and release a security update. This window of exposure – from the first malicious use until the patch – is when users are most vulnerable, since traditional antivirus or defenses might not recognize the new threat. It’s a race against time for defenders to close the gap once a zero-day comes to light.

Real-World Cases of Zero-Day Exploits 

Real incidents over the years show just how impactful zero-day exploits can be. One of the most famous examples is Stuxnet (2010) – a sophisticated computer worm that was first discovered in 2010 (but had been active for years prior). Stuxnet targeted Iran’s nuclear facilities and managed to disrupt industrial machines by exploiting multiple zero-day flaws in Siemens industrial control software. It was essentially a cyber weapon, using at least four previously unknown vulnerabilities to spread and sabotage systems. Once Stuxnet was uncovered, those vulnerabilities were urgently patched, but the case became a textbook example of a zero-day attack in action – so much so that it even inspired a documentary called “Zero Days.”

Another notorious case was the WannaCry ransomware outbreak (2017), which showed how zero-day exploits could wreak havoc on ordinary computer systems worldwide. WannaCry spread rapidly across hundreds of thousands of Windows PCs in May 2017, encrypting files and demanding ransom. It propagated using an exploit called EternalBlue, a tool originally developed (and kept secret) by the U.S. National Security Agency. EternalBlue took advantage of a Windows vulnerability that, at the time of its theft and leak, had no available patch – making it a zero-day in the attackers’ hands. In fact, Microsoft released a security update in March 2017 once they learned of the flaw, but many organizations had not applied it by May. The result: WannaCry tore through unpatched systems, from hospitals in the UK to small businesses worldwide. This attack was eventually halted and the vulnerability patched on all supported systems, but not before it caused an estimated billions in damage. WannaCry was a wake-up call that even when fixes exist, delay in applying them can turn a known bug into a personal disaster.

Zero-day exploits aren’t just tools of nation-states or large criminal gangs – they have also been used against consumer devices in highly targeted ways. For instance, Apple has repeatedly had to issue emergency iPhone updates to stop “zero-click” spyware attacks. In one campaign uncovered in 2023, attackers used a pair of zero-day vulnerabilities (one in Apple’s image processing and one in iMessage) to silently install the notorious Pegasus spyware on iPhones. This attack, dubbed “BLASTPASS,” didn’t even require the victim to click a link – a malicious image file sent via iMessage could compromise a fully up-to-date phone. Upon discovery, Apple rushed out patches for iOS, macOS, and watchOS to close the holes and protect users. Similarly, a zero-day bug in the popular WebP image format (used by web browsers) was identified in 2023 after being exploited in the wild. The flaw (CVE-2023-4863) allowed attackers to hack devices just by tricking users into loading a booby-trapped image, prompting Google, Microsoft, Apple, and Mozilla to all issue out-of-band updates to their browsers. These cases show that zero-days can hit anyone – whether you’re an activist with a smartphone or a casual web surfer – if you happen to be in the blast radius before the fix arrives.

Small and medium businesses have also been victims of zero-day exploits. A dramatic example was the Kaseya VSA supply-chain attack (2021). REvil, a ransomware gang, discovered unknown vulnerabilities in Kaseya’s IT management software (widely used by managed service providers to support many SMB clients). On July 2, 2021 – before Kaseya could patch the issues – the attackers used those zero-days to breach about 60 MSPs and encrypt data on up to 1,500 customer networks downstream. This one attack effectively held hundreds of small businesses hostage, from local shops to schools, by exploiting a hidden flaw in software they all trusted. Kaseya worked quickly with researchers and law enforcement to develop a patch and help affected companies, but the incident underscored how a zero-day in a single service can cascade into a massive event.

These examples are not outliers. Zero-day exploits have become increasingly common in cyberattacks. In fact, in 2023, 11 of the top 15 most exploited software vulnerabilities were initially abused as zero-days – meaning attackers got the first strike before developers had any chance to fix those flaws. From industrial sabotage to global malware outbreaks, zero-day vulnerabilities have repeatedly been at the center of real-world security crises. Each time, the pattern is similar: a flaw nobody knew existed gets used for harm, and only then does a fix race out to contain the damage.

