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Aflac Global Investments Raises More Than $28,000 for Pediatric Cancer Research

Posted on October 10, 2025 by sHq_LoGiNz

The Aflac Global Investments team is proving that meaningful change often starts with a single step. For the third year in a row, a small group of volunteers from this New York City team has organized a group walk every day as part of Miles for Miracles, raising funds and awareness for pediatric cancer and blood disorders treatment and research — this year, walking a total of 9,474 miles and claiming the top spot for amount raised.

What began as a simple idea has quickly turned into a powerful movement of compassion and action. The walk reflects Aflac’s long-standing commitment to children and families affected by cancer and blood disorders. Inspired by the company’s 30-year partnership with the Aflac Cancer and Blood Disorders Center of Children’s Healthcare of Atlanta, the Global Investments team wanted to find their own way to contribute.

“We manage financial assets every day, but this effort is about investing in something far more important — help for children with cancer and blood disorders,” said Brad Dyslin, executive vice president, global chief investments officer and president of Aflac Global Investments. “Every mile we walk and every dollar we raise through Miles for Miracles brings us closer to a world where no child has to face cancer or a blood disorder.”

The group raised a total of $28,581 during this year’s Miles for Miracles event, bringing their three-year total to more than $61,000 with all proceeds benefiting childhood cancer and blood disorders programs. Beyond the fundraising impact, colleagues have been able to connect in new ways — sharing stories, cheering one another on, and uniting behind a cause bigger than themselves. During his recent visit to their Wall Street office, President of Aflac Incorporated and Aflac U.S. Virgil Miller joined their walk. This daily activity has strengthened bonds across the team and has been a great way to reinforce Aflac’s commitment to wellness.

“I am so proud of Global Investments for their initiative and passion, and I commend the entire team, under Brad Dyslin’s leadership, for putting The Aflac Way into action,” said Virgil. “With each step in Miles for Miracles, the Aflac Global Investments team is proving that small actions, fueled by heart and purpose, can add up to a giant leap toward curing pediatric cancer and blood disorders. Examples like this are what make every day ‘A Great Day at Aflac!’”

“It is inspiring to see how the Global Investments team rallied around this cause,” added Max Brodén, senior executive vice president and chief financial officer. “As CFO, I’m focused on numbers every day, but this effort is about more than numbers. This effort shows how we can use our collective energy and resources to make an impact on the lives of others.”

The Aflac Global Investments team hopes their efforts will inspire others across Aflac and beyond to get involved. Learn more about Aflac’s 30-year, $191 million commitment to those with pediatric cancer and blood disorders by visiting https://www.aflacchildhoodcancer.org/.

Aflac WWHQ |1932 Wynnton Road | Columbus, GA 31999

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EXP 10/26

TOMS Launches Contest to Celebrate Teachers Who Inspire and Uplift Their Communities

Posted on October 10, 2025 by sHq_LoGiNz

LOS ANGELES, Oct. 10, 2025 /PRNewswire/ — In honor of World Teachers’ Day, TOMS launched its first-ever TOMS Loves Teachers Contest, a nationwide initiative celebrating educators who lead with joy, confidence and purpose in and beyond the classroom.

“Teachers have always been at the heart of the TOMS community. Through this campaign, we’re honoring the incredible individuals who inspire, uplift, and spark joy in their students every day,” said Amber Tarshis, TOMS Chief Brand and Impact Officer.

From now through October 15, teachers and community members are invited to nominate an educator who embodies this spirit by uploading a photo and sharing a short story about their impact at TOMS.com/teachers.

All submissions will be reviewed by a judging panel before moving into a Public Voting Period from October 18–27. Winners will be announced on October 30.

Three teachers will be recognized for their exceptional impact:

One Grand Prize Winner will receive a $5,000 classroom fund and TOMS shoe wardrobe (valued at $600).
Two Runners-Up will each receive a $300 TOMS gift card.

“Teachers give so much to their communities. Now it’s our turn to give back,” said Tarshis. “We’re proud to celebrate educators from across the country, because better tomorrows for kids start with the support of great teachers.”

For more information and official rules, visit TOMSteachers.com/rules.

About TOMS
Founded in Venice Beach in 2006, TOMS brought a simple idea to life: that a pair of shoes could spark a global movement. What began with its iconic Alpargata has grown into a full lifestyle assortment for women, men and kids. Today, TOMS is sold in over 30 countries, available direct to consumers on over 10 regionalized websites and through a variety of global retail partners. Every purchase helps support children’s education, health and well-being. Since their founding, TOMS has given more than $200M USD in shoe donations and monetary grants to nonprofits, impacting over 105 million lives. As a Certified B Corporation, TOMS uses business as a force for good, building a legacy of Better Tomorrows with every pair.

Learn more at www.TOMS.com and follow @TOMS on social media.

