Category: Science

  • MIL-OSI Global: I’m a sports psychologist and diehard Eagles fan – here’s the behavioral science behind a Super Bowl LIX win

    Source: The Conversation – USA – By Eric Zillmer, Professor of Neuropsychology, Drexel University

    Philadelphia Eagles quarterback Jalen Hurts’ innovative plays demonstrate ‘brain connectivity at its finest,’ the author writes. Mitchell Leff via Getty Images

    The Super Bowl is one of the world’s most significant single-day sporting events.

    It attracts over 100 million U.S. viewers and [tens of millions of international viewers], making it an entertainment phenomenon. For Eagles fans who are not making the trip to the Superdome in New Orleans, there will be plenty of places to watch in Philadelphia – including rowdy bars, living rooms and even home tailgates, all while the city is lit in Eagles green.

    For me, the Super Bowl is a real-life laboratory. As a sports scientist, neuropsychology professor and the former athletic director at Drexel University in Philadelphia, I investigate how high-performance athletes prepare cognitively and psychologically for a winning performance on game day.

    When the stakes are at their highest, what can psychology reveal about who is mentally prepared to win the Super Bowl?

    Tough-minded and open to experience

    Research suggests that super-elite athletes are tough-minded and not easily rattled.

    Their psychological profiles look similar to those of high-performance solo classical guitarists or fighter pilots. On personality tests, athletes typically score at least average in extroversion, openness and agreeableness, and high in conscientiousness.

    Professional athletes work incredibly hard and are disciplined, well organized, goal-oriented, reliable and generally sociable.

    A new focus in personality research in competitive athletes is on creativity and, specifically, being open to experience, which includes being receptive to new ideas and being flexible.

    Openness has become increasingly important in the modern blueprint for winning football games. Daniel Memmert, a sports scientist at German Sport University Cologne, calls this “tactical creativity.” It is a cognitive style that allows one to be imaginative and engage in divergent thinking – which is an ability to think flexibly outside of routines and devise multiple solutions – even in real-time competitive situations.

    Divergent thinking in high-performance sports includes focusing on the task at hand and paying attention to relevant information while ignoring irrelevant information in the athletic arena. The creative athlete knows when and where to look in order to win a play or avoid a costly error.

    Creative and cool under pressure

    Creativity is essential in unscripted football plays – when a planned play has not been executed properly, like a fumble or an interception.

    Intentionally distracting your opponent has become an important part of sports competition. It is why quarterbacks often change the play at the line of scrimmage. But it becomes even more critical during improvised offensive plays when everything is unscripted. In a sport where milliseconds matter, being creative and engaging in something your opponent doesn’t expect can be the difference between winning and losing.

    When the Eagles won the Super Bowl in 2018, backup quarterback Nick Foles calmly executed a trick play on fourth-and-goal, becoming the first player in history to both throw and catch a touchdown pass in a Super Bowl. The play is now called the Philly Special.

    To engage in tactical creativity, however, an athlete must be relaxed. That’s not easy when millions of people are watching your every move.

    Philadelphia Eagles wide receiver Trey Burton fires a touchdown pass to quarterback Nick Foles, not pictured, on a trick play during Super Bowl LII in Minneapolis in 2018.
    Jim Davis/The Boston Globe via Getty Images

    Brain connectivity at its finest

    Performance anxiety is a leading cause of poor athletic performance. Research suggests an athlete’s competitive anxiety can be cumulative and maybe even be contagious, affecting teammates negatively.

    That makes the Super Bowl as much a battle of nerves as it is about the physical execution of plays. So, how do professional athletes do it? The athlete practices how to think as much as they practice to play. Training is intentionally hard and uncomfortable to assist with preparing the body and mind.

    Since emotions and thoughts affect behavior and performance, the concept of emotional self-regulation – or intentionally focusing on the present moment – has been introduced into competitive sports. Mindfulness, meditation, yoga, breathing exercises and grounding techniques are now integral to the toolkit for high-performance sports.

    For athletes, it is relatively easy to elevate their emotions to push the ball forward with a play like the Philadelphia brotherly shove – an almost unstoppable offensive play used by the Eagles in which the team pushes the quarterback through the opponent’s defense for a short gain when needed.

    But calming those emotions to execute a synchronized, attacking, complex passing play is more challenging cognitively.

    A successful football player must easily transition from being highly aroused to remaining composed on command within seconds.

    This cognitive efficiency and fluidity requires many hours to master. I am fully aware that while watching the Eagles’ Jalen Hurts, I am not just observing a great, innovative quarterback; I am witnessing brain connectivity at its finest.

    Philadelphia Eagles fans celebrated the team’s first Super Bowl win with a victory parade on Feb. 8, 2018.
    Corey Perrine via Getty Images

    Psychology of Eagles fans

    How fans experience Super Bowl Sunday is entirely different, psychologically speaking, from the players.

    To perform at the highest level, the players are process oriented. They attempt to be present in real time and play without fear. On game day, it is advantageous for the competitor to play like a kid, full of joy and confidence.

    Fans, on the other hand, are results oriented. And they are nervous wrecks, like parents watching their kids compete.

    One remedy for managing this stress is watching the game with other fans. Philadelphians represent diverse socioeconomic and ethnic groups that often unite through sports. These social connections – which Germans, who were among the first settlers in the city, call Gemeinschaftsgefühl – are a hallmark of good psychological health.

    I know I will never forget when the Eagles won Super Bowl LII: the game, the season and the parade.

    And new research indicates why.

    According to University of California, Berkeley psychology professor Dacher Keltner, these authentic “awe” moments are shortcuts to happiness. Football fans might experience awe when a seemingly unpredictable interception or touchdown has significant consequences.

    In other words, the thrill of the game and the excitement of winning not only unite fans, but they can also transform them into happier versions of themselves.

    Eric Zillmer does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    ref. I’m a sports psychologist and diehard Eagles fan – here’s the behavioral science behind a Super Bowl LIX win – https://theconversation.com/im-a-sports-psychologist-and-diehard-eagles-fan-heres-the-behavioral-science-behind-a-super-bowl-lix-win-248643

    MIL OSI – Global Reports

  • MIL-OSI Russia: Sobyanin presented awards to young researchers ahead of Russian Science Day

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    On the eve of Russian Science Day Sergei Sobyanin presented to young scientists Moscow Government Prizes for 2024.

    “We never had so many competitive applications – more than 1300 works have been announced. And choosing you for us was also not an easy business. So these are really deserved awards that you deserve with your talent, skill, commitment to science. And of course, I hope that these awards in your life are not the last, but only the beginning of your large scientific career. In recent years, our country has been in difficult conditions of international sanctions, a special military operation. And more than ever, issues related to the technological sovereignty of our country in almost all key areas, starting from space to medicine. In recent years, we had to solve very difficult issues related to domestic industry, and high technology supply. And of course, the demand for own scientific research, for domestic science, for technologies related to both the military-industrial complex and with civilian technologies, more than ever. And what you do in your areas, inventing important, necessary technologies, opening new technologies for medicine, astronautics, aircraft building, new materials, creating a huge layer of inventions in the field of medical technologies, of course, is also very cool. Without this, we do not have to talk about any sovereignty. So you do a very important work, of course, for yourself as scientists, for the city, one of the most advanced technological centers not only of our country, but also the world, well, for Russia – for sovereignty, for security, for the future of our great power “, – said Sergey Sobyanin.

    The Moscow mayor thanked the scientists for their work on his own behalf and on behalf of Muscovites and congratulated them on their well-deserved awards. According to him, a decision was made to double the size of the bonus, which has not been indexed since 2019. The bonuses received by young specialists today are also planned to be recalculated taking into account the increase.

    The Moscow Government Prize Competition for Young Scientists has been held since 2013. Awards are given annually for achieving outstanding results in fundamental and applied scientific research in the field of natural, technical and humanitarian sciences, as well as for the development and implementation of new technologies, equipment, devices, equipment, materials and substances that contribute to improving the efficiency of activities in the real sector of the economy and the social sphere of the capital.

    Young Moscow scientists under the age of 35 (doctors of sciences under the age of 40) may apply for the award. We are talking about scientific and scientific-pedagogical workers, postgraduate students, doctoral students, and other specialists engaged in scientific and scientific-technical activities in scientific and higher education organizations located in the city, as well as employees of enterprises and organizations conducting experimental developments.

    In 2019, at the suggestion of the Mayor of Moscow, the size of one award was increased from 1.5 million to two million rubles. If the award is given to a research team, it is divided equally between its members, and diplomas are awarded to each of them.

    The number of awards has also increased from 33 to 50. At the same time, the number of nominations remains unchanged (22), including 11 nominations in the field of research and the same number in the field of development.

    During the competition for the awards in 2013–2024, more than eight thousand applications were submitted. The awards were given to 758 young scientists.

    In 2024, 1,332 applications were received from employees of 310 organizations.

    The prize is awarded since 2013 for outstanding results in fundamental and applied research. Moscow scientists under 35 years of age, and doctors of science under 40 years of age can apply for it. Compared to the previous year, the size of the prize has been doubled – from two to four million rubles,” the Mayor of Moscow wrote in his telegram channel.

    Source: Sergei Sobyanin’s Telegram channel @Mos_Sobyanin

    The awards were won by 78 researchers whose developments and research have already proven themselves in practice.

    Photodetectors, biostimulators and vacuum tubes

    Thus, the award was presented to Sofia Morozova from the Moscow Institute of Physics and Technology (National Research University). She developed methods for obtaining nanostructured polymeric materials, which are important for the creation of environmentally friendly transport based on hydrogen-air fuel cells and for preserving public health.

    “We were all lucky to become laureates of the Moscow Government Prize in a special period, the Decade of Science and Technology. I would like to express my sincere gratitude to you, Sergey Semenovich, for the development of the city, which is happening through the development of Moscow universities, Moscow schools, colleges, and city infrastructure. Special thanks for the Fiztekh metro station and the Novodachnaya station of the first Moscow Central Diameter, which help us get to work, and also for the inspiration for us, young scientists. I congratulate everyone on receiving this significant award and wish to see how the developments will be put into practice,” said Sofia Morozova.

    Natalia Semenchenko, Vladislav Burlakov and Renat Davletshin from the Orion Scientific and Production Association have created photoreceiving devices for space-based optical-electronic systems that allow surveying the Earth’s surface and obtaining images of the thermal field of the entire Earth’s disk. The devices are used in the Electro-L and Arktika-M series of space weather satellites.

    Kristina Skuratovskaya, Anton Budaev and Maxim Makarov from the N.V. Sklifosovsky Research Institute of Emergency Care have come up with new types of medical preparations and materials that allow for the effective treatment of patients with intra-articular pathology of the musculoskeletal system. The developments are used in the surgery department of City Clinical Hospital No. 13 and the emergency traumatology department of the musculoskeletal system of the N.V. Sklifosovsky Research Institute of Emergency Care to replace traumatic defects in intra-articular fractures, which allows for the axial load on the operated limb to be reduced immediately after surgery.

    Seda Kurbanova from the Morozov Children’s City Clinical Hospital has developed a diagnostic program for verifying cardiovascular damage in Kawasaki disease. The program has already been implemented in the practice of the capital’s healthcare system.

    Andrey Briko and Vladislava Kapravchuk, representing the Bauman Moscow State Technical University, conducted a series of studies aimed at creating technologies for mapping neuromuscular activity. The results of the research and the technologies developed can be used to create exoskeletons for medical and industrial purposes, bionic prostheses, and rehabilitation robotic complexes for patients with impaired motor functions.

    Tatyana Bezbabicheva and Ramin Malik oglu Afandiev from the National Medical Research Center of Neurosurgery named after Academician N.N. Burdenko have developed a comprehensive method for monitoring the state of the visual pathways during neurosurgical operations on the occipital, parietal and temporal lobes of the brain. The solution is already being used in neurosurgical operations at the center to ensure the greatest safety for patients.

    The work of Alexander Pushkarev from the Russian Medical Academy of Continuous Professional Education resulted in unique technologies of local exposure to low temperatures, which are used in cryosurgery, cryopreservation and cryotherapy. They are used in the treatment of oncological diseases, as well as for physiotherapy and rehabilitation of patients for the purpose of pain relief, reducing inflammation and swelling in diseases of the musculoskeletal system, sports, mine-explosive and other injuries. The method is used at the Russian University of Medicine, the Russian National Research Medical University named after N.I. Pirogov and CryoEngineering LLC.

    Another laureate of the award, Evgeny Bychkov from the Central Research Institute “Kurs”, is the author of an industrial technology for designing low-temperature refrigeration machines on multicomponent mixtures of refrigerants. The development allows for thermostatting of objects at temperatures from minus 90 to minus 160 degrees, which makes it possible to reduce the time and material costs of design, as well as increase the energy efficiency of machines of this class. The technology has already been implemented in the institution.

    Sergey Surkov and Sergey Sharkov, representing the scientific and production enterprise “Toriy”, received the award for electrovacuum devices for amplification and generation of electromagnetic oscillations of ultra-high frequency. The devices are used at the National Research Center “Kurchatov Institute” to maintain the operability of the “Olivin” station, which is part of the “Siberia” accelerator-storage complex.

    The work of Milana Sharikova and Pavel Nikitin from the Scientific and Technological Center for Unique Instrumentation of the Russian Academy of Sciences is aimed at creating devices and methods for optical information processing in long-wave spectral ranges – infrared and terahertz. Interest in the terahertz range is due to the fact that by 2035 it is planned to create 6G generation information systems. The developments are in demand at domestic industrial enterprises, in institutes of the Russian Academy of Sciences and universities.

    The use of a biostimulant composition created by Inessa Lugova (All-Russian State Center for Quality and Standardization of Animal Medicines and Feed) has made it possible to improve the qualitative and quantitative indicators of poultry farming, including hatching of chickens and preservation of livestock, as well as to save electricity during egg incubation due to the acceleration effect. The drug is in demand at the country’s leading poultry farms.

    Dmitry Korolev and Vladimir Alferov from the Research Institute of Molecular Electronics have developed the software and hardware of the NE501CD microcontroller, implementing a cryptographically protected protocol for contactless electronic travel documents. The microcontroller is currently being actively implemented in the Troika and Strelka transport cards.

    View the full list of winners of the Moscow Government Prizes for Young Scientists for 2013–2024 you can on the website Andfollow the link.

    Moscow Government Prize for Young ScientistsHow young scientists can receive the Moscow Government Prize

    In 2020, a council of laureates of the Moscow Government Prize for Young Scientists was created.

    “In addition, we have created a Council, which includes 70 award winners. They act as consultants

    under the Department of Education and Science of Moscow and are engaged in educational work. We involve them in such projects as “Scientists in Schools” and the All-Russian Festival SCIENCE 0,” said the Mayor of Moscow in his telegram channel.

    Source: Sergei Sobyanin’s Telegram channel @Mos_Sobyanin

    This is a permanent advisory body whose main tasks are the popularization of science, the involvement of students in scientific activities, and the improvement of the quality of education.

    Moscow is the center of Russian science

    By decision of Vladimir Putin, the years 2022–2031 have been declared in Russia Decade of Science and Technology.

    Moscow has one of the most powerful intellectual and technological potentials among the world’s megacities. The capital is home to 840 scientific organizations — 20.3 percent of all organizations conducting research and development in Russia. Among them are academic and research institutes, national research universities and leading universities of the country.

    Moscow employs 33.3 percent of the country’s scientific personnel, including 44.9 percent of doctors of science and 38.5 percent of candidates of science. 22.3 percent of undergraduates and 42.2 percent of postgraduates in Russia study in the capital’s universities.

    The Moscow government attaches great importance to the development of science and the stimulation of scientific work. The largest project of the coming years in the field of scientific development is the creation of the innovative scientific and technological center of the Moscow State University (MSU) named after M.V. Lomonosov “Vorobyovy Gory”. In 2023, the Lomonosov cluster, the flagship of the MSU innovation center, opened. Its residents are 76 companies, employing more than two thousand employees.

    High-tech companies create developments in the fields of medicine, information and biotechnology, unmanned systems, robotic systems and other areas. Every year, the cluster residents invest more than two billion rubles in scientific research.

    In 2024, the creation of a new campus of the Bauman Moscow State Technical University was completed. As part of the project, 14 buildings with a total area of about 170 thousand square meters were built and restored. The campus includes a central cluster, a multifunctional scientific and educational building, a multifunctional complex “Quantum Park”, a center for biomedical systems and technologies, research and engineering centers, the Palace of Technologies and other buildings, which have all the necessary conditions for modern educational and research activities.