How Zero-Days Impact Individuals and SMBs 

It’s easy to assume that zero-day attacks only matter for governments or big corporations, but that’s a dangerous misconception. While high-profile targets grab headlines, everyday individuals and small businesses are also at risk from zero-day exploits. Many zero-day attacks aren’t specifically aimed at a single high-value victim – instead, attackers may deploy them broadly, hoping to compromise as many devices as possible before the vulnerability is patched. In these cases, regular users can become collateral damage. For example, a zero-day embedded in a malicious website or email attachment doesn’t discriminate between a Fortune 500 company employee or a home user – anyone who visits that site or opens that booby-trapped file could be infected. This kind of tactic can ensnare individual consumers, leading to financial theft and privacy breaches, all from a hidden flaw that users had no way to know about or defend against at the time.

For small and medium-sized businesses (SMBs), zero-days are equally perilous. SMBs often rely on off-the-shelf software and devices (operating systems, routers, content management systems, etc.) that can contain unknown vulnerabilities just like those used by larger enterprises. The difference is that smaller organizations typically have fewer IT resources and less sophisticated security measures in place. That makes them attractive targets for cybercriminals, who may use zero-day exploits as a foot in the door. An attacker might unleash a ransomware worm built on a zero-day that tears through any network it can reach – hitting not only big companies but also small businesses that lack advanced defenses. We’ve seen cases where non-targeted zero-day attacks (like self-spreading malware) ended up infecting thousands of computers globally, many of them personal PCs and small business servers that just happened to be vulnerable. Even targeted attacks can spill over; for instance, a zero-day used to attack a software supplier (as in the Kaseya example) can indirectly affect dozens or hundreds of client businesses down the supply chain. The bottom line is that zero-days erase the notion of “too small to be noticed.” If you use technology – whether at home or at work – an unpatched unknown flaw in that technology could be exploited without warning. The impact might be stolen data, locked-up systems, or devices conscripted into a botnet. For an individual, that could mean identity theft or drained bank accounts; for an SMB, it could mean costly downtime, loss of customer trust, or worse. In short, zero-day vulnerabilities are everyone’s problem, not just an issue for tech giants or governments.

Best Practices to Stay Protected 

The idea of invisible software flaws might sound scary, but there are many practical steps you can take to reduce your risk from zero-day threats. Cybersecurity is about managing risk and limiting exposure, and even against unknown exploits, the following best practices make a big difference:

  • Keep your devices and software updated. When vendors release security patches (often in routine updates), install them promptly. Many zero-day attacks only succeed until a fix is available – once patched, the threat is neutralized. Enabling automatic updates on your operating system, applications, and phone ensures you get these critical patches as soon as they come down. Regular updates close the holes that attackers might otherwise use. As the WannaCry example showed, delaying patches can leave you vulnerable to an exploit that’s already been solved.
  • Use reputable security software. A good security solution can sometimes detect suspicious behavior even from new, unknown threats. Modern security software doesn’t rely solely on known virus signatures; it also looks at what programs are doing (heuristics and behavior analysis). While it may not catch every zero-day, it adds an extra layer of defense that could stop or contain an attack. Make sure your security software stays up to date so it can recognize the latest threats. Additionally, consider using a firewall (many operating systems include one by default) to block unauthorized connections, which can help limit the damage if some malware does get in.
  • Practice good cybersecurity hygiene. Many zero-day exploits still require some action to reach you – for instance, convincing you to open a file, click a link, or plug in an infected device. By staying vigilant with your online habits, you can avoid falling into those traps. This means: Don’t download attachments or software from untrusted or unknown sources. Be wary of unexpected emails or messages, especially those urging you to run macros or enable content in documents. Use strong, unique passwords (and a password manager) so that if one account is compromised it doesn’t unlock everything. And always enable 2 Factor Authentication (2FA) whenever is possible. Good habits act like a safety net, catching a lot of threats before they can ever execute, whether zero-day or not.
  • Beware of phishing – think before you click. Phishing is one of the most common ways attackers deliver exploits. A convincing scam email might lure you to a malicious website that quietly uses a zero-day to infect your computer, or get you to install a “document” that is actually malware. Always examine emails and texts critically: check the sender’s address, look for signs of hoaxes or urgency, and verify via other means if you get an odd request (like a supplier asking you to install an update or a “bank” emailing for login info). When in doubt, don’t click the link. This caution helps because even if a zero-day is involved, it often needs that initial hook to get to you.
  • Enable strong security settings and isolate where possible. For businesses, network segmentation (keeping critical systems separate) and least-privilege access (limiting user rights) can contain the blast radius of a zero-day attack. For individuals at home, simply enabling built-in security features can help – for example, make sure your web browser’s security settings are on default or high, use an ad-blocker or script blocker if you’re tech-savvy (to reduce the chance of encountering malicious scripts), and turn off any software features you don’t need that could introduce risk. If you own IoT devices (smart cameras, etc.), keep their firmware updated and avoid exposing them directly to the internet. Essentially, remove unnecessary targets and entry points from your environment.
  • Backup your data regularly. This won’t prevent an attack, but it can save you if the worst happens. If a zero-day powered ransomware or wiper malware strikes, having recent backups of your important files (and storing them offline or in a secure cloud service) means you can restore your system without paying ransom or losing everything. Test your backups occasionally to ensure they work. It’s a last-resort measure, but an essential part of resilience.