Media Contact:
Michele Marie PR
TOMS@michelemariepr.com

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World Mental Health Day 2025: Empowering Minds, Breaking Barriers

Posted on October 10, 2025 by sHq_LoGiNz

At Viatris, we believe that mental health is an essential part of overall wellbeing. This World Mental Health Day, we reflect on the many ways our teams and partners around the world are helping to raise awareness, expand access, and create spaces of understanding for those living with mental health conditions.

Our work in 2024 included initiatives collectively aimed at promoting awareness, educating and training healthcare providers, conducting research and developing treatments with governments and institutions.

Promoting Awareness

Supported “Tear Away the Silence” live podcasts by ‘mentl,’ a United Arab Emirates mental health advocacy platform. The campaign reached approximately 5.5 million people, contributing to reducing stigma and empowering people’s mental health and wellbeing journeys.
Collaborated in Türkiye with the Association of Psychiatric Sciences and Research (PiBAD) on the “Hayata Varım” Mental Health Disease Awareness Campaign to break down barriers to mental health care access.
Continued to support the Yellow September Campaign, “Love Me, Love Myself,” in partnership with the Brazilian Association of Family, Friends and People with Affective Disorders (ABRATA).
Supported the “Words Matter” project in Mexico to educate the media on how to speak and write about mental health conditions and treatments.

Education and Training

Supported the development of a line of care guidelines in Brazil to improve access to care, reduce stigma and optimize diagnosis and treatment in primary care. The guidelines include clinical flowcharts, evidence-based treatment protocols, training for primary care doctors, continuous patient follow-up and integration with specialized mental health networks.

Government and Institutional Partnerships

Signed a Memorandum of Understanding (MoU) with the Egyptian Ministry of Health to provide funding for the “Your Health is Happiness” program, part of the government’s broader 100 Million Health program. The program aims to include mental health screening for 2 million people and addresses issues such as depression, anxiety, autism, and addictions to substances, gaming and the internet in addition to supporting public awareness campaigns and capacity.

Research and Treatment Development

Filed applications to the Ministry of Health, Labor and Welfare in Japan for approval of Effexor® to treat adults with generalized anxiety disorder, an indication for which no other treatment option is currently approved in Japan. Viatris in 2024 published Phase 3 study results into the treatment’s efficacy and safety.

Exploring Art in Spain to Understand and Address Mental Health

Also in 2024, the Viatris Foundation in Spain brought together psychiatrists and art experts for a unique event at the Museo Nacional Centro de Arte Reina Sofía to explore new ways to understand and talk about mental health. Participants at the “La Mente sobre el Lienzo” – or “Mind on Canvas” – event included a guided tour of some of the museum’s most iconic works and discussion about how art can offer comfort, support and provide an outlet for expression to people living with mental health conditions.

During the tour, various works were examined in depth, each linked to a psychiatric analysis. Each work served as a starting point for reflecting on how art can symbolize deep emotions, life experiences and internal struggles often faced by those living with mental health conditions.

Building Mission Resilience: Enhancing Cyber and Fraud Risk Governance for Not-for-Profits

Posted on October 10, 2025 by sHq_LoGiNz

Authored by Baker Tilly’s Norris James

Not-for-profit (NFP) leaders and boards are confronting a growing and often unseen threat, cyber and fraud risk. No longer confined to the information technology (IT) department, cybersecurity and fraudulent incidents now erode organizational trust, disrupt essential operations, drain financial resources and jeopardize the very mission not-for-profits serve. Ransomware can paralyze donor databases, phishing schemes reroute critical funds and data breaches can expose supporter information, putting relationships and reputations at risk.

The lesson is clear: cyber and fraud risk is not just about systems, it is about stewardship. For not-for-profit management and board members, the real test lies not in how firewalls are configured, but in how governance is exercised. Cyber resilience must be treated as an essential facet of fiduciary; mission continuity depends on it.

The expanding cyber risk landscape

Today’s cyber risks are more sophisticated, interconnected and consequential than ever. Key challenges for NFPs include:

External threats: Advanced phishing and ransomware campaigns that target unsuspected users and fundraising platforms
Internal threats: Fraud tied to vendor payments, treasury operations or credit card misuse often enabled by weak oversight
Converging risks: Cyber incidents that seamlessly evolve into financial crimes, combining technical disruption with regulatory penalties, legal liabilities and reputational fallout
Emerging vulnerabilities: AI-driven phishing campaigns, third-party vendor exposures and cloud misconfigurations extending risk beyond the organization’s perimeter

The implications are profound: cyber risk has evolved beyond a technical hazard managed by IT departments. It is now a governance priority, requiring an integrated oversight model that aligns asset protection, layered defenses, threat detection and response, financial controls and mission resilience under the board’s stewardship.