    Large-scale scientific and innovative projects include the construction of a national space center, the creation of production clusters for photonics, electric vehicle manufacturing, pharmaceuticals, unmanned aerial vehicles, as well as support for the development of artificial intelligence technologies.

    47 Moscow technology parks have become a huge space for the development of applied science and innovation, where more than 2,200 high-tech companies have located their production, and over 74.5 thousand jobs have been created there. About a third of the residents of technology parks work in the field of scientific research and certification.

    Four technology parks were created on the basis of research institutes. The Kurchatov Institute technology park conducts research in the field of nuclear physics and genetics, and develops new methods of storing and transmitting data. The Research Institute of Computer Complexes (NIIVK) technology park creates new communication and navigation systems, as well as technologies for the space industry. The Innopark VNIRO technology park conducts research in the field of fisheries and biotechnology and is engaged in new methods of processing and storing food products. The Moscow State University Science Park technology park works in the field of biology, chemistry, physics and other sciences.

    Putin: Moscow has fully fulfilled its obligations to create the MSU clusterDigital platforms and useful services: which projects reached the final of the fourth stream of the capital’s “Academy of Innovators”

    The Moscow Innovation Cluster and its affiliates have become the link between science, business and the state. digital platform i.moscow. The platform unites everyone who wants to create a new product or service. More than 200 thousand users have already registered on it. 40 thousand companies from Moscow and other regions of the country have become participants and partners of the cluster. Thanks to i.moscow, every 10th company engaged in scientific research and development in the field of natural and technical sciences received support from the city. Their revenue is three times higher than that of other companies in the industry.

    In addition, much attention is paid to creating conditions for self-realization of young scientists, engineers, software developers and other specialists involved in the technology business.

    In 2024, a youth entrepreneurship hub opened in Moscow — the first center in Russia for engaging young talents in technology business. The project is aimed at creating a single point of attraction for Moscow youth involved in entrepreneurship, increasing entrepreneurial literacy and the level of public trust in young entrepreneurs.

    Over the past year, over 32,000 participants have joined the project, opening over a thousand new technology businesses in Moscow. Young entrepreneurs can take advantage of the hub’s programs, including:

    — The Academy of Innovators is an international continuous program for the intensive development of technology projects and startups. Students have access to training sessions with leading industry experts in the market, and they can also interact with personal business mentors. In addition, as part of the program, participants find their first customers among city structures and large businesses, and attract their first investments. Currently, the Academy’s digital ecosystem has over 28 thousand participants from more than 300 cities in Russia and about 40 countries around the world. They have founded over 800 new technology businesses in Moscow and attracted over 380 million rubles in funding in the form of investments and grants;

    — “Digital Transformation Leaders” is a Moscow Mayor’s competition for young IT specialists. This is the world’s largest competition for the development of digital solutions for city structures and large businesses. Over six years, more than 40 thousand people have taken part in the competition (hackathon), creating over two thousand digital solutions for customers. Vladimir Putin instructed to scale up the successful practice of holding a hackathon in the regions of Russia. In 2023, regional stages of the competition were held in the Sakha Republic (Yakutia) and Krasnodar Krai, and Volgograd Oblast and Kamchatka Krai became task setters at the hackathon last year;

    — “Moscow Innovator” is a Moscow Mayor’s competition that promotes the recognition of talented young inventors and scientists. Participants compete for Moscow Mayor’s awards in six priority areas of urban economy and three nominations for different stages of project development. This allows identifying scientific and technological solutions (from promising ideas to finished products). The competition was first held in 2020. Over 11 thousand inventors took part in it during its existence. 174 innovative projects became winners.

    Along with the annual Moscow Government Prize, young scientists and winners of the Moscow Innovator competition can apply for annual grants in the amount of one billion rubles. The funds are intended for scientific teams of the capital’s medical organizations. This is provided for by the city’s ecosystem for supporting scientific research. The operator is the Moscow Center for Innovative Technologies in Healthcare. Over 170 breakthrough studies have been supported in three years. The projects are being implemented, among other things, jointly with leading Russian universities and research organizations.

    Moscow doctors and scientists are developing high-tech methods of diagnostics, treatment, rehabilitation and implementing them in the city’s healthcare system. Some of the solutions have been created and applied in clinical practice for the first time in Russia and the world.

    The Moscow government provides financial support to the winners of the regional competition of the Russian Science Foundation in the amount of 50 million rubles annually. We are talking about scientific projects in priority areas for the city, implemented on the basis of scientific organizations and universities in the capital. Since 2022, more than 530 applications have been submitted for participation in the regional competition. 84 scientific teams have become winners.

    In addition, the city allocates grants to universities and scientific organizations. In 2024, 1.176 billion rubles were allocated for events with students within the framework of pre-professional, specialized and additional education programs, career guidance and education, as well as for the development and popularization of science. In particular, the following was provided:

    — 400 grants for the development of a system of specialized and pre-professional training;

    — 35 grants for the popularization of science, as well as for the support and implementation of additional education programs for students, including at centers for technological support of education.

    In 2024, the XIX All-Russian Science Festival Nauka 0 took place, which took place at 100 city venues. The festival events in a mixed format (online and offline) were attended by more than 18.5 million participants.

    The largest joint project of the Moscow Government and the scientific community is pre-professional classes of city schools (engineering, psychological and pedagogical, medical, IT, media and entrepreneurship), in which about 44 thousand schoolchildren study. Leading universities and scientific organizations of the city act as partners of pre-professional classes. Scientists and practitioners are actively involved in teaching in pre-professional classes. Schoolchildren are also introduced to scientific activities in academic classes. The curricula describe the practical application of scientific knowledge and the results of scientific research.

    Since 2013, within the framework of the Moscow Pre-University project, specialized classes for teaching high school students have been opened at Moscow universities. Fifteen universities are participating in the project: Lomonosov Moscow State University, Russian University of Transport (MIIT), Russian State University for the Humanities, Moscow Engineering Physics Institute, Kosygin Russian State University, Plekhanov Russian University of Economics, National Research University Higher School of Economics, Moscow State Linguistic University, I.M. Sechenov First Moscow State Medical University, Russian Presidential Academy of National Economy and Public Administration, Moscow State Pedagogical University, Moscow Aviation Institute, Moscow Finance and Law University, State University of Management, Financial University under the Government of the Russian Federation.

    Touch the world of science. How future scientists are trained in academic classes of Moscow schoolsFruit leather, electronic nurse and printer-builder, or What the capital’s innovators have invented

    Under the guidance of university teachers, more than 7.3 thousand schoolchildren engage in practical work in laboratories, conduct educational research projects, and also participate in scientific student associations.

    In 2024, Moscow schools hosted more than 450 lectures by representatives of the scientific community — young scientists and professors of the Russian Academy of Sciences. They were attended by over 12 thousand students. Scientists told schoolchildren about new developments and advanced technologies, and also helped them make an informed choice of an educational trajectory in the field of science.

    Since 2024, the project “In the Center of Science” has been implemented, aimed at creating a community of young scientists in the capital and popularizing science among schoolchildren and teachers. Within its framework, festivals, clubs, trips and laboratory workshops are held, where students can get acquainted with the modern work of scientists and implement their own projects under the guidance of young researchers and teachers of leading universities in Moscow. The project helps teachers open scientific clubs in schools, and allows scientists to exchange experiences and learn about opportunities for professional growth. In 2024, over 10 thousand scientists, students and teachers of Moscow educational organizations took part in its events.

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    https: //vv.mos.ru/mayor/tkhemes/12346050/

    MIL OSI Russia News

  • MIL-OSI Global: The Greenland ice sheet is falling apart – new study

    Source: The Conversation – UK – By Tom Chudley, Leverhulme Early Career Fellow, Department of Geography, Durham University

    Tom Chudley

    Observing Greenland from a helicopter, the main problem is one of comprehending scale. I have thought we were skimming low over the waves of a fjord, before noticing the tiny shadow of a seabird far below and realising what I suspected were floating shards of ice were in fact icebergs the size of office blocks. I have thought we were hovering high in the sky over a featureless icy plane below, before bumping down gently onto ice only a few metres below us.

    Crevasses – cracks in the surface of glaciers – are the epitome of this baffling range of scales. Formed by stresses at the surface, their direction and size tell us how the ice sheet is flowing towards the ocean. Inland, far away from the fast-flowing glaciers that discharge hundreds of gigatonnes of icebergs a year into fjords, crevasses can be tiny cracks only millimetres wide.

    As the ice speeds up, they can be metres in diameter, sometimes covered by deceptive snow bridges that require suitable safety equipment and rescue training to traverse. Finally, where the ice meets the ocean and no scientist would ever dare to stand, they can be monsters over 100 metres from wall to wall. And across Greenland, they are growing.

    Cracks you could fly a helicopter through.
    Tom Chudley

    It shouldn’t be particularly surprising to scientists that crevasses are getting larger across Greenland. As the ocean warms, the ice sheet has sped up in response, increasing the stresses acting upon its surface. However, observations from satellites and in-person fieldwork are so poor that to date, we had no idea how extensively or quickly this process has been occurring.

    Mapping cracks

    In a new study, my colleagues and I mapped crevasses across the entirety of the Greenland ice sheet in 2016 and 2021. To do this, we used the “ArcticDEM”: three-dimensional surface maps of the polar regions based on high resolution satellite images. By applying image-processing techniques to over 8,000 maps, we could estimate how much water, snow or air would be needed to “fill” each crevasse across the ice sheet. This enabled us to calculate their depth and volume, and examine how they evolved.

    We found that from 2016 to 2021, there were significant increases in crevasse volume across fast-flowing sectors of the Greenland ice sheet. In the southeast of the ice sheet, an area that has been particularly vulnerable to ocean-induced acceleration and retreat in the past few years, crevasse volume increased by over 25%.

    In most Greenland glaciers that flow into the ocean, scientists found crevasses are increasing in size and depth.
    Chudley et al / Nature Geoscience

    However, against our expectations, crevasse volume across the whole ice sheet increased by only 4.3%. That’s much closer to an overall balance than the extremes observed in certain sectors. What had happened? In fact, the significant increases elsewhere were being offset by a single source: an outlet glacier known as Sermeq Kujalleq (Danish: Jakobshavn Isbræ).

    Sermeq Kujalleq is the fastest-flowing glacier on the planet, reaching speeds of nearly 50 metres a day and providing an outsized proportion of Greenland’s total sea-level rise contribution. In 2016, responding to an influx of cold water from the north Atlantic ocean, the glacier slowed and thickened. As it did this, the crevasses on the surface began to close – offsetting increases across the rest of the ice sheet.

    This slowdown was short-lived. Since 2018, Sermeq Kujalleq has once again reverted to acceleration and thinning in response to ongoing warming. We won’t be able to rely on it to offset ice-sheet-wide increases in crevassing in the future.

    Cracks grow into icebergs

    Crevasses play an integral part in the life cycle of glaciers, and as they grow they hold the potential to further accelerate ice-sheet loss. They deliver surface meltwater into the belly of the ice sheet: once inside, water can act to warm the ice or lubricate the bed that the glacier slides over, both of which can make the ice sheet flow faster into the ocean. Meanwhile, where the ice meets the sea, crevasses form the initial fractures from which icebergs can break off, increasing the output of icebergs into the ocean.

    Where Sermeq Kujalleq, or Jakobshavn Glacier, meets the sea. That iceberg filled fjord is several miles wide.
    Copernicus Sentinel / lavizzara / shutterstock

    In short, crevasses underpin the dynamic processes that occur across Greenland and Antarctica. However, these processes are very poorly understood, and their future evolution is the single largest uncertainty in our predictions of sea-level rise. Together, the increased discharge of ice holds the potential to add up to 10 metres of additional sea-level rise by 2300 (75% of all cities with more than 5 million inhabitants exist less than 10m above sea level). We need to better understand these processes – including crevasses – so that informed sea-level projections can form the basis of our responses to the global challenges that climate change presents.

    Since 2023, an international coalition of polar scientists has been urging the world to limit warming to 1.5˚C to avoid the most catastrophic melt scenarios for global glaciers and ice sheets. Last month, the EU’s Copernicus Climate Change Service confirmed that 2024 was the first year in which average global temperatures exceeded this threshold.

    Every fraction of a degree matters. We may still be able to save ourselves from the worst of the damage the climate change will bring – but we are desperately running out of time.

    Tom Chudley received funding from the Leverhulme Trust.

    ref. The Greenland ice sheet is falling apart – new study – https://theconversation.com/the-greenland-ice-sheet-is-falling-apart-new-study-248926

    MIL OSI – Global Reports

  • MIL-OSI Global: Restless legs syndrome is incurable – here’s how to manage the symptoms

    Source: The Conversation – UK – By Adam Taylor, Professor of Anatomy, Lancaster University

    Andrey_Popov/Shutterstock

    Restless legs syndrome (RLS), also known as Willis-Ekbom Disease, is a neurological condition that affects about 7% of people.

    Typical symptoms include an irresistible urge to move your legs, alongside sensations of aching, crawling, creeping, itching, pulling or throbbing. Until the age of 35, the condition is equally common in men and women, but after that age, RLS affects twice the number of women than men.

    Each person’s condition is categorised as mild, moderate, severe or very severe according to the international rating scale, which measures the effects of RLS on limb discomfort and sleep disruption, as well as frequency of symptoms.

    RLS symptoms have a 24-hour cycle known as a circadian rhythm. Symptoms tend to peak at night, coinciding with the body’s increase in melatonin release. Melatonin reduces dopamine – the brain chemical that affects movement and mood – to help us sleep but, because dopamine helps control muscles, low dopamine levels can cause involuntary movements.

    There is no test for RLS. Diagnosis is based on symptoms and medical history. Primary RLS runs in families – there are genetic links to a number of chromosomes. RLS has an autosomal dominant inheritance pattern, meaning you only need one “defective” copy to present with symptoms. Some cases, however, develop with no known cause.

    Other people may develop “secondary” RLS as a result of other conditions, such as iron deficiency anaemia, chronic kidney disease, diabetes, Parkinson’s disease, rheumatoid arthritis, underactive thyroid gland, and fibromyalgia. While primary RLS is more common than secondary, the latter is usually more severe and progresses more rapidly.

    Risk factors

    Age seems to be a risk factor for RLS. In 2000, a study found that 10% of adults aged 30 to 79 have RLS, increasing to 19% of those over the age of 80. However, understanding of the condition has improved since that study was conducted, so it’s likely these figures are higher – particularly in children, where some RLS symptoms have been confused with “growing pains” or ADHD in the past.

    Women have an increased chance of developing RLS. Approximately one in five women will suffer from restless legs at some point, and some studies suggest as many as one in three women are affected. Women are more likely to suffer from other comorbidities that affect the central nervous system, such as anxiety, depression and migraine, which may be linked to the development of RLS.

    Pregnancy is another risk factor. The further you are through the trimesters, the higher your chance of being affected BY RLS – with 8%, 16% and 22% of women suffering through their respective first, second and third trimesters. Multiple pregnancies increase the risk of pregnancy-related RLS, and research has found that women who’ve given birth may have a higher incidence of RLS in later life, compared with women of the same age who haven’t given birth.

    Obesity is also considered a risk factor for RLS. One study showed that each 5kg/m² increase in body mass index increased the likelihood of developing RLS by 31%.

    Triggers and treatments

    Research has shown smoking and alcohol consumption seem to make RLS worse, so lifestyle changes such as stopping smoking and drinking alcohol can help manage symptoms.

    Research has also found that exercise and stretching is beneficial for symptom relief or reduction – although study participants suggest that morning exercise is more effective for improving symptoms, while evening exercise can make restless legs worse. Patients with secondary forms of RLS, lower BMI and less severe cases of the condition may benefit the most from lifestyle changes to manage symptoms.

    Also, treatment of underlying issues can also alleviate or reduce some of the symptoms. For instance, iron deficiency anaemia reduces dopamine levels, which can lead to restless legs. Iron supplements may benefit some sufferers – but the evidence is mixed so supplements won’t help everyone.

    In terms of medication, research has found that neurological therapies, such as the anticonvulsant Gabapentin – usually prescribed as a treatment for epilepsy – can improve symptoms and overall quality of life for those suffering with restless legs. These therapies target nerve cells in the brain, reducing their activity.