By following these practices, individuals and SMBs can significantly strengthen their defenses. You’re essentially making yourself a harder target and mitigating the fallout if something does slip by. No single tip is foolproof, especially against a brand-new exploit, but together these steps build a layered security posture. Think of it like home security: you lock the doors, install an alarm, and stay alert for suspicious activity – those precautions still matter even if the burglar has a new kind of lockpick. The same principle applies in cybersecurity.

Conclusion 

Zero-day vulnerabilities might sound like the stuff of thrillers – and indeed, “Zero Day” on Netflix dramatizes an extreme scenario – but the core threat is very real. In the real world, we won’t (hopefully) see an entire nation knocked offline in an instant, but we do see stealthy hacks, data breaches, and malware outbreaks powered by unknown flaws. The key lesson is that awareness and preparedness make a difference. You may not be able to prevent a determined attacker from discovering the next zero-day, but you can control how ready you are to respond. Keeping systems up to date, practicing smart online behavior, and maintaining good security basics will tilt the odds in your favor. For businesses, investing in proactive security monitoring and employee training can catch anomalies that hint at zero-day activity, buying valuable time to react. For individuals, staying informed (like knowing when there’s a critical update to install) and using the tools at your disposal will greatly reduce the chances of being caught off-guard.

In the end, zero-days remind us that no software is perfectly secure – there may always be a hidden crack. But by staying vigilant and proactive, we can shrink the window of opportunity for attackers. The fictional crisis in “Zero Day” makes for gripping entertainment; our job in reality is to ensure such disasters remain fiction. By applying the best practices and encouraging a culture of cybersecurity awareness, we can each do our part to protect ourselves and our businesses from the unseen threats lurking out there. Be aware, be prepared, and stay updated – that’s the real-world playbook to defend against zero-day vulnerabilities. Your future self (and your data) will thank you for it.

OSLO, Norway, April 30, 2025 /PRNewswire/ — The annual general meeting of Elkem ASA was held on 30 April 2025 in Oslo. All proposals on the agenda were adopted, cf. the notice of the annual general meeting that was sent to the Oslo Stock Exchange on 8 April 2025.

The minutes of the annual general meeting is attached and available on www.elkem.com.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

For further information, please contact:
Odd-Geir Lyngstad
VP Finance & Investor Relations
Tel: +47 976 72 806
Email: odd-geir.lyngstad@elkem.com 

About Elkem:
Elkem is one of the world’s leading providers of advanced silicon-based materials shaping a better and more sustainable future. The company develops silicones, silicon products and carbon solutions by combining natural raw materials, renewable energy and human ingenuity. Elkem helps its customers create and improve essential innovations like electric mobility, digital communications, health and personal care as well as smarter and more sustainable cities. With a strong track record since 1904, its global team of more than 7,200 people has a joint commitment to stakeholders: Delivering your potential. In 2024, Elkem achieved an operating income of NOK 33 billion. Elkem has been awarded top score of A on Forests and Water Security, and B on Climate Change from CDP. Elkem is listed on the Oslo Stock Exchange (ticker: ELK), where the company is also included in the ESG Index. www.elkem.com

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Elkem ASA – minutes from the annual general meeting 30 April 2025

 

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Report showcases YOFC’s efforts to align cutting-edge fibre technology with global sustainability goals, ethical governance, and long-term stakeholder value