Smarter strategic questions

Leadership elevates oversight, clarifies strategic priorities and ensures resilience is built into organizational decision-making. Smarter strategic questions can be grouped into four key domains:

Assets and access

What are our most critical digital and financial assets, and who can access them?

Resilience and response

If our first line of defense failed, what safeguards would remain?
How quickly would we detect and contain a breach or fraudulent transaction?

Reputation and confidence

What aspects of our reputation are most vulnerable during a cyber incident?
Are our cybersecurity investments proportionate to our actual risk exposure or driven by vendor marketing?

Governance and culture

How actively is our board engaged in scenario planning for a live cyber or fraud event?
What cultural signals do leaders send daily, reinforcing vigilance or tolerating complacency?

These are not technical questions, they are governance questions that determine whether cyber resilience siloed within IT or becomes part of the organization’s long-term strategic foundation.

Governance as the linchpin

Times and again, fraud risk exposure in not-for-profits traces back not to outdated technology, but to lapses in governance. Common gaps include:

Inconsistent or absent policies for vendor approvals, treasury authority, bank signatories and expense disbursements
Weak access controls across donor, payroll, vendor and payment platforms
Lack of segregation of duties leaves organizations vulnerable to insider misuse or unintentional error

Without disciplined governance, even the most advanced cybersecurity tools can fail to protect an organization. With effective governance, technology becomes part of a broader culture of structural resilience that protects trust and mission.

A cyber resilience agenda: Four imperatives

To strengthen defenses and sustain trust, not-for-profit leaders should embrace a targeted resilience agenda, elevating cyber oversight as a strategic priority at the board level:

See through assumptions (assess vulnerabilities): Commission impendent reviews that test not only systems but also controls, policies and oversight processes. Never assume defense are sufficient until proven.
Close governance blind spots (strengthen governance): Codify and enforce financial and operational policies that eliminate structural weaknesses. Ensure that accountability frameworks connect fraud prevention, cyber oversight and fiduciary responsibility.
Invest with strategy, not hype (invest wisely in technology): Deploy advanced tools, such as endpoint detection, behavioral monitoring or incident response automation, where evidence shows actual risk exposure. Always integrate new tools within a layered defense strategy rather than relying on silver-bullet fixes.
Build a culture of vigilance (instill awareness): Cyber resilience is not episodic. It requires daily reinforcement through tone at the top, staff education and accountability mechanisms that normalize vigilance rather than treating it as an exception.

The leadership imperative

The reality is simple: cyber risk is not an IT problem; it is a leadership and board governance problem. It directly challenges donor confidence, financial integrity and mission continuity, making cyber resilience inseparable from fiduciary duty.
The defining question for every not-for-profit leader is: In safeguarding our digital and financial systems, are we truly protecting our mission?
Leaders who can answer “yes” will do more than defend infrastructure, they embed vigilance into governance, align investments with real risk and build resilience into strategy. Ultimately, these leaders won’t be defined by the cyber threats they faced, but by the trust they upheld and mission impact they sustained.

Baker Tilly can help

Our NFP-specialized cyber risk team can help your organization proactively protect and address its cybersecurity and IT risks. We can evaluate your current controls, deliver recommended improvements and provide assurance that your cybersecurity controls are working. Beyond cybersecurity, our board governance services facilitate enhanced decision-making and reinforce effective risk management practices.

Contact our team to learn more about how we can help drive your mission forward.

A Pathway for Change: Collaboration, Clarity and Action

Posted on October 10, 2025 by sHq_LoGiNz

By Rodolfo Perez, Ph.D.

IWBI is proudly collaborating with leading industry organizations to support efforts that can lead to improved transparency and other opportunities for buildings and organizations worldwide to unite in efforts to end modern slavery in the built environment.

What is modern slavery, and why does it matter?
Many of the people working on the extraction of raw materials, in the manufacturing of products or in the construction of a building are forcefully deprived of their fundamental human rights, where they are deceived or forced into exploitative situations that they cannot refuse or leave. Broadly, these situations are catalogued as “modern slavery” and may include human trafficking, forced labor and debt bondage. According to Walk Free’s Global Slavery Index, in 2021, 50 million people were living in modern slavery. Through passport retention and other coercive strategies, people are forced to work and live under inhumane conditions.

Construction and manufacturing are prone to exploitation, as labor shortages grow and sites can be staffed with coerced workers where lax regulation and lack of enforcement is the norm. The construction ecosystem accounts for more than 13% of global GDP and more than $13 trillion in spending worldwide (Global Construction Perspectives). Because of its disaggregated nature and the sheer number of raw and composite materials, construction is considered among the high risk sectors for forced labor. As supply chains are broad, complex and often unknown, the building sector can be susceptible to inadvertently supporting these harmful practices.