    Other medicines – known as dopamine agonists – activate dopamine receptors in the brain to control movement. They are primarily used as a treatment for Parkinson’s disease and are effective in managing symptoms of RLS. However, they can disturb your sleep pattern and may increase impulse control disorders, and are not recommended during pregnancy or breastfeeding as they can inhibit lactation.

    While there may not be a cure for RLS, there is hope for sufferers – and options for managing and reducing symptoms.

    Adam Taylor does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    ref. Restless legs syndrome is incurable – here’s how to manage the symptoms – https://theconversation.com/restless-legs-syndrome-is-incurable-heres-how-to-manage-the-symptoms-248169

    MIL OSI – Global Reports

  • MIL-OSI Russia: Mikhail Piotrovsky became an Honorary Doctor of SPbPU

    Translartion. Region: Russians Fedetion –

    Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

    A ceremony of presenting the mantle and diploma of Honorary Doctor of SPbPU to the General Director of the State Hermitage Museum Mikhail Piotrovsky took place at Peter the Great St. Petersburg Polytechnic University.

    The decision to award this high title to the head of the country’s main museum was made unanimously by the members of the Academic Council on December 2, 2024.

    It is a great honor and happiness for us that such a legendary person as Mikhail Borisovich Piotrovsky has appeared in the ranks of the Polytechnics, without exaggeration, – SPbPU Rector, Academician of the Russian Academy of Sciences Andrei Rudskoy opened the ceremony and asked the Scientific Secretary of the Polytechnic Dmitry Karpov to present the new Honorary Doctor in accordance with protocol.

    It would seem that there is no person not only in St. Petersburg, but also far beyond its borders, who would not know the historian-orientalist, doctor of historical sciences, professor, academician of the Russian Academy of Sciences and the Russian Academy of Arts, Honorary Citizen of St. Petersburg Mikhail Borisovich Piotrovsky. However, Dmitry Karpov found such words and such an unusual presentation for the presentation of Mikhail Piotrovsky that the personality of the Hermitage director was revealed in a new and vivid way. The book “Good Tone. Conversations Without Courage, Recorded by Irina Klenskaya” helped with this. Thus, based on quotes from Mikhail Borisovich himself, Dmitry Anatolyevich composed a lively and figurative essay.

    Quote: Only culture is capable of transforming chaos into strict order, and the chaos of the world into harmony. That is why the Hermitage is becoming an important and powerful player in the public life of not only the country, but the entire world.

    Dmitry Karpov recalled the “Great Hermitage” program, which is based on the idea of making the collections of the country’s main museum accessible through a complex of open storage facilities and satellite museums. Cultural and educational centers have already been built: “Hermitage-Kazan”, “Hermitage-Ural”, “Hermitage-Vyborg”, “Hermitage-Siberia” in Omsk and “Hermitage-Eurasia” in Orenburg. They are being built in Kaluga, Nalchik, Vladivostok.

    Polytechnic students are well aware of the long-term and fruitful joint work of the university and the Hermitage: since 2016, an agreement on cooperation in the development and improvement of engineering systems and security systems for Hermitage facilities, in the field of 3D modeling, has been in force. During the year of the pandemic, Polytechnic students made about 11 thousand protective screens and masks for the museum. At the end of 2023, the agreement was updated and expanded. Within the framework of cooperation, the following are carried out: excursions for students Polytechnic University in the Restoration and Storage Center of the Hermitage “Staraya Derevnya”, thanks to which future specialists become familiar with modern engineering technologies, automation systems and support for the climate parameters of the storage facility, as well as the functioning of alternative energy.

    Dmitry Anatolyevich cited an excerpt from a story about the Atlanteans of the New Hermitage, work on which began in 1845: “Never in Europe has any sculptor produced such figures from granite as the ancient Egyptians and Greeks did. Now this fantastic art, this great skill has become Russian” – this is how contemporaries spoke about the creation of Alexander Ivanovich Terebenev.”

    The St. Petersburg Polytechnic University also has a special feeling for the Hermitage Atlanteans – in 2022, the team of the NTI Center of SPbPU completed laser scanning of the portico of the New Hermitage and the sculptures of the Atlanteans and processing of the obtained data. Based on the results of the work together with the Hermitage art historians, a large two-part article was published: “Information modeling for the preservation of cultural heritage: the portico of the new Hermitage building and the sculptures of the Atlanteans.”

    Laser scanning and data processing of the interior of the New Hermitage building was also carried out to create three-dimensional models as part of the “Virtual Tour of the Hermitage” project, and scanning of the Alexander Column on Palace Square.

    “It is a great honor and responsibility for the university to make a feasible contribution to the preservation of truly priceless symbols of our city, our common cultural heritage,” Dmitry Karpov emphasized, concluding the presentation. “Deeply respected Mikhail Borisovich, we are proud of our country, our culture and our Hermitage. And the fact that together with you we do everything possible so that our country is strong, rich, glorious and respected.”

    After this, the rector of the Polytechnic announced: “Bring in the Honorary Doctorate diploma, the mantle and the medal!”

    According to tradition, the doctoral gown and cap were brought into the hall of the Academic Council by students dressed in the uniform of polytechnics of the early 20th century. The ceremony was accompanied by the Gaudeamus anthem performed by the Polyhymnia choir. Mikhail Borisovich was presented with a book about the Honorary Doctors of the Polytechnic University – his page is in it.

    In his response, Mikhail Piotrovsky thanked for the honor bestowed upon him and noted that the tradition of conferring Honorary Doctors of the Polytechnic University is an important element of St. Petersburg culture. Mikhail Borisovich emphasized that he is connected with the Polytechnic University not only by long-term cooperation, but now by joint work in the St. Petersburg branch of the Russian Academy of Sciences, headed by Andrei Rudskoy.

    “We have many different connections,” noted Mikhail Piotrovsky. “My deputy, Alexey Valentinovich Bogdanov, associate professor, teaches at the Polytechnic University, 49 graduates of the university work at the Hermitage, you give us wonderful personnel. What we are doing together is the most important topic today for society: the combination of science and art. We have many opportunities for further joint work, entire programs that are very important both for us and for the development of science. We would like students, under the guidance of teachers, to participate in our digitalization processes, primarily in the field of big data. Together we could make an exhibition of beautiful exhibits of technical progress preserved in the Hermitage – wonderful astrolabes, spheres, globes, clocks. We have them, they all function, but it would be good to tell about them beautifully, developing the experience of the multimedia Hermitage. Today, the “Great Hermitage” was mentioned, our next project is “Heavenly Hermitage”, a cloud-based one, it is a backup copy in which everything that is not done in the earthly Hermitage can take place. And here we would like your intellectual and expert help.”

    Mikhail Piotrovsky said that the Hermitage has many advisory councils, and it would be possible to create a separate student council, under the leadership of teachers. As ideas for cooperation with students, Mikhail Piotrovsky also suggested thinking about forecasting the condition of museum objects and “taming technology.”

    In closing the ceremony, Andrey Rudskoy thanked Mikhail Piotrovsky for his businesslike approach and outlook on the future and promised that all ideas and proposals were accepted, would be discussed and implemented.

    Photo archive

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-OSI USA: MLK Legacy Awards Presented at Living Legacy Convocation

    Source: US State of Connecticut

    UConn’s MLK Legacy Awards for 2025 were presented on Friday, Jan. 31 during a ceremony at the Jorgensen Center for the Performing Arts. The ceremony was part of the MLK Living Legacy Convocation, which featured Grammy-nominated singer and songwriter Todd Dulaney and UConn’s Voices of Freedom gospel choir.

    The MLK Legacy Awards at UConn are presented by the Office for Diversity and Inclusion and recognize members of the community who have demonstrated a commitment to raising awareness, fighting injustices, assisting their communities, and embodying the Rev. Martin Luther King Jr.’s philosophy of nonviolence. The awards affirm and honor work and a continued dedication to making communities just, equitable, and fair for all people.

    This year’s winners by category are:

    Undergraduate Student – Andy Zhang ’26 (CLAS)

    Zhang is pursuing dual degrees in economics and environmental sciences. The Sandy Hook native works as an intern in the Office of Sustainability and is the founder and president of the UConn chapter of Plant Futures. He is also an intern with Friends of the Earth. Zhang is passionate about progressive policy and food advocacy and hopes to pursue a career focused on creating equitable and sustainable food systems through innovative policy solutions.

    Graduate Student – Adanma Akoma

    Akoma is a doctoral student in the Department of Materials Science and Engineering and focuses on advanced characterization of materials used for industries that include energy and biomedicine. She serves as the president of BlackSTEM – a group for Black scholars pursuing graduate degrees in the STEM field and is the creative director and founder of the Writing Black Collective (WBC).  Her most recent project for WBC provides a platform for a cohort of writers that aim to demystify the challenges that are often faced by minority students in pursuit of doctoral degrees.

    Community Member – Nelson Merchan

    Merchan is a business advisor at UConn’s Small Business Development Center. In 2019, he was recognized as the state’s top business advisor for securing the highest lending impact. Merchan is a board member of the Western Connecticut State University Foundation, Housatonic Habitat for Humanity, and Housatonic Industrial Corp. Merchan has participated in entrepreneurship development programs in Costa Rica, Chile, and El Salvador.

    Alumni – N. Chineye (Chi) Anako ’12 (CLAS)

    Anako is a public health practitioner whose work has focused on the intersection of public health and health equity solutions. She is currently the regional director of diversity, equity, and inclusion at Trinity Health. She also serves as administrator of the 3+1 Language Services Program at the organization, which provides cultural and linguistic services to patients. Anako serves on the board of the Copper Beech Institute and Universal Health Care Foundation of Connecticut.

    Faculty – Kate Capshaw

    Capshaw is associate dean of diversity, equity, and inclusion in the College of Liberal Arts and Sciences. She has shaped cluster hires that brought new faculty to UConn, worked with departments on inclusion, and supported research and pedagogy on diverse topics and approaches. She is a professor of English and social and critical inquiry, teaching courses on Black youth culture, the graphic novel, and youth literatures. Her research focuses on the role of Black childhood to social justice movements, and she has published books on the Harlem Renaissance, Civil Rights Movement, and 19thcentury Black childhoods, along with  dozens of essays on race, culture, and creativity.

    Staff – Alexis T. R. Monteiro

    Monteiro is a residence hall director committed to fostering equitable and developmental spaces for students and professionals. A first-generation First Year Experience instructor, Monteiro champions impactful initiatives like the prayer room and “Humans of UConn” art exhibit in McMahon Residence Hall. He is the diversity, equity, inclusion, and belonging chair of the Northeast Association of College and University Housing Officers and chair of the Black Professional Network for the Association of College and University Housing Officers-International.

    Team – College of Agriculture, Health and Natural Resources’ Diversity, Equity, Inclusion, and Justice Strategic Vision Implementation Committee

    This committee includes faculty and staff representing the nine academic units in the college. The committee’s goal is to develop mechanisms to build systems with clear and meaningful commitment to DEIJ in the college. The group’s four priority areas are: increasing the diversity of CAHNR community; creating inclusive, culturally sustaining learning environments; identifying and addressing harmful institutional policies and practices; and creating pathways to successful community engagement.

    MIL OSI USA News

  • MIL-OSI United Kingdom: Can a daily glass of milk really cut risk of cancer?

    Source: Anglia Ruskin University

    By Justin Stebbing, Anglia Ruskin University

    A glass of milk a day could help keep bowel cancer away – or so finds a study by Oxford University and Cancer Research UK. The research suggests that increasing daily milk intake by as little as one glass could have a significant impact on lowering the likelihood of developing bowel cancer.

    There are nearly 45,000 cases of bowel cancer every year in the UK, making it the nation’s fourth most common cancer – and third worldwide – but many of these are preventable. According to Cancer Research UK data, 54% of all bowel cancers could be prevented by having a healthier lifestyle. Smoking, lack of exercise, alcohol, eating processed meat, and poor diet are all significant factors in the development of bowel cancer.

    As an oncologist, I advise my patients about how diet and lifestyle can influence health, including the risk of developing cancer. But this research – one of the largest studies into diet and disease so far – has shed new light on how easy, cheap diet changes can help everyone to reduce their cancer risk.

    For example, as well as drinking an extra glass of milk per day, reducing consumption of alcohol and red and processed meat could also help protect against cancer. The study found that drinking an additional 20g of alcohol a day, equivalent to a large glass of wine, increased bowel cancer risk by 15%. Consuming more than 30g of red and processed meat daily was linked to an 8% increase in bowel cancer risk.

    Researchers took a novel, two-pronged approach to examine the association between milk consumption and bowel cancer risk. First, they analysed genetic data from over 542,000 women and focused on variants – tiny changes in DNA – associated with lactase persistence, the ability to digest lactose in adulthood.

    Second, the team collected detailed dietary information from participants, including their daily milk intake. By combining these two data sets, the researchers were able to better estimate the causal effect of milk consumption on bowel cancer risk.

    Striking results

    The analysis revealed that participants who consumed an additional 244g of milk per day – roughly equivalent to one large glass containing 300mg of calcium – had a 17% lower risk of developing bowel cancer. This reduction in risk applied to various types of milk, including whole, semi-skimmed and skimmed.

    Researchers found that the protective effect of milk consumption was independent of other dietary factors and lifestyle habits. This suggests that the benefits of milk in reducing bowel cancer risk are not because milk replaces unhealthy food choices or is consumed as part of an overall healthier lifestyle.

    The reasons why milk consumption may reduce bowel cancer risk are not fully understood, but the researchers propose several potential explanations. First, milk is a rich source of calcium, which has been linked previously to a reduced risk of bowel cancer. Calcium may help protect against cancer by binding to potentially harmful substances in the gut and promoting the death of abnormal cells.

    Next, many milk products are fortified with vitamin D, which has been shown to have anti-cancer properties and may help regulate cell growth and division. Also, the lactose in milk can promote the growth of beneficial gut bacteria that produce butyrate, a short-chain fatty acid with anti-inflammatory and anti-cancer effects. Finally, milk contains conjugated linoleic acid, a fatty acid found in meat and dairy products, which, according to a 2021 labratory study, could also have anti-cancer properties.

    Crucially, milk consumption may not be suitable or beneficial for everyone. Those with lactose intolerance, milk allergies, or other dietary restrictions should consult with healthcare professionals before making significant changes to their dairy intake.

    Overall, this groundbreaking research provides compelling evidence for the potential role of milk consumption in reducing bowel cancer risk. The finding that a relatively modest increase in daily milk consumption could lead to a significant reduction in bowel cancer risk is particularly encouraging. It suggests that small, achievable changes in diet could have meaningful impacts on public health.

    As we continue to unravel the complex relationships between diet and disease, studies like this one provide valuable insights that can inform both individual health choices and broader public health strategies. The potential for a simple dietary change to have such a significant impact on cancer risk underscores the importance of continued research in this field and highlights the power of nutrition in shaping our health.

    Justin Stebbing, Professor of Biomedical Sciences, Anglia Ruskin University

    This article is republished from The Conversation under a Creative Commons license. Read the original article.

    The opinions expressed in VIEWPOINT articles are those of the author(s) and do not necessarily reflect the views of ARU.

    If you wish to republish this article, please follow these guidelines: https://theconversation.com/uk/republishing-guidelines

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Minister for European Union Relations speech at EU-UK Forum

    Source: United Kingdom – Government Statements

    A speech delivered in Brussels at the EU-UK Forum by Nick Thomas-Symonds, Minister for European Union Relations.

    Many thanks, Paul, and many thanks to the EU-UK Forum for organising this conference.

    And, of course, for the invitation for me to come along to speak.

    I suppose I should also say a big thank you to the Prime Minister for the warm-up act last night.

    It’s a real pleasure to share a stage with my EU counterpart Maros Sefcovic.

    Even though, of course, Maros joined us virtually, our mutual goal of reaching a better UK EU relationship is very real.   

    And today, I want to explain why that is so important…

    …what it could mean for the UK and for Europe…

    …and what I believe the defining structure of that relationship could look like. 

    It is obvious to me – as I am sure it is to all of you – that at a time of such intense global change, the UK and the EU have many mutually aligned interests and challenges.

    We want increased prosperity…

    … we want to strengthen our security…

    …and we want our citizens to be safe. 