WUHAN, China, April 30, 2025 On April 29, Yangtze Optical Fibre and Cable Joint Stock Limited Company (YOFC) released its 2024 Environmental, Social, and Governance (ESG) Report, outlining the company’s strategic initiatives and key achievements in sustainability over the past year. Since joining the United Nations Global Compact in May 2021, YOFC has consistently aligned its growth strategy with global sustainability goals. The company actively supports the United Nations Sustainable Development Goals (SDGs) and demonstrates its commitment to sustainability by driving industry advancement, protecting the natural environment, and maintaining high ethical standards. YOFC remains focused on contributing to the long-term success of the global communications industry while partnering across sectors to advance a shared sustainability vision.

In the area of corporate governance, YOFC remains committed to delivering long-term value to stakeholders through continuous improvements to its governance framework and adherence to high standards of ethics and compliance. Currently, YOFC is actively undertaking a double materiality assessment, evaluating both the impact materiality and financial materiality of ESG issues, to fully and effectively respond to stakeholder concerns and expectations. In 2024, YOFC further enhanced its ethical standards by embedding integrity into its core values and introducing a new Employee Code of Business Conduct, as well as a Code of Business Conduct for Third Parties, reinforcing its position as a responsible corporate citizen committed to building a sustainable operating environment.

As part of its environmental stewardship efforts, YOFC continued to execute its green strategy, prioritizing sustainable operations, energy-efficient facilities, and environmentally responsible products. To address climate and environmental risks, the company implemented initiatives across product design, raw material sourcing, logistics, and operations that emphasize energy efficiency, emissions reduction, and circular economy practices. In 2024, YOFC actively participated in renewable energy purchasing across both domestic and international markets. The company expanded its distributed photovoltaic capacity by approximately 15.6 megawatts and adopted recyclable, environmentally friendly packaging, enabling the reuse of approximately 350,000 fibre reels over the course of the year. YOFC also recorded a total carbon reduction of approximately 24,291 tonnes and achieved a 3.78% year-over-year decline in greenhouse gas emissions per 10,000 RMB of output value. 

As of the end of 2024, the company held more than 1,900 active and valid patents across domestic and international markets. Among its key innovations, YOFC’s ultra-low-loss hollow-core optical fibre has played a leading role in pushing the boundaries of technological advancement within the sector. Alongside its industry leadership, YOFC continues to invest in its people, recognizing employee development as critical to its long-term success. In 2024, the company launched a range of employee engagement and welfare initiatives across its facilities in Peru, Mexico, the Philippines, Indonesia, and Poland. These programs are designed to enhance internal communication and personal development, build workforce capability, support local talent, and contribute to broader social progress.

Looking ahead, YOFC will continue to support the ten principles of the United Nations Global Compact, actively reinforcing its core values of “Customer Focus, Accountability, Integrity, Innovation, and Shared Success.” The company will further advance its strategic priorities in the areas of Responsible Management, Smart Connectivity, Green Development, and Harmonious Coexistence. Through meaningful action and cross-sector collaboration, YOFC is committed to shaping a more sustainable future.

For more info, please visit https://en.yofc.com/.

 

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SOURCE YOFC

Report showcases YOFC’s efforts to align cutting-edge fibre technology with global sustainability goals, ethical governance, and long-term stakeholder value

WUHAN, China, April 30, 2025 /PRNewswire/ — On April 29, Yangtze Optical Fibre and Cable Joint Stock Limited Company (YOFC) released its 2024 Environmental, Social, and Governance (ESG) Report, outlining the company’s strategic initiatives and key achievements in sustainability over the past year. Since joining the United Nations Global Compact in May 2021, YOFC has consistently aligned its growth strategy with global sustainability goals. The company actively supports the United Nations Sustainable Development Goals (SDGs) and demonstrates its commitment to sustainability by driving industry advancement, protecting the natural environment, and maintaining high ethical standards. YOFC remains focused on contributing to the long-term success of the global communications industry while partnering across sectors to advance a shared sustainability vision.