From identifying the challenge to driving solutions

Modern slavery is not exclusive to the construction and building product manufacturing industry. For example, the apparel and agricultural industries also are at risk for exploitation. The International Labour Organization (ILO) promotes decent work conditions and the adoption of fundamental conventions to protect workers’ rights around the world. Many legal frameworks and regulations promote awareness and transparency in the supply chain towards identifying modern slavery situations. Example regulations include Modern Slavery Acts of Australia (2018) and the UK (2015), the German Supply Chain Due Diligence Act, Canada’s Fighting Against Forced Labour and Child Labour in Supply Chains Act, and California’s Transparency in Supply Chains Act. The European Union’s Corporate Sustainability Reporting Directive (CSRD) requires large companies to disclose their efforts towards assessing and improving labor conditions in their supply chain through one of the European Sustainability Reporting Standards (ESRS S2, Workers in the Value Chain).

In addition to regulations, the urgency of the problem has prompted many companies to take actions to avoid direct or indirect engagement with modern slavery practices. Taking notes from playbooks first written by the apparel and food industries, certifications are becoming available for manufacturers and for sources of raw materials. Such programs may require demonstration of support for fundamental responsible labor practices through third-party verification of claims and onsite visits, plus chains of custody that clearly trace the origin of goods. Some companies perform labor audits to their suppliers and deeper in their supply chains. Still, the level of awareness and pervasiveness of the problem requires manufacturers of all scales to significantly ramp up efforts to improve their own labor conditions and demand labor dignity and traceability in their supply chains.

Companies can also support fair labor practices through their corporate policies and by vetting goods and services throughout their procurement processes. As a cultural and humanitarian center, Grace Farms Foundation has brought people together across sectors to advance the Design for Freedom Movement. Design for Freedom works to end modern slavery and eliminate forced and child labor in the building materials supply chain. Through the release of the Design for Freedom International Guidance & Toolkit, Grace Farms is raising awareness and promoting ethical practices within the built environment. The Toolkit provides background information on the scope of modern slavery, features high-risk raw and composite materials, areas where extraction and manufacturing has been particularly prone to exploitation, and provides tools and resources for architects, designers and contractors to explore material transparency and start conversations with manufacturers and suppliers about responsible supply chains.

“The design and construction sector has acknowledged responsible material procurement is not only a priority, but a critical lever for change. This industry recognition represents a shift that design is advancing beyond aesthetics, performance, and sustainability to now also incorporate human dignity. The Design for Freedom International Guidance & Toolkit is a comprehensive resource that can be used to enhance material transparency, accountability, and human rights due diligence.”
— Nora Rizzo, LEED AP BD+C, WELL AP, LFA | Ethical Materials Director, Grace Farms Foundation

The role of WELL
Building upon these initiatives, the WELL Building Standard includes two relevant strategies to help companies to assess and address modern slavery risks in their operations and supply chains.

In feature C17: Responsible Labor Practices of the Community concept, organizations are required to list, map, commit to and report progress to establish and maintain fair and human-centric labor practices for contracted or employed groups traditionally prone to poor working conditions such as cleaning, catering, construction, security and building maintenance.
Elimination of the embodied suffering in building products is the target of the strategies under X13: Fair Labor in Building Products in the Materials concept. In these strategies, organizations are required to install products from manufacturers that can demonstrate provision of living wages to their employees, that procure raw materials from certified and/or more transparent supply chains, and that assess, disclose and confirm fair labor practices on their suppliers. Much of this feature was inspired by the work of Grace Farms and aligned with strategies listed in the Design for Freedom International Guidance & Toolkit.

Collaboration is key

Consistent with IWBI’s governance process of engaging stakeholders during the standard development process, these WELL strategies were developed after years of consultation with global industry leaders, a key element to address this worldwide problem. We built these strategies with the goal to empower concurrent initiatives to help propel the movement towards better and truly restorative built environments. For example, IWBI has joined with organizations such as Grace Farms Foundation, the U.S. Green Building Council (USGBC) and the International Living Future Institute under the umbrella of mindful MATERIALS to align efforts to select more responsible building products. Together, through such collaborative efforts, we hope to continue to make progress in how the built environment works and operates in an effective and positive way.

IWBI promotes sustainable supply chains as part of its larger focus on social sustainability – the practice of managing and optimizing an organization’s impact on its people, community and broader societal systems. To learn more about leveraging WELL to promote social sustainability, view this resource.

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Jungbunzlauer champions sustainable, high-performance home care at SEPAWA 2025

Posted on October 10, 2025 by sHq_LoGiNz

BASEL, Switzerland, Oct. 10, 2025 /PRNewswire/ — Jungbunzlauer, a global leader in high-quality, sustainable ingredients from natural sources, will present its latest innovations in home care formulations during SEPAWA 2025 in Berlin, from 15 to 17 October. Under the theme “Tabs, Powders, and Concentrate: Sustainable Formats for Efficient Cleaning Solutions,” the company will highlight how ingredient and format innovation can reduce environmental impact without compromising performance.