    Those joint challenges that we face were powerfully set out by our UK Chancellor, Rachel Reeves…

    …and, indeed, the President of the European Commission, Ursula von der Leyen just last week.

    In her growth speech, my Friend the Chancellor didn’t shy away from the economic challenges that we are confronting. She said:

    “Growth will not come without a fight. Without a government willing to take the right decisions now to change our country’s future for the better.  

    “But for too long, that potential has been held back.”  

    On the same day, the President von der Leyen presented the ‘Competitiveness Compass’ saying that, and I quote:

     “Europe has everything it needs to succeed. But, at the same time, we must fix our weaknesses to regain competitiveness.” 

    The ‘Competitive Compass’ sets out the importance of “trade openness”, “not only for sustaining Europe’s prosperity, but also for enhancing its resilience”.

    We know that low growth is not the destiny for our economies. 

    Research and innovation…

    …reducing red tape…

    …a new skills agenda…

    …boosting productivity…

    …a more resilient economy…

    …all these elements found in the Compass are also crucial parts of the Prime Minister’s Plan for Change.  

    These are areas of mutual interest to both of our economies

    It is also clear about the vital interconnection between security and prosperity…

    …that is why the work we are all engaged in – that Maroš and I are driving forward – is so vital.

    In the UK and indeed in Brussels – we are clear-eyed about the scale of challenges that we face – and the opportunities for growth and innovation.

    The European Union is the UK’s biggest trading partner, with trade totalling – in 2023 – over £800bn.

    Many of our best education and science facilities have lifelong links…

    …and our collaboration on research and development has been the springboard for hugely successful innovations that have driven growth and jobs. 

    And in a more uncertain world, we are regularly reminded that allies are more secure together than they are apart.

    This Government’s position is simple: the UK and the EU are linked through trade and international organisations like NATO…

    …and even though we voted to leave the EU, our role as key allies and trade partner remains.

    We know that for these relationships to flourish, trust is a vital ingredient.  

    This Government recognises that the UK’s signature means something.

    So, we are committed to implementing the Trade and Co-operation Agreement and the Windsor Framework and building on that structure to address emerging challenges and opportunities.

    Now, I want to say – straightforwardly – that we see real opportunities to improve the status quo.

    As ‘Businesseurope’ set out in their report this Autumn: 

    “There remain many unnecessary barriers to trade and investment. Following the elections of new governments in the EU and UK, there is a clear opportunity to upgrade the relationship to deliver for businesses and citizens.”

    I agree with them. 

    A study published last year showed that between 2021 and 2023, the goods EU businesses export to the UK were down by 32%…

    …while UK goods exports to the EU were down by 27%.

    That is not good for British business or European businesses…

    …especially at a time when our economies need a kickstart. 

    Reducing trade barriers is of mutual benefit to the UK and the EU. 

    [redacted political content]

    It was vital that we re-joined Horizon…

    …we should never have left in the first place…

    …but the gap in continuity and other challenges means we haven’t together achieved as much as we could have done.

    It’s especially bad when global competition for innovation has never been fiercer.

    When the UK should have been working more closely with international law enforcement on security…

    …we frankly wasted years undermining the role of the ECHR, in pursuit of a doomed Rwanda deportation scheme.

    We cannot continue in this way with one of our largest, most important partners… 

    …that is why this Government will always work in the UK’s national interest…

    …and for me, that means being a ruthlessly pragmatic negotiator.

    That means making the case for closer working with our allies in the EU, to make people across the UK and the EU safer, more secure and more prosperous…

    …that means making sure that we are working to strengthen cooperation, moving away from a zero sum, win, lose dynamic we have seen in recent years…

    …and that is the spirit I take into discussions with the EU. 

    The UK and the EU have many mutually beneficial interests… 

    …I want to build on these as we work to reset our relationship…

    …to help construct a more secure, a safer and a more prosperous UK and EU. 

    Now this British Government was elected on a mandate…

    …to strengthen national security by reconnecting with our allies…

    …to increase people’s safety through strong borders…

    …and increase prosperity through growth.

    Our European friends are a part of every single one of those priorities…

    …and I believe it’s these priorities that form the three pillars of a reset in our relationship.

    On security – you saw yesterday how seriously we’re taking this.

    Our Prime Minister met with all 27 of the EU leaders and the Secretary General of NATO… 

    …discussing the common threats we face…

    …and the value that closer EU-UK cooperation on defence could bring…

    …whether it’s securing undersea cables or working together on research and development. 

    On safety – I am clear that if we want to protect our respective borders and keep our citizens safe, then we need to work together.

    That is the only way we’re going to break up the vile global trade in human trafficking…

    …that’s the only way to tackle organised crime and terrorism, which plagues us all. 

    And on prosperity – if we want to grow our economies…

    …and boost our living standards…

    …then we need to reduce barriers to UK and EU trade. 

    And I am pleased to say that – that on all three of these issues – we are making progress. 

    On security, the Prime Minister and the President of the European Council have made clear they wanted closer cooperation on security and defence…

    …and the EU High Representative and the Foreign Secretary have already agreed to new six-monthly Foreign Policy dialogues 

    On safety, we have already increased the UK’s presence at Europol…

    …but I want us to go further. 

    We need to find to find ways to better coordinate law enforcement so that we can smash the gangs behind the small boats. 

    To make people safer, we must do all we can to strengthen our collective ability to tackle organised crime and work together on illegal migration.

    Afterall, these are shared challenges. 

    And on prosperity, we have said we will seek to negotiate a Sanitary and Phytosanitary agreement to remove barriers to trade…

    …and find ways to resolve issues like the Mutual Recognition of Professional Qualifications.

    We can go much further on energy and the green transition.

    Our Government’s commitment is to Make Britain a Clean Energy superpower by 2030… 

    …and together, we need to deliver energy security so that we are never again left exposed as we were when Russia – illegally – invaded Ukraine.

    These challenges all span borders and we must work together to seize opportunities that lie ahead.

    All of this work is supported by much greater cooperation between the UK Government and the EU. 

    Right from the very top – with the Prime Minister meeting with President von der Leyen and Council President Costa…

    …agreeing to a leader-level summit that will be held in May, where we hope we can deliver a balanced, yet ambitious outcome to benefit all of our citizens.

    Just before Christmas, our Chancellor attended a meeting of the EU finance ministers…

    …the first time a British Chancellor has been invited to the Eurogroup since Brexit.

    These meetings form only some of the nearly 70 direct engagements…

    …between UK Ministers and our EU counterparts since coming into Government…

    …and I look forward to many more ahead. 

    And I say to you all: I look forward to working with you throughout this year and into the future.

    But ladies and gentlemen – the time for ideologically-driven division is over…

    …the time for ruthless pragmatism is now.

    It is through a new partnership between the UK and the EU that we will deliver for the people of the United Kingdom, and for people across the continent.

    The future of the EU and the UK lies beyond the status quo…

    …reaching forward to deliver benefits for all our people to share.

    So, let us rise to our shared challenges and grasp this opportunity.

    Because together we will create a stronger UK and we will create a stronger Europe.

    Thank you very much.

    Updates to this page

    Published 4 February 2025

    MIL OSI United Kingdom

  • MIL-OSI Russia: History in a convenient format: six more audio guides have appeared on the “Discover Moscow” portal

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    The Discover Moscow portal has six new audio guides for independent walks around the city. Now residents and guests of the capital can go on an audio-guided tour, during which they will be told about iconic architectural sites.

    “We try to make getting to know the history and architecture of Moscow fascinating and accessible to everyone. It is important to us that everyone can explore the city at any time in a convenient format and at their own pace. Therefore, adding audio guides to thematic routes is one of our traditional areas of work to popularize the cultural heritage of the capital,” said the head of the Moscow City Heritage Department.

    Alexey Emelyanov.

    One of the routes is dedicated to the 240th anniversary of the birth of the architect Osip Bove, who restored the center of Moscow after the fire of 1812. Among his significant works are the Gostiny Dvor building and the Theater Square with the Bolshoi Theater. Another route introduces listeners to the work of Fyodor Shekhtel. It is dedicated to the 165th anniversary of the architect’s birth.

    An audio version has also appeared for the route “From Krasnye Vorota to Chistoprudny Boulevard”, which runs along the historic Myasnitskaya Street – once an important commercial artery of the city. It was home to famous shops, theaters and art galleries, as well as buildings mentioned in the works of Russian classics (for example, Anton Chekhov and Fyodor Dostoevsky).

    Another excursion goes along Varvarka, one of the oldest streets in the capital. According to legend, it was along this street that Dmitry Donskoy returned from Kulikovo Field. The Church of All Saints was consecrated in memory of the fallen soldiers. It became the first church-monument to Russian military glory.

    The audio version of the route “Along Sukharevskaya Square and Sretenka Street” is now also available, introducing the history of one of the most famous corners of Moscow. The legendary Sukharev Tower, which served as a symbol of the city for a long time, was located here. Despite the fact that the structure was demolished in 1934, its history continues to attract the attention of researchers and tourists, remaining an important part of the cultural past of the capital.

    The sixth route passes through the territory of the Novodevichy Convent, which celebrated its 500th anniversary in 2024. This architectural monument, included in the UNESCO World Heritage List, is associated with the fates of Russian monarchs and holds many legends.

    “Get to Know Moscow” is a joint project of the capital’s departments information technology, cultures, cultural heritage, education and science. On portal and in mobile applicationYou can find more than 280 walking routes, photographs and descriptions of over 2.3 thousand buildings, 700 monuments and 400 museums.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/nevs/ite/149666073/

    MIL OSI Russia News

  • MIL-OSI Asia-Pac: Tourism as a Key Driver for Employment and Growth Budget 2025-26 Focuses on Infrastructure, Medical Tourism, and Heritage Conservation

    Source: Government of India (2)

    Posted On: 04 FEB 2025 2:19PM by PIB Delhi

    Introduction

    India’s tourism sector, rich in heritage, culture, and diversity, is emerging as a global favorite and a key driver of economic growth. Recognizing its potential for employment-led development, the Union Budget 2025-26 has allocated ₹2541.06 crore to enhance infrastructure, skill development, and travel facilitation. A major initiative includes developing 50 top tourist destinations in partnership with states through a challenge mode, ensuring world-class facilities and connectivity. With committed efforts, tourism is set to drive India’s progress toward becoming a developed nation by 2047.

    Employment-Led Growth in Tourism

     

    The tourism sector’s contribution to GDP regained the pre-pandemic level of 5 per cent in FY23. The tourism sector created 7.6 crore jobs in FY23.  International tourist arrivals (ITAs) in India have rebounded to pre-pandemic level in 2023. The share of India’s ITAs in World ITAs stands at 1.45 per cent in 2023. Foreign exchange earnings through tourism were 28 billion USD. India received 1.8 per cent of world tourism receipts and attained a rank of 14th worldwide in world tourism receipts during 2023.

    Measures to Facilitate Employment-Led Growth in the 2025-26 Budget:

    1) Organizing intensive skill-development programmes for our youth including in Institutes of Hospitality Management

    2) Providing MUDRA loans for homestays

    3) Improving ease of travel and connectivity to tourist destinations

    4) Providing performance-linked incentives to states for effective destination management including tourist amenities, cleanliness, and marketing efforts and

    5) Introducing streamlined e-visa facilities along with visa-fee waivers for certain tourist groups.

    Transforming Tourism Infrastructure: Enhancing Connectivity and Investment

    Presenting the budget, Finance Minister Smt. Nirmala Sitharaman announced a landmark initiative to develop 50 top tourist destinations in partnership with states through a challenge mode. This initiative aims to elevate tourism infrastructure, improve ease of travel, and strengthen connectivity to key sites. As part of this framework, states will be required to provide land for critical infrastructure, including hotels, which will be classified under the Infrastructure Harmonized Master List (HML) to attract investments and boost hospitality services.

    Furthering this commitment, 40 projects across 23 states will receive interest-free loans for 50 years, amounting to ₹3,295.8 crore under the Special Assistance to States for Capital Investment. This funding will support the creation of globally recognized tourist destinations by facilitating their development and strategic marketing. Additionally, the Swadesh Darshan Scheme 2.0 (SD 2.0), which focuses on sustainable and responsible tourism, will continue to expand, with 34 projects already approved under this initiative, receiving ₹793.2 crore in total funding. To strengthen employment opportunities in the tourism sector, Government has allocated ₹60 crore for skill development in the financial year 2025-26. This funding will support intensive skill-development programs for youth, including training in hospitality management and other tourism-related services.

    Revitalizing Spiritual Tourism: A Focus on Heritage and Pilgrimage

    Recognizing the deep cultural and spiritual significance of religious tourism, the government will prioritize the development of sites associated with pilgrimage and heritage. Special emphasis will be placed on destinations linked to the life and teachings of Lord Buddha, aligning with India’s vision to become a key center for Buddhist tourism.

    The Pilgrimage Rejuvenation and Spiritual Augmentation Drive (PRASHAD) will continue to play a crucial role in enhancing infrastructure at major pilgrimage sites and heritage cities, ensuring world-class amenities and accessibility for visitors. By strengthening spiritual tourism, the government aims to position India as a global cultural hub while driving economic growth and employment generation in the sector.

    Medical Tourism: Strengthening India’s Global Position Through “Heal in India”

    Recognizing the immense potential of India’s healthcare sector, the Union Budget 2025-26 prioritizes medical tourism as a key growth driver. Finance Minister Smt. Nirmala Sitharaman announced that medical tourism and the “Heal in India” initiative will be promoted in partnership with the private sector, enhancing India’s position as a premier global healthcare destination. By leveraging world-class medical expertise, cutting-edge infrastructure, and traditional wellness systems like Ayurveda and Yoga, India aims to attract a larger share of international patients seeking high-quality, cost-effective treatment.

    Growing Potential of Medical Value Travel (MVT)

    India’s Medical Value Travel (MVT) sector is witnessing significant growth. The market, valued at $2.89 billion in 2020, is projected to reach $13.42 billion by 2026, driven by increasing foreign patient arrivals seeking high-quality and cost-effective treatment.

     India’s key advantages in this sector include:

    Specialties in Focus

    The Indian Healthcare Ecosystem is delivering world-class medical care/treatment across the healthcare spectrum ranging from Modern Medicine, Ayurveda, Yoga, and other Traditional Systems of Healthcare. It provides tertiary-quaternary care, treatment for serious chronic and non-communicable diseases, comprehensive rehabilitation across all major medical specialties such as cardiac care, orthopedics, neurosciences, oncology, and promotive health-revitalization, functional health, and therapeutic wellbeing.

    Medical Visa Introduction

    Gyan Bharatam Mission

    Finance Minister also said that documentation and conservation of our manuscript heritage with academic institutions, museums, libraries and private collectors will be undertaken to cover more than 1 crore manuscripts. She added that Government will set up a National Digital Repository of Indian knowledge systems for knowledge sharing.

    Conclusion

    The Government of India is committed to positioning the country as a global leader in tourism by enhancing infrastructure, boosting employment, and promoting diverse tourism segments, including spiritual, medical, and heritage tourism. The “Heal in India” initiative and Medical Value Travel sector underscore India’s growing prominence as a premier healthcare destination. Additionally, the Gyan Bharatam Mission aims to preserve and digitize India’s rich manuscript heritage, ensuring knowledge accessibility for future generations. With a strong emphasis on ‘Seva’ and ‘Atithi Devo Bhava,’ India is set to redefine its tourism landscape and establish itself as a world-class destination.

    ***

    References:

     

    1. https://www.indiabudget.gov.in/doc/eb/sbe99.pdf
    2. https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2098371
    3. https://www.indiabudget.gov.in/economicsurvey/doc/echapter.pdf 
    4. https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2098371
    5. https://www.investindia.gov.in/blogs/unlocking-potential-medical-value-travel-india-importance-and-key-factors-developing
    6. https://healinindia.gov.in/

    Click here to see in PDF:

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: CLIMATE-RESILIENT CROP VARIETIES

    Source: Government of India

    Posted On: 04 FEB 2025 1:31PM by PIB Delhi

    National Agricultural Research System (NARS) including ICAR Institutes and State/Central Agricultural Universities (CAU/SAU) under the aegis of Indian Council of Agricultural Research (ICAR) has developed 2900 varieties of different crops during 2014-2024, out of which 2661 varieties are climate resilient. During this period, 63 field crop varieties have been developed for Kerala state, comprising of 23 of cereals, 2 of oilseeds; 10 of pulses; 15 of forage crops and 13 of sugarcane of which 58 are climate resilient. 