In the area of corporate governance, YOFC remains committed to delivering long-term value to stakeholders through continuous improvements to its governance framework and adherence to high standards of ethics and compliance. Currently, YOFC is actively undertaking a double materiality assessment, evaluating both the impact materiality and financial materiality of ESG issues, to fully and effectively respond to stakeholder concerns and expectations. In 2024, YOFC further enhanced its ethical standards by embedding integrity into its core values and introducing a new Employee Code of Business Conduct, as well as a Code of Business Conduct for Third Parties, reinforcing its position as a responsible corporate citizen committed to building a sustainable operating environment.

As part of its environmental stewardship efforts, YOFC continued to execute its green strategy, prioritizing sustainable operations, energy-efficient facilities, and environmentally responsible products. To address climate and environmental risks, the company implemented initiatives across product design, raw material sourcing, logistics, and operations that emphasize energy efficiency, emissions reduction, and circular economy practices. In 2024, YOFC actively participated in renewable energy purchasing across both domestic and international markets. The company expanded its distributed photovoltaic capacity by approximately 15.6 megawatts and adopted recyclable, environmentally friendly packaging, enabling the reuse of approximately 350,000 fibre reels over the course of the year. YOFC also recorded a total carbon reduction of approximately 24,291 tonnes and achieved a 3.78% year-over-year decline in greenhouse gas emissions per 10,000 RMB of output value. 

As of the end of 2024, the company held more than 1,900 active and valid patents across domestic and international markets. Among its key innovations, YOFC’s ultra-low-loss hollow-core optical fibre has played a leading role in pushing the boundaries of technological advancement within the sector. Alongside its industry leadership, YOFC continues to invest in its people, recognizing employee development as critical to its long-term success. In 2024, the company launched a range of employee engagement and welfare initiatives across its facilities in Peru, Mexico, the Philippines, Indonesia, and Poland. These programs are designed to enhance internal communication and personal development, build workforce capability, support local talent, and contribute to broader social progress.

Looking ahead, YOFC will continue to support the ten principles of the United Nations Global Compact, actively reinforcing its core values of “Customer Focus, Accountability, Integrity, Innovation, and Shared Success.” The company will further advance its strategic priorities in the areas of Responsible Management, Smart Connectivity, Green Development, and Harmonious Coexistence. Through meaningful action and cross-sector collaboration, YOFC is committed to shaping a more sustainable future.

For more info, please visit https://en.yofc.com/.

 

 

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GUANGZHOU, China, April 30, 2025 /PRNewswire/ — Global lifestyle brand MINISO recently released its 2024 ESG (Environment, Society and Governance) Report, which underscores how the brand is contributing to brighter futures across many aspects – from philanthropic contributions to staff welfare and sustainable innovation. Significantly, the report highlights MINISO’s performance in the authoritative MSCI ESG and Wind ESG ratings. MINISO has been given an AA rating by MSCI – making MINISO a “leader” in its field and marking the third year of consecutive improvement in its ranking considering factors such as Corporate Behavior, Privacy & Data Security, and Labor Management. Wind, meanwhile, has also awarded MINISO an AA rating for the second consecutive year, ranking first in the diversified retail industry with a leading and practical sustainability strategy.

2024 Environmental, Social and Governance Report

Ye Guofu, Chairman of the Board and CEO of MINISO, said: “We consistently uphold the highest governance standards and regularly review related initiatives, while integrating ESG principles into every facet of our business and operations to create long-term, sustainable value for society.”

MSCI ESG Rating

Award-winning Employee Welfare Creates a Global Benchmark Workplace

Talent is the cornerstone of a company’s long-term and stable development. MINISO actively promotes the diversity, fairness and inclusion of its workforce and continuously improves its employee management systems. According to the MSCI rating report, MINISO is at the leading level in the industry in terms of labor management.

MINISO has a total of 7,003 full-time employees globally as of December 31, 2024, with 60.8% located overseas. What’s more, the localization rate of store managers in directly operated markets such as Vietnam was 100%, and the number of employees from ethnic minority backgrounds in mainland China increased to 77. These figures represent the diversity of MINISO’s employee structure. MINISO is also committed to maintaining a family-friendly and harmoniously inclusive workplace atmosphere for all employees, no matter their gender. In mainland China, female employees account for 65%, with 55.9% employee at manager level and above, surpassing the industry average.