With the eco-friendly cleaning products market projected to grow 11% annually, reaching $71 billion by 2032ⁱ, brands and manufacturers are under increasing pressure to rethink how home care solutions are designed, formulated, packaged and delivered. Jungbunzlauer is addressing this shift with naturally derived, biodegradable ingredients in formats that cut transport emissions, reduce packaging waste and promote safer use.

“As the market for sustainable home care expands, companies have a real opportunity to differentiate while also advancing their Scope 3 reduction goals,” said Franck Ueberschlag, Executive Vice President of Product Management at Jungbunzlauer. “Our portfolio is designed to help customers deliver cost-effective cleaning performance using quality ingredients that are both sustainable and fit for the future.”

One highlight is Jungbunzlauer’s citric acid-based rust removal solution, which will be presented by Carolin Southerland, Scientist at Jungbunzlauer, on Wednesday, 15 October at 12:15. Suitable for both industrial and household applications, the solution demonstrates that strong cleaning performance, safety and sustainability can go hand in hand.

Jungbunzlauer’s presence at SEPAWA also includes sponsorship of the Sustainability Speaker Zone, reinforcing its commitment to industry-wide collaboration and responsible innovation.

Through its firm commitment to sustainability, Jungbunzlauer advances its purpose of leading the way in developing naturally better ingredients that enhance everyday life. Sustainability remains at the heart of how the company innovates, operates, and serves its customers and communities worldwide.

For more information about Jungbunzlauer’s commitment to sustainability for home, please visit www.jungbunzlauer.com/industry/home-care/

About Jungbunzlauer

Jungbunzlauer is a leading producer of high-quality, sustainable ingredients from natural sources, serving industries from food and beverage, to nutrition, health, home and personal care, among others. Leading the way in developing naturally better ingredients that enhance everyday life, we are a trusted partner offering a diverse portfolio of texturants, acidulants, sweeteners, minerals, and tailored solutions to meet our customers’ evolving needs.

Headquartered in Basel, Switzerland, with state-of-the-art facilities including large-scale fermentation operations across Europe and North America, we proudly serve more than 130 countries worldwide. Founded more than 150 years ago, Jungbunzlauer has grown into a CHF 1.3 billion company, driven by nearly 1,400 dedicated colleagues committed to a healthier, more sustainable future. Learn more at www.jungbunzlauer.com.

ⁱ
Zion Market Research, Eco-Friendly Cleaning Products Industry Perspective, 2025

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Transformer Insulation Market worth $9.68 billion by 2030 – Exclusive Report by MarketsandMarkets™

Posted on October 10, 2025 by sHq_LoGiNz

DELRAY BEACH, Fla., Oct. 10, 2025 /PRNewswire/ — The report ‘Transformer Insulation Market by Material (Liquid, Solid Insulation), Voltage Class, Type (Liquid Filled, Dry-type Transformer), End-use Industry (Electrical Utilities, Data Centers, Oil & Gas, Power), and Region – Global Forecast to 2030′, transformer insulation market is projected to be valued at USD 6.97 billion in 2025 and USD 9.68 billion by 2030, exhibiting a CAGR of 6.8% during the forecast period.

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The increasing electricity consumption due to urbanization, industrial growth, and other electrical devices augments the demand for transformer insulation systems. Emerging economies, such as China and India, are emerging as major hubs for the transformer insulation market due to the substantial investments in infrastructure and improvements in the electrical grid to expand electricity access. The switch to renewable energy sources, such as solar and wind, also increases the demand for insulation in the transformer insulation market, due to the need for insulation to regulate load changes and power quality in smart grids. Sustainability goals also increase demand for environmentally friendly, fire-friendly insulation, especially dry-type insulation for urban settings and data center builds. In developed regions, aging power infrastructure requiring refurbishment can use insulation with improved electrical and thermal properties and reduced flammability for better reliability.

Solid insulation segment is expected to record the highest CAGR between 2025 and 2030.

The transformer insulation market is dominated by solid insulation due to its affordability and versatility. Materials such as cellulose paper, pressboard, and advanced composites deliver exemplary dielectric strength and thermal stability in high voltage and high temperature situations. They have become a common choice for dry-type transformers adopted in urban locations, data centers, and renewable energy systems as they are considered safe and do not pose a risk of leaking fluids such as mineral oil. The demand for smart transformer converters from AC to DC for solar and wind projects will increase the use of solid insulation due to their compact size and weight, for the same performance characteristics as their insulating fluids. Advancements in the polymer sciences, such as nanotechnology, improve solid insulation’s mechanical and electrical properties and offer longer service life. The requirements for eco-friendly and low-maintenance approaches to insulating will drive solid insulation to retain its position as the most advanced insulating system.