    Centrally Sponsored Scheme of Per Drop More Crop (PDMC) of Govt. of India, has been implemented since 2015-16 which focuses on enhancing water use efficiency at farm level through micro Irrigation system like drip and sprinkler Irrigation systems. The PDMC was implemented as a component of Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) during 2015-16 to 2021-22 and under the Rashtriya Krishi Vikas Yojana (RKVY) from 2022-23 onwards. The various components of this scheme helps in water saving as well as reduced fertilizer usage through fertigation, labour expenses, other input costs and overall income enhancement of the farmers. The Government provides financial assistance @ 55% to the small and marginal farmers and @ 45% to other farmers for installation of drip and sprinkler systems under the PDMC.

    To help the farmers for taking decisions on day-to-day agricultural operations for reduction of crop damage and loss due to extreme weather as well as taking advantages of benevolent weather conditions, India Meteorological Department (IMD) runs a scheme – Gramin Krishi Mausam Sewa (GKMS) to render weather forecast based operational Agrometeorological Advisory Services (AAS) in collaboration with Indian Council of Agricultural Research (ICAR), State Agriculture Universities

    (SAUs) and other institutions for the benefit of farming community. Under this scheme, presently 130 Agromet Field Units (AMFUs), located at SAUs, institutes of ICAR and Indian Institute of Technology (IIT) etc. are operational across the country. Along with the biweekly bulletins, daily weather forecast and nowcast information are also disseminated to the farmers by Regional Meteorological Centers (RMCs) and Meteorological Centers (MCs) of IMD. Out of the 130 AMFUs, 5 AMFUs viz. Ambalavayal, Pillicode, Thrissur, Vellayani and Kumarakomare preparing the district level AAS bulletins for all agriculturally important districts of Kerala. These units are also involved in dissemination of AAS to the farmers through multichannel dissemination system like print and electronic media, Door Darshan, radio, internet etc. including SMS using mobile phones through Kisan Portal and also through private companies under Public Private Partnership (PPP) mode. SMS-based alerts and warnings along with suitable remedial measures are being sent during extreme weather events like cyclone, deep depression etc. through Kisan Portal.

    Farmers access weather information including alerts and related agromet advisories specific to their districts through the mobile App viz., ‘Meghdoot’ and ‘Mausam’ launched by Govt. of India. To extend real-time weather updates to farmers for taking appropriate decisions on farm operations, AMFUs also use Social media platforms like ‘WhatsApp’, ‘Facebook’, ‘YouTube’ etc. In Kerala, these services have been integrated in Agriculture Information Management System (AIMS), Department of Agriculture & Farmers Welfare, Govt. of Kerala. About 40 lakhs farmers are accessing the information in English and regional language from this platform.

    Recently, Ministry of Earth Sciences (MoES), in collaboration with the Ministry of Panchayati Raj (MoPR), has launched Panchayat-level weather forecasts for nearly all Gram Panchayats in India on 24th October 2024. These forecasts are accessible on digital platforms such as e-Gramswaraj (https://egramswaraj.gov.in/), the Meri Panchayat app, e-Manchitra of MoPR, and Mausamgram of IMD, Ministry of Earth Science.

    For drought monitoring, Department of Agriculture & Farmers’ Welfare (DA&FW) has developed a Geoportal in collaboration with Space application Centre (SAC), ISRO. This Geoportal hosts data of multiple drought indicators related to rainfall, soil moisture, remote sensing based crop condition, water storages etc. This portal is a single window digital platform which provide drought indicators and enable various stakeholders towards easy, timely and objective assessment of drought situation at district or tehsil level. It also helps in identifying potential drought conditions enabling timely interventions to support effective drought management strategies.

    This information was given by Minister of State for Agriculture and Farmers Welfare, Shri Bhagirath Choudhary in a written reply in Lok Sabha today.

    ******

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    MIL OSI Asia Pacific News

  • MIL-OSI Africa: Civil Society Organizations Brief the Committee on the Elimination of Discrimination against Women on the Situation of Women in the Democratic Republic of the Congo, Nepal, Belarus and Luxembourg

    Source: Africa Press Organisation – English (2) – Report:

    GENEVA, Switzerland, February 4, 2025/APO Group/ —

    The Committee on the Elimination of Discrimination against Women was this afternoon briefed by representatives of civil society organizations on the situation of women’s rights in the Democratic Republic of the Congo, Nepal, Belarus and Luxembourg, the reports of which the Committee will review this week.

    In relation to the Democratic Republic of the Congo, speakers raised concerns regarding gender-based violence and abuse of internally displaced women and girls in the context of the escalating conflict, and the impact of the withdrawal of the United Nations Organization Stabilization Mission in the Democratic Republic of the Congo.

    On Nepal, speakers addressed discrimination against vulnerable women, including indigenous women and girls, lesbian, bisexual, transgender and intersex women, and women sex workers; anti-discrimination legislation; and the participation of women in political processes.

    Non-governmental organizations speaking on Belarus raised topics including the dissolution of civil society organizations, imprisonment of women human rights defenders, and barriers to access to justice for women.

    Regarding Luxembourg, a speaker raised issues related to a lack of gender sensitive policies and measures to address intersecting forms of discrimination, and the subordination of women through the social system.

    The National Human Rights Commissioner of the Democratic Republic of the Congo spoke on the country, as did the following non-governmental organizations: Centre for Migration, Gender, and Justice; Groupe d’Action pour les Droits de la Femme; and SAVIE ASBL LGBT.

    Regarding Nepal, the following non-governmental organizations spoke: Forum for Women, Law and Development; Feminist Dalit Organization; Nepal Indigenous Women Federation; Sex Workers and Allies South Asia and Team; Campaign for Change, Mitini Nepal, and Intersex Asia; and Visible Impact.

    The following non-governmental organizations spoke on Belarus: Belarusian Helsinki Committee; Human Constanta; Belarusian Congress of Democratic Trade Unions; Coalition against gender-based and domestic violence; and Our House.

    A representative of the Consultative Commission of the Grand-Duchy of Luxembourg on Human Rights spoke on Luxembourg.

    The Committee also held an informal meeting with the Working Group on Business and Human Rights and representatives from civil society and the business sector on “increasing the bottom line through smart, gender-inclusive, rights-focused approaches in digitisation.”

    Opening the meeting, Nahla Haidar, the newly elected Committee Chairperson, said artificial intelligence and digital technologies had revolutionised everyday life and business practices across sectors in ways that were never envisioned in the past. She called for action to prevent bias and discrimination against women through cyber-enabled modalities; expand women’s economic opportunities in the new digital era; and equip women and girls with necessary skills, capacities and tools to contribute to providing digital solutions.

    In the meeting, speakers discussed topics such as measures to prevent discrimination of women in the private sector, and particularly in the field of technology; measures to promote access to science, technology, engineering and maths education for women; measures to address the impacts of artificial intelligence on women; and measures to protect women’s rights in the energy transition era.

    Committee Experts and members of the Working Group spoke in the meeting, as did representatives of the United Nations Office of the High Commissioner for Human Rights, the World Trade Organization, and various private sector and civil society organizations.

    The Committee on the Elimination of Discrimination against Women’s ninetieth session is being held from 3 to 21 February. All documents relating to the Committee’s work, including reports submitted by States parties, can be found on the session’s webpage. Meeting summary releases can be found here. The webcast of the Committee’s public meetings can be accessed via the UN Web TV webpage.

    The Committee will next meet in public at 10 a.m. on Tuesday, 4 February to consider the report of the Democratic Republic of the Congo submitted under the exceptional reporting procedure (CEDAW/C/COD/EP/1).

    Opening Remarks by the Committee Chair

    NAHLA HAIDAR, Committee Chairperson, said that during each session, the Committee invited national and international non-governmental organizations to informal public meetings to provide specific information on the States parties that were scheduled for consideration by the Committee. She welcomed the representatives of non-governmental organizations and national human rights institutions that had come to provide information on the States parties whose reports were being considered this week: Democratic Republic of the Congo, Nepal, Belarus and Luxembourg.

    Statements by Non-Governmental Organizations from the Democratic Republic of the Congo, Nepal and Belarus

    Democratic Republic of the Congo

    On the Democratic Republic of the Congo, speakers, among other things, said violence against displaced persons was on the rise in the State. Gender-based violence, specifically, was rampant, leaving survivors with limited access to justice. Displaced women had a lack of access to reproductive health care and were giving birth in unsafe conditions. The economic struggles that displaced women and girls faced were equally alarming. With scarce income opportunities, many were driven to survival sex, which exposed them to sexual exploitation and abuse.

    The withdrawal of the United Nations Organization Stabilisation Mission in the Democratic Republic of the Congo raised real concerns. Plans from national authorities to take on the responsibilities of the Mission remained lacking. Armed militias and members of the security forces continued to abuse women with impunity. There were also “tolerance houses” where internally displaced women and girls were sexually abused. Justice remained inaccessible for most survivors.

    Speakers called on the Government to bolster administrative capacities; ensure the transfer of United Nations facilities to the armed forces; investigate “tolerance houses” and hold perpetrators of gender-based violence criminally liable; control the spread of weapons; and ensure justice and dignity for all women in the State. Speakers also called for a national migration strategy that was gender-responsive; mechanisms for gender-based violence prevention, mitigation, and response; provision of health services and resources, especially with regards to maternity health, that connected to related concerns such as food insecurity and nutrition; and programmes to expand livelihood provisions that supported displaced women and girls.

    Nepal

    Speakers said Nepal had yet to enact a robust anti-discrimination law, making women more vulnerable to abuse. There was a need to criminalise discrimination against women and eliminate all discriminatory legal provisions against them. The State party also needed to allocate sufficient human and financial resources to public bodies working on women’s rights. Appropriate support needed to be provided to women victims of violence.

    Fifteen per cent of Nepal’s population of women faced multiple forms of discrimination; many women faced social exclusion and violence. Some girls did not report crimes due to a lack of trust in the justice system.

    Nepal needed to amend the Constitution to address historical discrimination of indigenous women and to recognise the customary laws of indigenous people. The Government needed to amend the act on the rights of persons with disabilities to address the rights of indigenous women with disabilities. Access to justice needed to be promoted for indigenous women and women with disabilities.

    Nepal had failed to ratify the Palermo Protocol, and human trafficking and sex work were treated as the same in the country. Sex workers faced various forms of discrimination and violence. Nepal’s legislation had a direct impact on sex workers’ access to citizenship. Legislation on trafficking in persons needed to be amended to differentiate between trafficking and sex work. The Government also needed to facilitate sex workers’ access to citizenship and promote awareness raising campaigns on the rights of sex workers.

    Lesbian, bisexual, transgender and intersex girls faced harmful treatment and violence, and systematic discrimination in education and healthcare in Nepal, and the Government had failed to act in response. The Government needed to ensure such women could access single women’s allowances, redefine marriage to include gender-free terminology, and support this group’s access to rights.

    Education on sexual and reproductive health remained optional and inadequate in Nepal. It needed to be made compulsory. Legislation needed to be amended to fully decriminalise abortion, particularly abortions in cases of rape. The State also needed to amend legislation to include sexual and reproductive health and rights and sensitise health care providers and community members on safe births. It further needed to decriminalise sexual relations between consenting adolescents under the age of 18.

    The meaningful participation of women in political processes was lacking; many women politicians faced violence. Nepal needed to investigate historic violence against marginalised women, collect disaggregated data on women, enhance women’s leadership capacities, take measures to eliminate discrimination against marginalised women and girls, and provide quality health services to all women and girls, particularly indigenous women, at a minimal cost.

    Belarus

    Speakers on Belarus said the Constitution did not provide effective protection against discrimination. Women’s rights to education and health care were limited. Belarus had institutionalised discriminatory food provisions; women and girls were not able to access fruit and nuts, leading to long-term health risks.

    Access to justice for women was undermined by the persistent persecution of women human rights defenders. Women activists had been falsely labelled as terrorists despite their peaceful actions. The State had systematically dissolved various civil society organizations, including many that supported women. Almost 2,000 non-governmental organizations had been forced to liquidate. All women’s organizations that had prepared shadow reports to the Committee for the last review had been liquidated. It was immensely difficult to find legal assistance due to the political suppression of lawyers. In 2022, the Government had forcibly liquidated all trade unions. Six women trade union activists remained in prisons.

    At least 139 women were political prisoners in Belarus. They lacked access to healthcare and were persistently ill-treated. Imprisoned women faced forced labour and modern forms of slavery. If women refused to work, they were put in “cages of shame” and forced to stand outside for several hours. Women prisoners earned between five and 10 euros per month and faced harsh penalties for not meeting quotas.

    When domestic violence cases were reported to police, police screened the political activities of the victim rather than provide support. Victims and aggressors were invited together to meetings with authorities, promoting impunity.

    Women migrants were vulnerable to trafficking and violence. Domestic violence was not a ground for asylum in Belarus.

    Luxembourg

    No non-governmental organizations spoke on the situation of women in Luxembourg.

    Questions by Committee Experts

    A Committee Expert said that there were many laws and policies for women in the Democratic Republic of the Congo, but there was weak implementation. How was the transitional justice policy being implemented for women? Was there a plan to promote the security of women and girls in the Democratic Republic of the Congo?

    The Expert shared the non-governmental organizations’ concern regarding the suppression of civil society in Belarus. Were there plans to update the national action plan on human rights in Belarus, and were there plans to establish a national human rights institution?

    Another Expert asked about anti-trafficking activities being carried out in the Democratic Republic of the Congo. To what extent were women represented in local governments and decision-making bodies in Nepal?

    One Committee Expert asked about financial resources devoted to implementing the national gender equality plan in Nepal. What were areas of concern related to sexual and reproductive health services in Belarus?

    A Committee Expert asked about problems regarding access to justice for Dalit women in Nepal. How common was the dowry custom in Nepal? Why was the dowry for younger women and girls lower?

    Another Committee Expert asked if the Democratic Republic of the Congo had laws on the accountability of military personnel and contractors involved in violence against women. What social protection system and benefits did Belarus have for women and girls?

    One Committee Expert asked about legal provisions that needed to be challenged. What needed to be done to educate girls and society about the harms of the kumari practice in Nepal, which isolated girls from their community?

    A Committee Expert called for information on the Democratic Republic of the Congo’s national action plan on the development of the security forces. What action had been taken to dismantle non-governmental armed groups in the east? Was it still possible for non-governmental organizations in Belarus to protect women and interact with the Government?

    Responses by Non-Governmental Organizations

    Nepal

    Responding to questions on Nepal, speakers said there was a very low percentage of women in federal and provincial decision-making bodies in Nepal, and an even lower percentage of Dalit women. There needed to be increased representation of women in these bodies. There were several laws that directly discriminated against women, including laws on legal residences, which considered women and girls’ residences as those of their husbands and fathers. Divorced women lost their property rights. It was prohibited to oppose gender biases in cultural and social practices. Nepal’s laws did not recognise lesbian, bisexual, transgender and intersex women as minorities; this needed to be done.

    In Nepal, the parents of women paid dowries, and less dowry was paid for younger women. Dowry payments were most prevalent in the south of the country. The Criminal Code criminalised this practice, but it still existed.

    Sexual and reproductive health education was part of the school curriculum but was no longer a compulsory subject. There were also gaps in sexual and reproductive health legislation, with many marginalised women not able to access sexual and reproductive health services.

    Dalit women and other marginalised women could not easily access the justice system. They were not made aware of where and how to access justice and faced violence and discrimination from the police because of their identity.

    Belarus

    Responding to questions on Belarus, speakers said Belarus’ Gender Equality Council did not include non-governmental organizations working on human rights and gender equality. Belarus’ legislation on incitement to hatred was used to oppress women human rights defenders. One such woman had been imprisoned for seven years under this legislation. Raids, inspections and blocking of websites were tools used by the Government to restrict the activities of civil society organizations.

    Statements by National Human Rights Institutions

    Democratic Republic of the Congo

    GISÈLE KAPINGA NTUMBA, National Human Rights Commissioner of the Democratic Republic of the Congo, said the Democratic Republic of the Congo was going through one of its darkest times in recent history, marked by the invasion of the M23 rebels in the east of the country, which was facing a protracted, violent crisis. Many women and girls had been displaced and were facing heightened risks of sexual violence and rape. The National Human Rights Commission had conducted investigations into sexual violence linked to conflict, engaging with competent institutions to address this problem and combat impunity.