To ensure employees feel valued and supported, MINISO invests significantly in employee welfare, leading to it winning “2024 Forbes China Best Employer-Most Popular Employer Among Employees” and “2024 DEI Employer Award” in the selection of the best employer brands of major global institutions. Such schemes include creating a RMB10 million budget for employee marriage and childbirth rewards, with nearly RMB2 million already disbursed as of March 2025. MINISO also hosted its inaugural group wedding ceremony, offering a romantic and wonderful experience for its newlywed employees, demonstrating its commitment to contributing to a family-friendly society. MINISO has also granted stock incentives to roughly 500 employees, including Directors, senior management and other employees, while establishing a number of special welfare bonuses such as “Long-Term Commitment Employee Award”, “Allowance for Employees in Hardship” and “Store Grievance Special Allowance” to comprehensively enhance employees’ sense of happiness and belonging.

Spreading Joy to Communities through Diverse Public Welfare Initiatives

MINISO is dedicated to sharing its “Joy Philosophy” and empowering global consumers to enjoy happy lives. It therefore attaches great importance to the integration of social responsibility practices into its corporate development. MINISO’s public welfare initiatives are primarily focused on five key charitable themes: “children”, “women”, “critical illnesses”, “disasters” and “pets”.

Among its diverse initiatives, the “MINISO Pet Protection Foundation (the “TA Foundation”) is MINISO’s core public welfare project. In 2023, MINISO joined hands with Beijing Loving Animal Protection Public Welfare Foundation to donate RMB10 million to establish the fund, and convey the scientific concept of pet protection with professional, caring and symbiotic public welfare concepts and actions. In 2024, the joint MINISO and TA Foundation successfully adopted 380 stray animals and more than 110 retired working dogs into new families, facilitated 388 stray cat sterilizations and donated 2,000 stray cat litters. Through special “Dedicated Zone of Blue for Public Welfare” product areas, which saw an automatic RMB1 donation added, consumers contributed a total of RMB506,992 to the fund.

On-Site Adoption Event

Other initiatives included “Red Power” which donated sanitary products and educational materials to more than 1,000 students, the “Happy Reading for Children’s Dreams” initiative which donated more than 2,000 books and helped build “Yitong Reading Rooms” for left-behind children. MINISO’s overseas welfare programs have included distributing materials and food to communities in need in Malaysia, Ecuador, Bolivia, and more.

Green Responsibility Sets the Path for a Bright Future

In recent years, MINISO has fully integrated the concept of sustainable development into the overall operation of the company, and is committed to promoting a sustainable life through measures such as product innovation, climate change response, and green operations.

In terms of product innovation and responsibility, MINISO has developed 26 SKUs of Tritan plastic cups. At the same time, MINISO has replaced disposable plastics with paper-based materials in 37 SKUs, and 29 SKUs have been certified as “Biodegradable” by the Green Alliance. It has also launched green products such as Eco-Friendly PEN PEN plush toys certified by the Global Recycling Standard (GRS). In terms of green packaging, MINISO has carried out carton recycling in stores across China, with a recycling rate of more than 90%.

To cope with the challenges brought by global climate change, MINISO selected SP1 and SSP5, two future scenario models, for the first time based on the shared socio-economic pathways (SSPs) hypothesis adopted by the Intergovernmental Panel on Climate Change (IPCC) of the United Nations for climate change scenario analysis. This allows MINISO to enhance its ability to identify, assess and manage climate-related risks and opportunities.

In the future, MINISO aims to create more green products in categories including beauty tools, home decor, stationery, and toys, and choose Forest Stewardship Council (FSC) certified suppliers wherever possible. It will continue to develop “MINISO ECO”, which will be widely used in more of its Eco-Friendly products.

MINISO’s Eco-Friendly PEN PEN Plush Toy and Data Cable

To view the full MINISO 2024 ESG report, click the link here

About MINISO

MINISO Group is a global lifestyle brand offering a variety of design-led lifestyle products. The Company serves consumers primarily through its large network of MINISO stores, and promotes a relaxing, treasure-hunting and engaging shopping experience full of delightful surprises that appeals to all demographics. Aesthetically pleasing design, quality and affordability are at the core of every product in MINISO’s wide product portfolio, and the Company continually and frequently rolls out products with these qualities. Since the opening of its first store in China in 2013, the Company has built its flagship brand “MINISO” as a globally recognized retail brand and established a massive store network worldwide.