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Power industry segment is anticipated to capture the largest share of the transformer insulation market in 2025.

The power industry is a significant end-use industry for the transformer insulation market. The power sector is vital to power generation, transmission, and distribution, and therefore requires heavy-duty and reliable transformer insulation. Rapid urbanization and industrialization drive increased global energy consumption. There is a pressing need for substantial power grid infrastructure, especially in developing economies, including China and India, where large-scale grids are being developed. On the other hand, renewables have introduced heater variations in voltage, requiring more advanced insulation to manage these higher voltages and keep the grid stable. In addition, the power industry’s continuous use of fresh transformers using insulating material, like cellulose and composite materials, keeps the demand high. In developed regions, aging power infrastructure requires revitalization/upgrades with high-performance insulation to increase efficiency and reliability. Since there is a concern about sustainability and energy efficiency increasing, the power sector will require a commitment to implementing eco-friendly insulation, as both liquid-filled and dry-type transformers will remain common. The power industry has a strong hold on the market.

North America is likely to be the second-largest region in the transformer insulation market during the forecast period.

North America is the second-largest transformer insulation market due to its sophisticated power infrastructure, strong investments in grid modernization, and rising integration of renewable energy. The US and Canada advance the market by investing heavily in upgrades to outdated electrical grids and electricity distribution systems, which require insulation materials with improved performance to improve the efficiency and reliability of transformers. The emphasis on integrating solar energy, wind energy, and other renewable forms of energy into the energy mix often requires high-performance insulation materials to accommodate variable load and high voltage requirements of renewable systems. Continual investments in renewable technologies also coincide with the more restrictive standards in the environmental space governing the use of insulation materials that are not environmentally friendly or non-fire-resistant. This allows approval of eco-friendly, fire-resistant insulation products, including dry-type systems applicable to urban and industrial settings. In addition, with the economy remaining one of the strongest industrial sectors in the world, the demand for electric vehicle infrastructure is a driving force for transformers to provide a reliable supply to electric vehicle applications. Furthermore, market growth is supported by developments in insulation systems and technologies such as composite insulation systems using nanotechnology. North America has become a pivotal player in the global transformer insulation market due to the strong growth in these segments of the industry, in the field of transformer insulation.

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Key players

The transformer insulation market report comprises key manufacturers, such as DuPont (US), 3M (US), Hitachi Energy Ltd (Switzerland), Krempel GmbH (Germany), WEG (Brazil), Huntsman International LLC (US), Weidmann Electrical Technology AG (Switzerland), Ahlstrom (Finland), delfortgroup AG (Austria), Nordic Paper (Sweden), TOMOEGAWA CORPORATION (Japan), and ALTANA AG (Germany), among others.

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Electric Vehicle Market worth $1,189.59 billion by 2035 | MarketsandMarkets™

Posted on October 10, 2025 by sHq_LoGiNz

DELRAY BEACH, Fla., Oct. 10, 2025 /PRNewswire/ — The plug-in Electric Vehicle Market is projected to grow from USD 698.63 billion in 2025, and reach USD 1,189.59 billion in 2035, growing at a CAGR of 5.5%, according to a new report by MarketsandMarkets™. The hybrid electric vehicle market (HEV+MHEV) is set to grow from USD 446.87 billion in 2025 to USD 667.75 billion in 2035, at a CAGR of 4.1%. The plug-in electric market is on a steady growth path, supported by rising consumer demand, government mandates for lower emissions, and advancements in battery and charging technologies that enable higher driving ranges, lower battery costs, and faster charging times. The development of charging infrastructure is also expanding to support this shift. Improvements in energy-dense batteries, efficient thermal management systems, and lightweight vehicle designs are driving the creation of new EV products and solutions that meet evolving customer expectations. As the market evolves, both plug-in hybrid and fully electric platforms are creating overlapping demand for components. This has led to increased use of conventional powertrain parts alongside EV-specific solutions such as lithium iron phosphate (LFP) battery packs, high-efficiency inverters, and advanced cooling systems. Automakers adjust their product lines to meet this blended demand while ensuring performance and reliability.

OEMs are making targeted investments to address cost and adoption challenges. Tesla is expanding localized battery production with its Gigafactories in the US and Mexico, while Volkswagen is investing in software-driven energy management systems to optimize efficiency. Hyundai is building scalable EV platforms to serve multiple vehicle types across regions. These initiatives help improve cost structures and accelerate EV adoption by making vehicles more affordable and efficient. Partnerships between automakers and suppliers are also growing, helping to overcome supply chain disruptions, meet safety standards, and enhance performance. Combined with government incentives, tax credits, and increased consumer awareness, these developments are redefining mobility trends and reinforcing the long-term outlook for electric vehicles.