    The Commission welcomed that the Government had implemented several measures to protect women and girls from sexual and gender-based violence, including a law criminalising such violence and enshrining access to justice for victims. However, there was still a long way to go until these measures could effectively protect civilians from sexual and gender-based violence. The number of internally displaced persons continued to grow, and there had been many cases of rape reported. There needed to be increased funds to limit the circulation of small arms and light weapons, build new camps, and increase humanitarian aid for internally displaced persons. Care for victims of sexual and gender-based violence needed to be given by trained professionals.

    The national fund for compensation for the victims of gender-based violence had helped victims to access care. The Commission also welcomed the organisation of travelling courts to combat impunity. The Government needed to restore peace in the east and take steps to protect civilians from gender-based violence, and provide internally displaced persons with adequate aid. Armed groups needed to respect the rules of international humanitarian law and implement an immediate ceasefire. The international community needed to promote peace by adopting sanctions against M23 and other armed groups.

    Luxembourg

    LAURA CAROCHA, Human and Social Sciences Expert,Commission consultative des Droits de l’Homme du Grand-Duché de Luxembourg [Consultative Commission of the Grand-Duchy of Luxembourg on Human Rights], welcomed the efforts made by Luxembourg to combat discrimination against women since the last report, while noting persistent shortcomings, including a social system that kept women in a subordinate position to men. Luxembourg’s policy favoured a “neutral” approach that was not gender sensitive. Ms. Carocha urged politicians to openly acknowledge this systemic patriarchal domination and to make the deconstruction of this mechanism a priority. To this end, it was imperative that the Government finally implemented the principle of gender mainstreaming in a cross-cutting manner in all its policies.

    Luxembourg’s equality efforts lacked an intersectional approach and the Government rarely addressed multiple and intersecting forms of discrimination. Disability was conspicuously absent from the National Action Plan for Equality between Women and Men, while the gender dimension was neglected in the National Action Plan on Disability. It was essential to have detailed data, disaggregated by gender, age, ethnicity, disability and education level, to better understand and address the different forms of discrimination that women faced. The Government also needed to impose concrete actions on companies, municipalities and administrations in terms of gender equality and the fight against discrimination against women.

    All actions taken in the fight against discrimination against women needed to be carried out in close collaboration with civil society. This cooperation needed to be translated into lasting partnerships and political will to ensure that the contributions of civil society were seriously considered in the decision-making process.

    Ms. Carocha concluded by calling for the recognition of multiple forms of discrimination, and a proactive and participatory response from the Government to gender inequalities rooted in societal dynamics. This meant adopting structural solutions that addressed the root causes of discrimination.

    Questions by Committee Experts

    A Committee Expert offered condolences to the people of the Democratic Republic of the Congo, including families of civilians who had lost their lives. What did the National Human Rights Commission wish the Committee to highlight in the dialogue with the State party?

    Another Committee Expert asked about measures to prevent conflict-related gender-based violence in the Democratic Republic of the Congo.

    One Committee Expert asked if humanitarian aid groups were able to access Goma and deliver food, health and menstrual products?

    A Committee Expert expressed concern regarding the lack of participation from women’s organizations from Luxembourg in the dialogue. What progress had been made in reforming the Constitution? Was there an initiative to amend the timeframe for authorising abortions in the State? The State party did not publish data broken down by origin. Could data be provided on migrant workers in Luxembourg?

    Another Committee Expert asked about Luxembourg’s process for identifying stateless persons.

    Responses by National Human Rights Institutions

    GISÈLE KAPINGA NTUMBA, National Human Rights Commissioner of the Democratic Republic of the Congo, said that in Goma, people in displacement camps had been bombarded. They had no power and no water, and the Rwandese army was on its way in. The international community needed to assist the Democratic Republic of the Congo in creating humanitarian corridors to assist internally displaced persons fleeing the region. The State had approved laws and measures on preventing sexual violence, but implementing these was a challenge, particularly in regions where the Government did not have control. In the dialogue, the Committee needed to ask the Government to choose diplomacy over other means, as the population was dying for nothing. Those involved in the conflict needed to be prosecuted. The international community needed to condemn the situation in the east and promote diplomacy.

    Meeting with the Working Group on Business and Human Rights

    Statements

    ANDREA ORI, Director, Groups in Focus Section, Human Rights Treaties Branch, United Nations Office of the High Commissioner for Human Rights, said that the meeting would address the nexus between business and human rights, and gender and digital technologies. Cooperation and practices in digital fields needed to not perpetrate discrimination against women. There was room for improvement on measures addressing gender discrimination in the workplace, representation of women in leadership positions, workplace harassment, and labour rights for women. Women were over-represented in low-paying jobs. Stereotypes hindered women’s access to finance and investments, and women had less access to technology and digital services. Today’s discussion would focus on enhancing the promotion and protection of women.

    NAHLA HAIDAR, Committee Chairperson, said artificial intelligence and digital technologies had revolutionised everyday life and business practices across sectors in ways that were never envisioned in the past. Strategic, innovative modalities to better safeguard the rights of women and girls called for partnerships, joint approaches and harmonised frameworks. Women needed to be engaged in digital developments from the beginning. States needed to avoid the re-inventing of stereotypes, bias and discrimination and the perpetuation of violence against women through cyber-enabled modalities; safeguard women’s livelihoods and expand economic opportunities in the new digital era for them; and equip women and girls with necessary skills, capacities and tools to contribute to providing digital solutions.

    This briefing was anticipated to be the first in a series of collaborative efforts to address substantive issues on women’s economic rights in a digital world based on the provisions of the Convention. Business and human rights principles and the jurisprudence of the Committee and standards could be systematically deployed to uphold and respond to women’s rights protection and economic empowerment, particularly through inclusive digital technologies.

    Sadly, gender equality had often been constrained by interpretations outside the text of the Convention, resulting in persistent gender gaps and disparities. Critical partnerships would enable the Committee to explore a collaborative and coordinated approach for bridging digital gender inequalities to create a more inclusive and equitable digital future for women and girls, one that was not only free of all forms of violence but also offered them equal opportunities to access and utilise digital technologies to boost their livelihoods and human capital assets.

    LYRA JAKULEVIČIENĖ, Chairperson of the Working Group on Business and Human Rights, said that this year, the Working Group was preparing a report on the use of artificial intelligence in businesses and its human rights impacts. It focused on the deployment of artificial intelligence technologies and procurement by States and businesses, looking at biases and other issues. The use of artificial intelligence and other technologies had many benefits and but also created concerns, including related to gender, and these would be captured in the report. Synergy with the Committee would help both bodies to advance their agendas and strengthen the global protection of human rights, particularly for vulnerable women and girls.

    ESTHER EGHOBAMIEN-MSHELIA, Committee Expert, said 300 million fewer women than men had access to mobile internet globally. Although about a third of small and medium enterprises were owned by women, women were under-represented in discussions on the global value chain. States needed to focus on the energy transition and artificial intelligence technologies, as if they did not address issues in these fields, the gender gaps would widen.

    FERNANDA HOPENHAYM, Gender Focal Point of the Working Group on Business and Human Rights, said the United Nations Guiding Principles on Business and Human Rights had a cross-cutting gender perspective, and this needed to be addressed by States and businesses. The Guiding Principles said that States needed to include a gender perspective in all policies on business and human rights. It also called on businesses to respect human rights and to implement measures promoting diversity and inclusion. Women needed to be able to access remedies in cases in which their rights were violated. Technologies needed to be gender sensitive, responsive and transformative.

    Panel Discussion

    In the ensuing discussion, speakers, among other things, said women faced many barriers to accessing the labour market; these needed to be addressed. Countries needed to change company cultures to address discrimination against women employees, and promote diversity and family-friendly policies. Businesses needed to consider documents outlining the rights of women and girls, such as the Convention, and use tools to assess the effectiveness of gender equality measures. They also needed to create an enabling environment for women. Another key requirement was to conduct human rights due diligence with a gender lens.

    Some speakers expressed concerns related to discrimination against women in the technology sector. Many companies lacked a gender lens when assessing their value chains and were not carrying out gender-related due diligence. There was evidence of disproportionate harm to non-binary women and the targeting of women human rights defenders online. Companies were actively amplifying gender biases. The Committee and the Working Group needed to work with civil society and to call out companies by name when they violated human rights. They also needed to promote corporate accountability and prevent regression.

    Speakers presented measures to change cultural mindsets to support women to succeed professionally; to promote a healthy work-life balance for women; to raise awareness of women’s rights among businesses; and to develop rules and tools to protect women and girls on social media platforms.

    Some speakers said technology could allow for greater access to education for women and girls, so women needed increased access to it. One speaker said girls had less opportunities to study in fields such as programming and robotics. With simple reforms and measures encouraging participation, more and more women and girls would choose information technology as a profession, they said.

    Some speakers expressed concerns that artificial intelligence technology was not sufficiently regulated. It was possible for artificial intelligence systems to learn and reproduce societal biases and there were also privacy concerns regarding the data that these systems used. One speaker presented efforts to eliminate biases in artificial intelligence systems and to develop tools to ensure that such systems respected human rights.

    One speaker called for respect for women’s rights in the energy transition. Women had strong roles to play in preventing child labour in the energy sector and supporting children’s access to education. Businesses needed to ensure women’s experiences were incorporated in energy transition programmes, and to finance science, technology, engineering and maths education programmes for women, speakers said.

    MIL OSI Africa

  • MIL-OSI United Kingdom: UK government seeks out quantum industry experts for advisory board to accelerate deployment of game-changing technology

    Source: United Kingdom – Government Statements

    Key specialists are being called upon to join a board advising the UK government in seizing the transformative potential of quantum technologies today.

    • UK’s leadership on breakthrough quantum tech celebrated as the International Year of Quantum begins today
    • DSIT is looking for experts from industry and academia to advise on how to further accelerate the benefits of quantum for the UK
    • UK delegation, led by National Technology Advisor Dave Smith, will visit the UNESCO HQ in Paris to celebrate 100 years of quantum breakthroughs and the subsequent benefits, from drug discoveries to boosts in cybersecurity

    Key specialists are being called upon to join a board advising the UK government in seizing the transformative potential of quantum technologies today (Tuesday 4 February).  

    An Expression of Interest (EOI) has now launched for new members to join DSIT’s Quantum Strategic Advisory Board (SAB).  

    The recruitment push comes as a UK delegation is set to fly the flag for British quantum at a global event in Paris celebrating quantum’s remarkable impact on the world in the past century. 

    With at least 160 companies active up and down the country, the UK is home to the second largest quantum sector globally, strongly supported by investment from the public and private sectors. 

    To raise awareness of how quantum innovations are improving our lives by driving growth, creating jobs and delivering breakthroughs in fields like healthcare, UK officials, led by the National Technology Advisor, will mark the start of the International Year of Quantum in Paris today. 

    The event, convened by UNESCO, marks 100 years since the initial development of quantum mechanics, and brings together the leading lights in the field from across the entire world to exchange ideas and showcase best practices in quantum science education, research and industry applications.   

    Quantum technologies harness the unique properties of subatomic particles to process information and solve pressing problems in a new way. New innovations in quantum, such as improved health diagnostics and future proofing cyber security to make our streets safe, will help drive the government’s Plan for Change.   

    To seize the potential of this technology and support the UK’s vision to be a leading quantum-enabled economy, DSIT is expanding and bolstering its Quantum Strategic Advisory Board.  

    UK Science Minister Lord Vallance said:  

    Joining the Quantum Advisory Board is a great opportunity for those who understand the potential of quantum best to help harness the benefits of quantum for the economy and society.

    This government restates its commitment to quantum science and technology and the advice of the Board will be invaluable as we continue to play a key role in ensuring the UK maintains its leadership in this area.

    UK National Technology Advisor, Dave Smith said: 

    It’s only right that in 2025 we are celebrating quantum’s transformative potential. From telecommunications to improved medical imaging, quantum science and technology has been central to the groundbreaking innovations of this century.

    The future innovations that could emerge from this technology will help us to benefit from the enlightened combination of long-term partnership from academia, government and the private sector. They will benefit all of us in our daily lives and grow brilliant UK companies and create jobs.

    Leading experts from academic and industry can apply to join the Board, chaired by Sir Peter Knight, and advise the UK government on quantum technologies, contributing to the implementation of the National Quantum Strategy.   

    As a critical technology that offers solutions in almost every sector, from healthcare to energy, quantum will form an important part of the government’s forthcoming industrial strategy. 

    Notes to editors 

    DSIT media enquiries

    Email press@dsit.gov.uk

    Monday to Friday, 8:30am to 6pm 020 7215 300

    Updates to this page

    Published 4 February 2025

    MIL OSI United Kingdom

  • MIL-OSI Economics: Applications now open for the 2025 Samsung Solve for Tomorrow STEM Competition

    Source: Samsung

    Applications for the 2025 Samsung Solve for Tomorrow STEM Competition are now open. The competition is aimed at empowering young people through education and skill enhancement, particularly focusing on Science, Technology, Engineering, and Math (STEM). Applications opened on Monday, January 27 and close on February 28, 2025.
     
    The competition seeks to foster innovation among high school learners from underprivileged backgrounds throughout South Africa.  Grade 10 and 11 learners attending public schools are encouraged to apply. Participants will be tasked with addressing genuine community problems using STEM principles, thus improving their analytical abilities and gaining professional guidance from Samsung employees.
     
    Teams stand a chance to win exciting prizes and the recognition as South Africa’s next generation of innovators and problem-solvers.
     

     
    This year’s theme, “Infrastructure and Safety,” challenges learners to tackle pressing issues in their schools and communities. They have an opportunity to explore creative solutions in one of the following topics:
     
    Energy-Efficient Schools – Develop practical and sustainable ways to reduce energy consumption in schools.
     
    Innovative Transport Solutions for Learners in Rural/Township schools – Design efficient and accessible transport systems for learners in remote areas.
     
    Affordable Safety Devices for Learners Traveling Long Distances – Create low-cost, effective tools to enhance the safety of learners during their daily commutes.
     
    Qualifying criteria
    Entries should be made by a team of 2 to 5 learners
    Must choose one topic to address
    The school must be a quintile 1 – 4 public school
    Applicants must be South African Citizens
    Entries should be made on the Samsung Solve for tomorrow website
     

     
    How to Apply:
    Application forms are accessible online. Visit our website https://www.samsung.com/za/solvefortomorrow/  to register your school and submit your team’s proposal.
     
    Do not miss this opportunity to empower your learners to think big, collaborate, and shape the future of South Africa. Together, we can inspire change, one idea at a time. Join us and be part of the movement to change our communities’ problems using STEM.
     
    For more information, visit https://www.samsung.com/za/solvefortomorrow/  or contact us at ssasft@samsung.com.

    MIL OSI Economics

  • MIL-OSI Russia: From Scanning to Digital Twin: SUM Research on 3D Modeling in Action

    Translartion. Region: Russians Fedetion –

    Source: State University of Management – Official website of the State –

    Employees of the Reverse Engineering Laboratory of the State University of Management conducted research on the issues of 3D modeling.

    The authors of the article “The Impact of 3D Scanning Data Processing Methods on the Quality of Final Solid 3D Models” are young scientists from the State University of Management: – Leading Researcher (Head of the Laboratory), Candidate of Technical Sciences, Associate Professor Vladimir Filatov; – Researcher, Candidate of Technical Sciences, Associate Professor Ilya Nefelov; – Specialist, Postgraduate Student Denis Yudin.

    “As is known, with the help of 3D scanners, it is possible to scan the surfaces of any physical objects and make their virtual 3D models – digital twins,” says Vladimir Filatov. “This model can then be changed, and a new product can be printed or manufactured on machines, and it will take significantly less time compared to doing it from scratch. Such scanning is the first stage of reverse engineering.”

    Some characteristics of a real object may prevent the correct transfer of its parameters to digital space. It may be transparent, glossy, mirror-like, have different textures or colors, have deep pockets (depressions) where light hardly penetrates or is reflected from surfaces inside it. For more accurate scanning, matting is used – the application of single-color anti-glare sprays that eliminate the properties of objects that are inconvenient for scanning.

    Scientists from the State University of Management studied the deviations of the sizes of the obtained 3D model of the scanned object from its sizes measured in reality, and the influence of various sprays on this error. The studies showed how accurately the obtained 3D model coincides with the real object after scanning.