 

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SOURCE MINISO

底特律–(BUSINESS WIRE)–(美国商业资讯)– 增材制造商绿色贸易协会(AMGTA)是一个致力于通过3D打印和相关增材制造(AM)技术促进可持续发展和资源节约型制造的全球贸易组织,该组织于2025年4月7日在底特律辛诺拉酒店(Shinola Hotel)举行了2025年度成员峰会。来自世界各地的80多名代表出席了会议,并分享了实践和技术相关的真知灼见。 Siemens Energy北美总裁Rich Voorberg作为专题发言人,就增材制造能力如何改变备件库存、翻新和维护,以及如何通过简化供应链创造底线价值发表了演讲。 AMGTA执行董事Sherri Monroe与Manufacturing Technology Deployment Group总裁兼首席执行官Dean Bartles博士一对一探讨了美国及全球先进增材制造的现状。 小组讨论的其他主题包括:利用人工智能(AI)实现更可持续及更高效的制造、技术整合面临的技术和组织挑战,以及不确定性和全球市场波动所带来的机遇。 AMGTA表彰了成员组织在四个类别中的可持续成就,其中一些成员基于过去一年的活动表现而在多个类别

底特律–(BUSINESS WIRE)–(美國商業資訊)– 積層製造商綠色貿易協會(AMGTA)是一個致力於透過3D列印和相關積層製造(AM)技術促進永續發展和資源節約型製造的全球貿易組織,該組織於2025年4月7日在底特律辛諾拉飯店(Shinola Hotel)舉行了2025年度成員高峰會。來自世界各地的80多名代表出席了會議,並分享了實作和技術相關的真知灼見。 Siemens Energy北美總裁Rich Voorberg作為專題發言人,就積層製造能力如何改變備件庫存、翻新和維護,以及如何透過簡化供應鏈創造底線價值發表了演講。 AMGTA執行董事Sherri Monroe與Manufacturing Technology Deployment Group總裁暨執行長Dean Bartles博士一對一探討了美國及全球先進積層製造的現狀。 小組討論的其他主題包括:利用人工智慧(AI)實現更永續及更有效率的製造、技術整合面臨的技術和組織挑戰,以及不確定性和全球市場波動所帶來的機會。 AMGTA表彰了成員組織在四個類別中的永續成就,還有一些成員因過去一年的活動表現而在多個類別得到肯定

デトロイト–(BUSINESS WIRE)–(ビジネスワイヤ) — 3Dプリントや関連する付加製造(AM)テクノロジーを通じて持続可能かつ資源効率の高い製造方法の推進に取り組む世界的業界団体である積層造形事業者グリーン協会(AMGTA)が4月7日、デトロイトの Shinola Hotelで2025の年次メンバーサミットを開催しました。世界から80組を超える代表者が参加し、実践と技術の共有を行いました。 参加者は、基調講演者である北米シーメンス・エナジーの社長であるリッチ・フォーバーグ氏が、積層造形によってスペアパーツの在庫、改修、メンテナンスがどのように変革され、合理化されたサプライ チェーンを通じて最終的な価値が生み出されるかについて語られました。 AMGTAのエグゼクティブ・ディレクターのシェリ・モンローが、マニュファクチャリング・テクノロジー・デプロイメント・グループの社長兼CEOであるディーン・バートルズ氏と対談し、米国および世界各地の先進的製造技術と積層造形技術の現状について話し合いました。 追加のパネルディスカッションおよび小グループのディスカッションにおけるトピッ

DETROIT–(BUSINESS WIRE)–A Additive Manufacturer Green Trade Association (AMGTA), um grupo comercial mundial focado na promoção da manufatura sustentável e eficiente em termos de recursos por meio da impressão 3D e tecnologias relacionadas à manufatura aditiva (MA), realizou sua Cúpula Anual de Membros de 2025 em 7 de abril no The Shinola Hotel, em Detroit (EUA). Mais de 80 delegados do mundo inteiro participaram e contribuíram para o intercâmbio de práticas e tecnologias. As pessoas presentes

  • LG Energy Solution posts KRW 6.3 trillion in consolidated revenue and KRW 375 billion in operating profit in Q1 2025
  • Company returns to profitability through rigorous cost-cutting efforts
  • Company to focus on operational efficiency, cost reduction, and strategic business opportunities to cope with impacts from regulatory transitions this year

SEOUL, South Korea, April 29, 2025 /PRNewswire/ — LG Energy Solution (KRX: 373220) today announced its first-quarter earnings for 2025, turning a profit through rigorous cost-cutting efforts.