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Electric Vehicle Market’

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90 – Figures

400 – Pages

The battery electric vehicle segment is estimated to witness the largest growth during the forecast period.

The BEV segment is estimated to be the major growth driver in the electric vehicle market, securing the largest market share during the forecast period. Advances in battery technology are enabling more energy-dense and cost-effective solutions, supported by a growing range of models that boost consumer adoption. According to the International Energy Agency (IEA), global BEV sales rose about 35% year over year in the first quarter of 2025, with total electric car sales expected to exceed 20 million units in 2025. Leading manufacturers such as Tesla, BYD, and Geely are expanding their BEV portfolios to meet rising demand. Tesla’s Model 3 Performance, launched in April 2024, offers a top speed of 163 mph and rear-wheel drive, appealing to performance-oriented buyers. Similarly, BYD’s Sealion 05 EV, introduced in March 2025, provides advanced features and competitive pricing. These developments underscore the BEV segment’s strong position as the preferred choice for consumers seeking sustainable and high-performance vehicles.

The passenger cars segment is estimated to account for the largest share in the electric vehicle market during the forecast period.

The passenger car segment is expected to hold the largest share in the electric vehicle market during the forecast period, driven by ongoing technological advancements, supportive regulatory frameworks, and growing consumer demand for sustainable mobility. OEMs are heavily investing in improving battery efficiency, expanding charging infrastructure, and enhancing overall vehicle performance. Tesla’s Model 3 and Model Y remain iconic, setting high standards for range, affordability, and market reach, with combined global deliveries reaching approximately 323,800 units in Q1 2025 and 373,700 units in Q2 2025, despite a year-over-year decline due to increased competition and supply chain challenges. Other popular models contributing to this trend include Volkswagen ID.4, Ford Mustang Mach-E, and BYD Song and Qin Plus, reflecting the diversifying consumer options globally. Leading manufacturers such as BYD, Tesla, Volkswagen, Geely, Stellantis, BMW, Nissan, Toyota, Honda, Hyundai, GWM, Mercedes-Benz, Volvo, and GM are actively expanding EV portfolios and ramping production capacities. BMW announced in late 2023 that its Munich plant will fully transition to electric vehicle production by 2027, becoming the first legacy plant in its network to do so. General Motors continues converting existing factories to EV-centric production despite recent challenges and moderating market demand in the US. Meanwhile, Europe maintains stringent CO2 emission targets aiming for a 55% reduction by 2030 and zero emissions by 2035, fostering enhanced EV adoption. In the US, growth has slowed notably amid policy uncertainty and rollbacks under the current administration, with significant cuts to incentives and federal support for EVs, impacting fleet electrification momentum and overall market expansion. In 2024, the Tesla Model Y was the best-selling battery electric vehicle globally, reaffirming passenger cars as the core growth driver in the evolving EV landscape.

China is set to be the largest market in Asia Pacific during the forecast period.

China is estimated to be the largest market in the Asia Pacific electric vehicle market during the study period, driven by several key factors. As the world’s largest automotive producer and consumer, China’s scale in passenger car production creates a massive base for EV adoption. By 2025, new energy vehicles account for over 50% of new car sales, while, as per IEA, more than 90% of small cars sold in China are electric, underscoring the depth of market penetration. Leading OEMs like BYD, SAIC Motor, and Geely are expanding their EV lineups, while global brands such as Tesla are investing heavily in local production and charging networks. China’s dominance in battery manufacturing, with companies like CATL and BYD supplying a significant portion of global lithium iron phosphate (LFP) and other battery chemistries, strengthens its position as a key hub for EV growth. Government policies, including subsidies, mandates, and infrastructure investments, continue to accelerate the shift toward cleaner transportation. The country’s leadership in electric buses and shared mobility solutions further diversifies demand across vehicle segments. These factors, combined with strong supply chain capabilities, localized manufacturing, and regulatory support, position China as the largest and fastest-growing electric vehicle market in the Asia Pacific region.

Key Market Players of
Electric Vehicle Industry
:

Prominent players in the Electric Vehicle Companies include BYD Company Ltd. (China), Tesla (US), Zhejiang Geely Holding Group (China), Volkswagen Group (Germany), and General Motors (US).

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This report provides insights on:

Analysis of key drivers (policy support for EV adoption, Reduced operating and maintenance costs, Next generation battery innovations, zero tailpipe and vehicle lifecycle emissions, declining costs of EV batteries), restraints (high initial purchase price, capital-intensive charging infrastructure deployment, battery durability and lifecycle management, geopolitical instability and supply chain disruptions), opportunities (accelerated investment in charging infrastructure, innovation in wireless and on-the-move charging, fleet electrification and commercial deployment, expansion of Charging-as-a-Service (CaaS) business model, integration of bidirectional charging and smart parking), and challenges (extended charging duration constraints, fragmented charging standards and infrastructure)
Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the electric vehicle market
Market Development: Comprehensive information about lucrative markets – the report analyses the electric vehicle market across varied regions.
Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the electric vehicle market
Competitive Assessment: In-depth assessment of market share, growth strategies, and service offerings of leading players like BYD Company Ltd. (China), Tesla (US), Zhejiang Geely Holding Group (China), Volkswagen Group (Germany), and General Motors (US), among others, in the electric vehicle market.