    The authors reviewed methods for processing 3D scanning data, including primary processing, filling in missing surfaces, smoothing, splitting into primitives, and measurements in a virtual environment. Their impact on the quality of final solid-state electronic 3D models of scanned objects was assessed. Measurements of final length measures were performed in a virtual environment with subsequent analysis of the data obtained.

    In the future, research will be aimed at studying algorithms and methods for processing the surfaces of scanned objects in order to improve the quality of digital twins of agricultural machinery.

    The study can be read about in an article published in the November 2024 issue of the Standards and Quality journal.

    Subscribe to the TG channel “Our GUU” Date of publication: 02/04/2025

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-OSI Russia: Return to the roots: 145 years of the historical foundation of the State University of Management!

    Translartion. Region: Russians Fedetion –

    Source: State University of Management – Official website of the State –

    In 2024, the State University of Management celebrated the 105th anniversary of its foundation. On April 30, 1919, according to the decree of the People’s Commissariat of Industry and Trade of the USSR, the Moscow Industrial and Economic Practical Institute (MPEPI) received the status of an institution equal to an institution of higher education. From that moment on, the official chronicle of our university has been kept. But, as often happens in times of change, some pages of history were forgotten. This happened with the biography of the First Management University of the country. We invite you to dive deep into the history of the SUM, rediscover it, and learn its origins.

    MPEPI did not appear out of nowhere. Before the proclaimed power of the Soviets, the address Staraya Basmannaya, 21/4 housed the Aleksandrovskoye and Nikolaevskoye commercial schools, as well as the Trade Schools named after the Emperor of Russia Nicholas II.

    On February 19, 1880 (March 3, new style), exactly 145 years ago, in honor of the 25th anniversary of the reign of Emperor Alexander II, the Moscow stock exchange merchants decided to found a commercial school in the capital for people of the trade and industrial class. Alexander II was not only a tsar-liberator (the Manifesto on the liberation of the peasants from serfdom was also signed on February 19 (March 3), 1861), but also a champion of education. Thus began the first chapter in the life of the Aleksandrovsky Commercial School, which years later acquired its current name – the State University of Management.

    The curricula approved by the Ministry of Finance in agreement with the Ministry of Public Education of the Russian Empire were adopted on July 11, 1885. The first academic season began at the same time.

    The Aleksandrovsk Commercial School was located at 21 Staraya Basmannaya in the building of the palace of Prince A.B. Kurakin. For decades to come, the school received significant support from the state and business, whose representatives joined the Board of Trustees of the “useful institution.” The members of this board and the teaching staff of the school were famous people of their time: P.M. Tretyakov, D.V. Tsvetaev, S.V. Alekseev, A.K. Trapeznikov, N.A. Naidenov, A.V. Letnikov. All of them were outstanding figures of that era, whose influence went far beyond the Moscow stock exchange community.

    The initiator of the creation of the school was a well-known entrepreneur, banker, chairman of the Stock Exchange Committee and chairman of the Board of Trustees of the school – Nikolai Aleksandrovich Naidenov. Its first director was a corresponding member of the St. Petersburg Academy of Sciences, an outstanding mathematician, and an organizer of science – Alexei Vasilyevich Letnikov.

    During that era, such scientists as mathematician V. Ya. Tsinger, historians V. I. Picheta and D. V. Tsvetaev, astronomer P. K. Sternberg and others taught. Incidentally, the exhibits of the school, which characterized the educational base and educational process, were awarded a medal at the World Exhibition in Paris in 1900. Some of the artifacts and photographs from those years are kept at the disposal of the Museum of the State University of Management, where you can also read literature and get acquainted with the exhibition stands telling about the first steps of the university at the turn of the 19th and 20th centuries.

    After the October Revolution of 1917, the existence of any institutions bearing the imperial name was no longer possible. New educational institutions with a practical focus – technical schools – were created in the country. The new historical form of the Aleksandrovsky Commercial School was the Moscow Industrial and Economic Technical School (MPET).

    The Soviet MPET was located in the same complex of buildings on Staraya Basmannaya. The teaching and student staff also remained almost unchanged. A letter calling for applications for work at the newly created technical school, published in the Izvestia newspaper on July 20, 1918, was answered by 53 teachers from the Aleksandrovsky, 23 from the Nikolaevsky commercial schools, and 21 teachers from the Women’s Trade School. Students who transferred from the Aleksandrovsky school continued their education at the MPET and years later received Soviet diplomas. The first heads of the technical school were teachers from the school and the trade school, Paisiy Ivanovich Shelkov and Arkady Grigorievich Arkhangelsky.

    Let us emphasize once again that most of the teachers and students of the Alexandrovsky Commercial School transferred to the MPET, even the address remained the same, only the statutory documents changed. The continuity of the intellectual heritage in the field of financial, economic, technical knowledge and the glorious traditions of the imperial school is direct and obvious.

    During the Soviet years, the idea of this continuity was abandoned based on the principle of “We are ours, we will build a new world.” In 1919, the MPET was transformed into the Moscow Industrial and Economic Practical Institute (MPEPI). Later, in the 1930s, the institute began to be called the Moscow Engineering and Economic Institute. And it bore this name until 1975, when, having gained a scientific, academic and pedagogical base of the new management order, it received a completely recognizable name – MIU, Moscow Institute of Management, which later became the State University of Management.

    Thus, we would like to pay tribute to historical justice. It is time to recognize and openly declare – the State University of Management turns 145 in 2025! The Aleksandrovsk Commercial School is the historical foundation of our university. It is impossible to forget and remain silent about this fact. It expresses the connection between generations and the university spirit of the first management academic institution in Russia.

    Happy anniversary, dear university! Happy 145th anniversary!

    Subscribe to the TG channel “Our GUU” Date of publication: 02/04/2025

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-OSI: January 2025 P&C Reinsurance Renewals Results: Sustained growth in preferred lines coupled with attractive margins

    Source: GlobeNewswire (MIL-OSI)

    Press release
    4 February 2025 – N° 02

    January 2025 P&C Reinsurance Renewals Results

    Sustained growth in preferred lines coupled with attractive margins

    • In line with its Forward 2026 strategic plan, SCOR continues to grow its P&C preferred lines while maintaining a strong underwriting discipline.
    • During the January 2025 P&C renewals, SCOR achieves EGPI1 growth of 9.6%2 supported by Specialty lines and Alternative Solutions: 
      • Increasing EGPI by 8.1%2 for Engineering, Marine, IDI and International Casualty;
      • Leveraging the strong momentum in Alternative Solutions and growing EGPI by 29.6%2;
      • Maintaining a prudent approach to business exposed to climate change and US Casualty. 
    • SCOR’s expected technical profitability remains unchanged at attractive level benefitting from dynamic retrocession buying.

    Jean-Paul Conoscente, CEO for P&C at SCOR, comments: “We are satisfied with the successful 1.1 2025 renewals results. SCOR achieves a +9.6% EGPI growth while maintaining a stable technical profitability. We continue to deliver targeted growth in our preferred lines of business, while keeping T&Cs mostly unchanged. Despite the slight rate reduction observed in the market, SCOR successfully maintains stable pricing thanks to its proactive portfolio management. Looking ahead, we believe the market still offers opportunities for profitable growth. SCOR will continue to leverage on its Tier 1 franchise and build on the strong momentum achieved during the 1.1 renewals.”

    January 2025 P&C Reinsurance Renewals

    During the January 2025 renewals, demand for reinsurance coverage remains elevated. Following an increase in capital supply, the market conditions have become slightly more competitive compared to the peak level of the cycle observed last year. In this context, SCOR maintains strict underwriting discipline and successfully grows its preferred lines according to its Forward 2026 growth strategy, keeping T&Cs mostly stable and maintaining the net profitability of its P&C Reinsurance book unchanged.

    P&C Reinsurance book renewed at 1 January 2025(1):

      Premiums renewed
    (in EUR million)
    Evolution vs. January 2024 Main lines concerned
    P&C Lines(2) 2,798 +2.9% o/w Nat Cat (+0.3%)
    Specialty Lines(3) 1,762 +14.3% o/w Engineering, Marine, IDI (+17.2%)
    Alternative Solutions 705 +29.6%  
    TOTAL 5,265 +9.6%  

    (1).   Approximately 64% of SCOR’s P&C Reinsurance premiums – representing c.50% of SCOR’s total P&C premiums – is renewed in January.
    (2).   P&C Lines include Property, Property Cat, Casualty, Motor, and other related lines (Personal Insurance, Nuclear, Terrorism, Special Risks, Motor Extended Warranty, and Inwards Retrocession).
    (3).   Specialty Lines include Agriculture, Aviation, Credit & Surety, Inherent Defects Insurance, Engineering, Marine and Offshore, Space, and Cyber.

    P&C Lines EGPI grows by 2.9%2, driven by continued disciplined Nat Cat underwriting and decreasing exposures in US Casualty. Natural Catastrophe premiums remain flat with a slight increase in net exposure. In US Casualty, SCOR maintains a prudent approach and renews its portfolio with selected clients. This leads to a 11.0%2 decrease in US Casualty EGPI and continued exposure reduction to this business.

    Specialty Lines EGPI grows by 14.3%2. This is driven by +17.2%2 EGPI growth in diversifying lines (Engineering, Marine and IDI) in line with the Forward 2026 plan.

    Alternative Solutions EGPI grows by 29.6% compared to 1st January last year, with continued positive new business momentum across all regions.

    The expected net technical profitability remains unchanged for the renewed portfolio. This reflects continued discipline along with dynamic retrocession buying, which offsets the inward business margin erosion from commissions, modelling changes and the impact of the business mix.

    SCOR leverages the changing market environment to optimize its retrocession structures. SCOR maintains its risk exposure within its risk appetite defined in Forward 2026.

    For the upcoming renewals in 2025, SCOR expects continued discipline and adequate prices. In parallel, SCOR continues to develop risk partnerships with new and existing partners.

    *

    *        *

    SCOR, a leading global reinsurer

    As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying “The Art & Science of Risk”, SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society.

    The Group generated premiums of EUR 19.4 billion in 2023 and serves clients in more than 160 countries from its 35 offices worldwide.

    For more information, visit: www.scor.com

    Media Relations
    Alexandre Garcia
    media@scor.com
      
    Investor Relations
    Thomas Fossard
    InvestorRelations@scor.com

    Follow us on LinkedIn

    All content published by the SCOR group since January 1, 2024, is certified with Wiztrust. You can check the authenticity of this content at wiztrust.com.

    General

    Numbers presented throughout this press release may not add up precisely to the totals in the tables and text. Percentages and percent changes are calculated on complete figures (including decimals); therefore the press release might contain immaterial differences in sums and percentages due to rounding. Unless otherwise specified, the sources for the business ranking and market positions are internal.

    Forward-looking statements

    This press release includes forward-looking statements, assumptions, and information about SCOR’s financial condition, results, business, strategy, plans and objectives, including in relation to SCOR’s current or future projects.

    These statements are sometimes identified by the use of the future tense or conditional mode, or terms such as “estimate”, “believe”, “anticipate”, “expect”, “have the objective”, “intend to”, “plan”, “result in”, “should”, and other similar expressions.

    It should be noted that the achievement of these objectives, forward-looking statements, assumptions and information is dependent on circumstances and facts that may or may not arise in the future.

    No guarantee can be given regarding the achievement of these forward-looking statements, assumptions and information. These forward-looking statements, assumptions and information are not guarantees of future performance. Forward-looking statements, assumptions and information (including on objectives) may be impacted by known or unknown risks, identified or unidentified uncertainties and other factors that may significantly alter the future results, performance and accomplishments planned or expected by SCOR.

    In particular, it should be noted that the full impact of the economical and geopolitical risks on SCOR’s business and results cannot be accurately assessed.

    Therefore, any assessments, any assumptions and, more generally, any figures presented in this press release will necessarily be estimates based on evolving analyses, and encompass a wide range of theoretical hypotheses, which are highly evolutive.

    Information regarding risks and uncertainties that may affect SCOR’s business is set forth in the 2023 Universal Registration Document filed on March 20, 2024, under number D.24-0142 with the French Autorité des marchés financiers (AMF) posted on SCOR’s website www.scor.com.

    In addition, such forward-looking statements, assumptions and information are not “profit forecasts” within the meaning of Article 1 of Commission Delegated Regulation (EU) 2019/980.

    SCOR has no intention and does not undertake to complete, update, revise or change these forward-looking statements and information, whether as a result of new information, future events or otherwise.

    Financial information

    All figures in this press release are unaudited unless otherwise specified.

    Unless otherwise specified, all figures are presented in Euros.

    Any figures for a period subsequent to 30 September, 30 2024 should not be taken as a forecast of the expected financials for these periods.

    All figures are at constant exchange rates as of December 31, 2024 unless otherwise specified.

    All figures are based on available information as of January 25, 2025 unless otherwise specified.


    1 Estimated Gross Premium Income (EGPI).
    2 vs 1 January 2024 EGPI.

    Attachment

    The MIL Network

  • MIL-OSI: Notice of the Annual General Meeting 2025

    Source: GlobeNewswire (MIL-OSI)

    eQ Plc Stock Exchange Release
    4 February 2025, at 8:15 am


    Notice of the Annual General Meeting 2025

    Notice is given to the shareholders of eQ Plc to the Annual General Meeting (the “AGM”) to be held on 25 March 2025 at 5:00 p.m. at Sanoma House’s Eliel meeting room, Töölönlahdenkatu 2, 00100 Helsinki, Finland. The reception of persons who have registered for the meeting will commence at 4:30 p.m. at the meeting venue.

    The AGM will be held as a hybrid meeting in accordance with chapter 5, section 16, subsection 2 of the Finnish Limited Liability Companies Act. As an alternative to participating in the Annual General Meeting at the meeting venue, shareholders can fully exercise their rights during the meeting also via remote connection. Shareholders can exercise their right to vote also by voting in advance. Further attendance instructions, instructions for voting in advance and remote participation are presented in part C of this notice to the AGM.

    Shareholders can ask questions referred to in chapter 5, section 25 of the Finnish Companies Act about the matters to be discussed at the meeting, also in writing before the meeting. Instructions for submitting written questions are presented in this notice under section C.

    A. Matters on the agenda of the AGM

    At the Annual General Meeting, the following matters will be considered:

    1. Opening of the meeting

    2. Calling the meeting to order

    3. Election of persons to scrutinise the minutes and persons to supervise the counting of votes

    4. Recording the legality of the meeting

    5. Recording the attendance at the meeting and adoption of the list of votes

    6. Presentation of the annual accounts, report of the Board of Directors and auditors’ report for the year 2024

    – Presentation of the review by the CEO

    The annual accounts, report of the Board of Directors and the auditors’ report published by the Company will be available no later than 4 March 2025 on the Company’s website www.eq.fi.

    7. Adoption of the annual accounts

    8. Resolution on the use of the profit shown on the balance sheet and the payment of dividend

    The distributable means of the parent company on 31 December 2024 totalled EUR 57,409,143.02. The sum consisted of retained earnings of EUR 31,984,573.28 and the means in the reserve of invested unrestricted equity of EUR 25,424,569.74.

    The Board of Directors proposes to the Annual General Meeting that a dividend of EUR 0.66 per share be paid out. The proposal corresponds to a dividend totalling EUR 27,328,750.68 calculated with the number of shares at the close of the financial year. The dividend will be paid out in two separate installments.

    The first installment, EUR 0.33 per share shall be paid to those shareholders who are registered as shareholders in eQ Plc’s shareholder register maintained by Euroclear Finland Ltd on the record date of the dividend payment on 27 March 2025. The Board proposes 3 April 2025 as the payment date of the first installment of the dividend. 

    The second installment, EUR 0.33 per share shall be paid in October 2025. The second installment shall be paid to those shareholders who are registered as shareholders in eQ Plc’s shareholder register maintained by Euroclear Finland Ltd on the record date of the divided payment. The Board shall decide the record date and the payment date of the second installment of the divided in its meeting in September 2025. It is contemplated that the record date of the second installment will be 7 October 2025 and that the payment date will be 14 October 2025. 

    After the end of the financial period, no essential changes have taken place in the financial position of the company. The Board of Directors feel that the proposed distribution of dividend does not endanger the liquidity of the company.