The company posted consolidated revenue of KRW 6.3 trillion, a 2.9 percent decrease quarter-on-quarter and 2.2 percent increase year-on-year. The operating profit was KRW

375 billion with an EBITDA[1] margin of 20 percent, marking a turn around to profitability. The operating profit includes the IRA tax credit amount of KRW 458 billion.  

“In the first quarter, we demonstrated solid shipments to North America and for newly launched EV models. However, as automakers continued their conservative approach to inventory management, our quarterly revenue declined compared to the last quarter,” said Chang Sil Lee, CFO of LG Energy Solution. “Nevertheless, we successfully returned to profitability in the first quarter as our efforts to reduce material costs and enhance cost efficiency came to fruition, with one-off items reflected in the previous quarter no longer playing base effect into Q1 profit,” Lee added. 

In the first quarter, LG Energy Solution has reallocated its production capacity in North America to better respond to market demands and address ongoing uncertainties. Namely, the company put the construction of its ESS battery plant in Arizona on hold and instead decided to first utilize the existing production capacity at its plant in Michigan, aiming to start producing LFP (lithium, iron, phosphate) batteries for ESS this year, a year earlier than planned.

Also, the company is in the process of acquiring the GM JV phase 3 in Michigan, which would significantly expand its footprint in North America. This move will also maximize the utilization of investments already undertaken by minimizing the facility’s downtime.

Alongside this strategic adjustment, LG Energy Solution continued to make notable achievements in both the EV and ESS businesses based on its strong product competitiveness. The company successfully expanded its customer portfolio for 46-Series cylindrical batteries to legacy automakers by securing a new 10GWh (annual) order from an established automaker in North America. It also won contracts from Polska Grupa Energetyczna (PGE) for grid-scale ESS batteries in Europe and Delta Electronics for residential ESS batteries (4GWh) in the U.S. The company also ventured into new applications, including solar EVs and offshore wind farms, as well as establishing its first European battery recycling joint venture facility with Derichebourg in France, which will establish 20,000 tons of annual preprocessing capacity to meet the EU’s battery recycling regulations and secure a metal supply chain.

Moving forward, as regulatory transitions such as U.S. tariffs and the EU’s industrial action plan for the automotive sector are expected to affect the battery industry broadly, LG Energy Solution will concentrate on streamlining operations and reducing costs this year, while actively pursuing strategic business opportunities.

It will focus on indispensable investments and proactively adjust the scale and speed of capacity expansion in response to changing market demands. It will also take a cautious approach to managing inventory for EV batteries, while accelerating the revenue expansion in its ESS business, which holds relatively higher growth potential.

At the same time, LG Energy Solution will continue to cultivate strategic business opportunities by continuing to secure future demands from its key customers with new products, including 46-Series cylindrical batteries. Simultaneously, it will proactively discover new applications for its cylindrical batteries, such as humanoid robots and drones.

To mitigate the impact of tariffs, the company will promote the local production of raw materials by collaborating with material companies entering North America. It will also accelerate the development and adoption of new technologies, such as dry electrodes, to lower production costs.

[1] EBITDA: Earnings before interest and tax

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About LG Energy Solution
LG Energy Solution (KRX: 373220), a split-off from LG Chem, is a leading global manufacturer of lithium-ion batteries for electric vehicles, mobility, IT, and energy storage systems. With 30 years of experience in revolutionary battery technology and extensive research and development (R&D), the company is the top battery-related patent holder in the world with over 69,600 patents. Its robust global network, which spans North America, Europe, and Asia, includes battery manufacturing facilities established through joint ventures with major automakers. Committed to building sustainable battery ecosystem, LG Energy Solution aims to achieve carbon neutrality across its value chain by 2050, while embodying the value of shared growth and promoting diverse and inclusive corporate culture. To learn more about LG Energy Solution’s ideas and innovations, visit https://news.lgensol.com.

Cision View original content:https://www.prnewswire.com/news-releases/lg-energy-solution-releases-2025-first-quarter-financial-results-302442001.html

SOURCE LG Energy Solution

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