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Get access to the latest updates on Electric Vehicle Companies and Electric Vehicle Industry Growth

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Bristol Myers Squibb and National Community Pharmacists Association Pilot Rural Heart Health Care Initiatives

Posted on October 10, 2025 by sHq_LoGiNz

Originally published on NCPA.org

Recently, Bristol Myers Squibb (NYSE: BMY) and the National Community Pharmacists Association (NCPA) announced a new collaboration aimed at improving heart health in rural communities in the United States.

NCPA has launched a program in partnership with BMS to address health-related social needs and care coordination for patients with cardiovascular disease (CVD) by piloting community health worker specialized training for pharmacy technicians. Pharmacist-community health worker teams in 25 rural pharmacies across Alabama, Arkansas, Kentucky, Louisiana, Mississippi and Missouri will be trained through a rigorous curriculum to more effectively evaluate patients with higher risk of CVD and guide them toward appropriate healthcare providers for further care and evaluation.

Additionally, NCPA is creating new access points at these same independent pharmacies for screening, monitoring and management of cardiovascular disease, funded through a separate and independent grant by BMS, as part of a pilot program to evaluate the impact of enhanced access to critical healthcare services in medically underserved communities.

CVD disproportionately impacts rural Americans, with adults in rural areas facing a 19% higher risk of developing heart failure and being 1.5 times more likely to die of CVD than adults in urban areas. Community pharmacies are often the only access point to connect patients with critical healthcare services in many rural geographies. BMS and NCPA’s commitments to address healthcare disparities in rural America aim to improve healthcare delivery and, ultimately, outcomes.

“Too many patients in rural America face barriers to cardiovascular care—barriers that tragically cost lives,” said Andrew Whitehead, vice president and head of Population Health at Bristol Myers Squibb. “Through our collaboration with NCPA, we are confronting these challenges head-on. By supporting the NCPA Community Health Worker training for pharmacy techs to further assist in the continuity of care for patients in these communities, we’re helping to close a critical gap in our healthcare system and reaffirming our commitment to creating equitable access to care for all.”

“We are pleased to partner with BMS to improve access to care for people in rural communities,” said B. Douglas Hoey, pharmacist, MBA, CEO of NCPA. “The NCPA Innovation Center has partnered with the 25 rural pharmacies to improve cardiovascular outcomes through care coordination, screenings, transition of care interventions, and making sure patients have access to the medicines they need to sustain and improve health. Community pharmacists and their teams are increasingly playing a bigger role in the healthcare of Americans, and we are excited to create new, sustainable models of pharmacy-based care.”

The National Community Pharmacists Association (NCPA) is a US-based organization that represents the interests of nearly 19,000 independent pharmacies across the country, many of which are located in areas where healthcare is hard to find, and one-third of which are in communities of less than 10,000 people.

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Live Panel: Contain, Control, Close: Practical Spill Strategies for Oil Fields

Posted on October 10, 2025 by sHq_LoGiNz

Spills in oil fields, whether produced water, hydrocarbons, or other fluids, demand swift and effective response to minimize impacts on potential receptors, the environment, and operations. This live panel discussion will provide practical strategies for managing oil field spills from first response through closure, with insights from both risk management and field practitioners.

Key approaches the session will highlight include:

Prompt spill response to contain impacts and safeguard receptors
Field screening methods that support efficient decision-making and help avoid over-remediation
Comprehensive documentation of work, burn rates, waste management, and sampling data
Effective remediation techniques such as flushing, excavation, addition of amendments, and land farming
Collaboration with regulatory authorities to access critical data and streamline closure
Featured speakers in this panel discussion include Seth Kagan, Vice President, Head of Environmental Claims at Aspen, David Grounds, Visionary HSE & Regulatory Leader with 22+ years of oil & gas experience, and Troy Bernal, Senior Consultant & Spill Response Subject Matter Expert at Antea Group USA. The discussion will be moderated by Rosemarie Hebner, Esq., Senior Consultant at Antea Group USA, ensuring a dynamic conversation that bridges, insurance, operational, and consulting perspectives.

Together, this expert panel will equip attendees with actionable strategies to strengthen spill response and remediation programs, whether for produced water releases or broader oil field incidents.

Join us on October 28^that 2pm ET for this live panel discussion.

Register Here!