    9. Resolution on the discharge of the members of the Board of Directors and the CEOs from liability for the financial year 1 January 31 December 2024

    10. Handling of the Remuneration Report for Governing Bodies

    The Remuneration Report for Governing Bodies shall be available on the company’s website www.eq.fi/en/about-eq-group/hallinnointi/yhtiokokoukset no later than 4 March 2025.

    11. Handling of the Remuneration Policy for Governing Bodies

    The Remuneration Policy for the company’s governing bodies was previously presented to the Annual General Meeting in 2021. The Remuneration Policy must be presented to the general meeting at least every four years or whenever substantial changes have been made to it.

    The Board of Directors presents the Remuneration Policy for Governing Bodies to the Annual General Meeting for adoption by an advisory decision. The Remuneration Policy for Governing Bodies shall be published together with the Annual Report by a stock exchange release and it will be available on the company’s website https://www.eq.fi/en/about-eq-group/hallinnointi/yhtiokokoukset no later than 4 March 2025.

    12. Resolution on the remuneration of the members of the Board of Directors

    Shareholders of eQ Plc, who control over 60 per cent of the outstanding shares and votes, propose that the Chair of the Board of Directors receives 5,000 euros per month, Vice Chair of the Board of Directors receives 4,000 euros per month and the members of the Board of Directors receive 3,000 euros per month. In addition, a compensation of 750 euros per meeting is proposed to be paid for all the Board members for each attended Board meeting and travel and accommodation expenses are reimbursed according to the guidelines of eQ Plc.

    13. Resolution on the number of members of the Board of Directors

    Shareholders of eQ Plc, who control over 60 per cent of the outstanding shares and votes, have made a proposal that the number of the Board members remain unchanged, i.e. that six persons be on the Board of Directors, or five persons, if a person proposed by the Shareholders is prevented from being a Board member of the company.

    14. Election of the members of the Board of Directors

    Shareholders, who control over 60 per cent of the outstanding shares and votes, have made a proposal that the current Board members Päivi Arminen, Nicolas Berner, Georg Ehrnrooth, Janne Larma and Tomas von Rettig are re-elected to the Board of Directors and Caroline Bertlin will be elected as a new member to the Board. If one of the persons proposed by the Shareholders is prevented from being a Board member of the company, such persons who are not prevented from being Board members. The term of office of the Board members ends at the close of the next Annual General Meeting.

    Caroline Bertlin (born 1978) is an experienced business leader with vast experience in the Nordics and internationally. Bertlin is based and has spent most of her career in Sweden. Currently she is engaged in strategy and funding of energy infrastructure for Nordion Energi. Prior to that she was the CEO of Nordisk Renting and Managing Director in NatWest Structured Finance (2016-2023). Previously she worked as Head of Restructuring, Turnaround CEO and Project Lead for Strategic projects in the NatWest Group (2009-2015). Earlier experience includes portfolio management and analyst positions within banking and alternative investments. In addition, she is a member of the Board of Nordisk Renting AB (2016-). Caroline Bertlin holds a Master of Science (Economics) degree from Hanken School of Economics.

    All nominees have given their consent to the proposal. In addition, the nominees have indicated that on selection, they will select Georg Ehrnrooth as Chair of the Board of Directors.

    Member candidates’ resumes and independence assessments are available on the company’s website: www.eq.fi/en/about-eq-group/hallinnointi/yhtiokokoukset.

    15. Resolution on the remuneration of the auditor

    The Board of Directors proposes that the auditor to be elected be paid remuneration according to the auditor’s invoice approved by eQ Plc.

    16. Election of auditor

    The Board of Directors proposes, that for a term ending at the end of the Annual General Meeting 2026, Authorized Public Accountants KPMG Oy Ab be elected auditor of the Company. The auditor has stated that the auditor with main responsibility will be Tuomas Ilveskoski, APA, Authorized Sustainability Auditor.

    17. Resolution on the remuneration of the sustainability auditor

    The Board of Directors proposes that the sustainability auditor to be elected be paid remuneration according to the auditor’s invoice approved by eQ Plc.

    18. Election of sustainability auditor

    For the financial year 2025, the company must prepare its first sustainability report in accordance with the EU Sustainability Reporting Directive, CSRD, and relevant national legislation.

    The Board of Directors proposes, that for a term ending at the end of the Annual General Meeting 2026, Authorized Public Accountants KPMG Oy Ab be elected sustainability auditor of the Company. KPMG has stated that the sustainability auditor with main responsibility will be Tuomas Ilveskoski, APA, Authorized Sustainability Auditor.

    19. Establishment of a Shareholders’ Nomination Board

    The Board of Directors proposes that the Annual General Meeting establishes a Shareholders’ Nomination Board whose task is to prepare proposals concerning the number of members of the Board of Directors and the Board’s composition and remuneration to the General Meeting.

    According to the proposal, the Shareholders’ Nomination Board comprises of four members and four largest shareholders of the Company may each appoint a member.

    The right to appoint a member belongs to the four shareholders who, as of the last day of June preceding the next Annual General Meeting, have the largest share of the total voting rights of the Company’s shares, taking into account those shareholders whose holdings should be aggregated subject to the obligation to notify major holdings.

    The Board of Directors proposes that the Annual General Meeting adopts the Charter for the Shareholders’ Nomination Board. The Board’s proposal for the Company’s Charter for the Shareholders’ Nomination Board is available on the Company’s website: www.eq.fi/en/about-eq-group/hallinnointi/yhtiokokoukset.

    20. Authorising the Board of Directors to decide on the issuance of shares as well as the issuance of special rights entitling to shares

    The Board of Directors proposes that the AGM authorises the Board of Directors to decide on a share issue or share issues and/or the issuance of special rights entitling to shares referred to in Chapter 10 Section 1 of the Companies Act, comprising a maximum total of 3,500,000 new shares. The amount of the proposed authorisation corresponds to approximately 8.45 per cent of all shares in the Company at the time of this Notice of the AGM.

    The authorisation is proposed to be used in order to finance or carry out potential acquisitions or other business transactions, to strengthen the balance sheet and the financial position of the Company, to fulfill Company’s incentive schemes or to any other purposes decided by the Board. Fifty per cent of the shares or special rights entitling to shares issued on the basis of the authorisation may be used to implement incentive schemes or otherwise for remuneration. It is proposed that based on the authorization, the Board decides on all other matters related to the issuance of shares and special rights entitling to shares referred to in Chapter 10 Section 1 of the Companies Act, including the recipients of the shares or the special rights entitling to shares and the amount of the consideration to be paid. Therefore, based on the authorisation, shares or special rights entitling to shares may also be issued directed i.e. in deviation of the shareholders pre-emptive rights as described in the Companies Act. A share issue may also be executed without payment in accordance with the preconditions set out in the Companies Act.

    The authorisation will cancel all previous authorisations to decide on the issuance of shares as well as the issuance of special rights entitling to shares and is effective until the next Annual General Meeting, however no more than 18 months.

    21. Closing of the meeting

    B. Documents of the AGM

    This notice to the Annual General Meeting, that contains all decision proposals on the agenda of the AGM, is available to shareholders on eQ Plc’s website at www.eq.fi/en/about-eq-group/hallinnointi/yhtiokokoukset. eQ Plc’s Annual Report, containing the Company’s annual accounts, the report of the Board of Directors and the auditors’ report together with the Remuneration Report for Governing Bodies and the Remuneration Policy for Governing Bodies is available on the said website no later than 4 March 2025. The proposals for resolutions and other previously mentioned documents will also be available at the AGM.

    The Minutes of the Annual General Meeting will be available on the company’s website no later than 8 April 2025.

    C. Instructions to the participants of the AGM

    1. Shareholders registered in the shareholders’ register (Finnish book-entry account)

    Each shareholder, who is registered on the record date of the Annual General Meeting 13 March 2025 in the Company’s register held by Euroclear Finland Oy, has the right to participate in the Annual General Meeting. A shareholder, whose shares are registered on their personal Finnish book-entry account is automatically registered in the shareholders’ register of the Company. Changes in share ownership after the record date of the AGM do not affect the right to participate in the meeting or the shareholder’s number of votes.

    Registration for the AGM will begin on 25 February 2025 at 10 am. A shareholder, who is registered in the shareholders’ register of the Company and who wants to participate in the Annual General Meeting, must register for the AGM no later than 18 March 2025 by 4:00 pm by which time the registrations must be received.  Shareholders may register to the meeting:

    a) Via the website www.eq.fi/en/about-eq-group/hallinnointi/yhtiokokoukset

    Online registration require that the shareholders or their statutory representatives or proxy representatives use strong electronic authentication either by Finnish, Swedish or Danish bank ID or mobile certificate.

    b) By email agm@innovatics.fi or by mail

    A shareholder who registers by mail or email shall send registration form available on the Company’s website at www.eq.fi/en/about-eq-group/hallinnointi/yhtiokokoukset or corresponding information to Innovatics Oy by mail to Innovatics Oy, Annual General Meeting / eQ Oyj, Ratamestarinkatu 13 A, FI-00520 Helsinki, Finland or by email at agm@innovatics.fi.
    When registering, shareholders shall provide requested information, such as their name, date of birth or Business ID, address, telephone number, email address and the name of any assistant or proxy representative and the date of birth and email address and/or telephone number of any proxy representative. In addition, the shareholder shall inform whether the shareholder or its representative will participate in the AGM at the meeting venue or via a remote connection. The personal data given by the shareholder to the Company or Innovatics Oy will be used only in connection with the Annual General Meeting and with the processing of related necessary registrations.

    The shareholder and their representative or proxy must be able to prove their identity and/or right of representation at the meeting place, if necessary.

    Additional information on the registration is available during the registration period by telephone from Innovatics Oy at +358 10 2818 909 on business days during 9:00 am until 12:00 noon and from 1:00 pm until 4:00 pm.

    2. Holders of nominee-registered shares

    A holder of nominee-registered shares has the right to participate in the Annual General Meeting by virtue of such shares, based on which they on the record date of the Annual General Meeting 13 March 2025 would be entitled to be registered in the shareholders’ register of the Company held by Euroclear Finland Oy. Participation in the AGM also requires that the shareholder has been registered on the basis of such shares in the temporary shareholders’ register held by Euroclear Finland Oy at the latest by 20 March 2025 by 10:00 am. As regards nominee-registered shares this constitutes due registration for the AGM. Changes in the ownership of shares after the record date of the Annual General Meeting do not affect the right to participate in the AGM nor the number of votes of the shareholder.

    A holder of nominee-registered shares is advised to request without delay the necessary instructions regarding the temporary registration in the shareholders’ register, the remote participation or participation at the meeting venue, advance voting, the issuing of proxy documents and voting instructions and registration for the Annual General Meeting from their custodian. The account manager of the custodian shall temporarily register a holder of nominee-registered shares, who wants to participate in the Annual General Meeting, in the shareholders’ register of the Company at the latest by the time stated above and, if necessary, take care of advance voting on behalf of a holder of nominee-registered shares, at the latest prior to the end of the registration period for the holders of nominee-registered shares.  

    A holder of nominee-registered shares who has registered for the General Meeting may also participate in the meeting in real time using telecommunication connection and technical means. In addition to the temporary registration in the company’s shareholders’ register, the real-time participation in the meeting requires the submission of the shareholder’s email address and telephone number and, if necessary, a proxy document and other documents necessary to prove the right of representation to by regular mail to Innovatics Oy, Yhtiökokous/eQ Oyj, Ratamestarinkatu 13 A, FI-00520 Helsinki, Finland or by email to agm@innovatics.fi before the end of the registration period for the holders of nominee registered shares, so that the shareholders can be sent a participation link and password to participate in the meeting. If a holder of nominee-registered shares has authorised their custodian to cast advance votes on their behalf, such advance votes will be taken into account as advance votes of the nominee-registered shareholder at the AGM, unless the holder of nominee-registered shares votes otherwise at the AGM.

    3. Proxy representatives and powers of attorney

    A shareholder may participate in the Annual General Meeting and exercise its rights at the meeting by way of proxy representation. A shareholder’s proxy representative may also register for the AGM and vote in advance as described in this notice. The online registration and advance voting of a statutory or a proxy representative require that the statutory representatives or the proxy representatives identify themselves to the electronic registration and voting service at the Company’s website www.eq.fi/en/about-eq-group/hallinnointi/yhtiokokoukset in person by using strong electronic authentication either by Finnish, Swedish or Danish bank ID or mobile certificate, after which they may continue with the registration and voting on behalf of the shareholder they represent.

    Proxy representative of the shareholder shall in connection with the registration present a dated proxy document or otherwise in a reliable manner demonstrate their right to represent the shareholder. An example of the proxy document and voting instructions is available at the Company’s website www.eq.fi/en/about-eq-group/hallinnointi/yhtiokokoukset on 7 February 2025, 9:00 am, the latest. Should a shareholder participate in the Annual General Meeting by means of several proxy representatives representing the shareholder with shares in different book-entry accounts, the shares by which each proxy representative represents the shareholder shall be identified in connection with the registration.

    The possible proxy documents should be delivered primarily as an attachment in connection with electronic registration or alternatively to agm@innovatics.fi before the closing of the registration. In addition to the delivery of proxies, the shareholder or their proxy must take care of registering for the AGM as described above in this notice.

    Shareholders that are legal entities may also, as an alternative to traditional proxy authorisation documents, use the electronic Suomi.fi authorisation service for authorising their proxy representatives. The representative is mandated in the Suomi.fi service at www.suomi.fi/e-authorizations (using the authorisation topic “Representation at the General Meeting”). When registering for the AGM in the virtual general meeting service provided by Inderes Plc, authorised representatives shall identify themselves with strong electronic authentication, after which the electronic mandate is automatically verified. The strong electronic authentication takes place with personal online banking credentials or a mobile certificate. For more information, see www.suomi.fi/e-authorisations.

    4. Remote participation in the meeting

    A shareholder who has the right to participate in the Annual General Meeting can participate in the meeting not only by participating in the AGM at the meeting venue but also, shareholders may use their rights in full and in real-time during the meeting via remote connection.

    Due to the limited space at the meeting venue, the shareholder’s or proxy’s notification of participation in the AGM via remote connection is binding, and the shareholder or proxy does not have the right to change the method of participation or participate in the meeting at the meeting place after the registration period has expired. However, the shareholder’s representative’s notification of participation via remote connection does not limit the right of shareholder’s other representatives to participate in the meeting at the meeting place.

    A shareholder or proxy who has registered to participate in the AGM at the meeting venue can change their participation to remote participation. There is no need to inform the company about this separately. Remote participation takes place via the remote participation link sent to the phone number and/or email address provided when registering for the AGM.

    The remote connection to the AGM is provided through Inderes Plc’s virtual general meeting service on the Videosync platform, which includes a video and audio connection to the Annual General Meeting. Participating via the remote connection does not require paid software or downloads. In addition to an internet connection, participation requires a computer, smartphone or tablet with speakers or headphones for sound reproduction and a microphone for asking oral questions or speaking turns. To participate, it is recommended to use the latest versions of the most common browser programs in use.

    The participation link and password for remote participation will be sent by email and/or text message to the email address and/or mobile phone number provided during registration to all those registered for the Annual General Meeting no later than the day before the meeting. Thus, advance voters and shareholders who have registered to attend the General Meeting at the venue may also participate in the General Meeting remotely via telecommunication if they so wish.  It is recommended to log into the meeting system well in advance of the meeting’s start time.

    More detailed information about the general meeting service can be found on the company’s website www.eq.fi/en/about-eq-group/hallinnointi/yhtiokokoukset. The link to test the compatibility of a computer, smartphone or tablet and the network connection can be found at https://b2b.inderes.com/fi/knowledge-base/yhteensopivuuden-testaaminen. It is recommended that you familiarise yourself with the more detailed participation instructions before the start of the AGM.

    5. Voting in advance

    Shareholders whose shares are registered on their Finnish book-entry account may vote in advance on certain items on the agenda of the AGM during the period between 25 February 2025 10:00 a.m. – 18 March 2025 at 4:00 p.m. in the following ways: 

    a) Via the website www.eq.fi/en/about-eq-group/hallinnointi/yhtiokokoukset

    Advance voting requires that the shareholders or their statutory representatives or proxy representatives use strong electronic authentication either by Finnish, Swedish or Danish bank ID or mobile certificate.

    b) By email agm@innovatics.fi or by mail

    A shareholder or its statutory representative who votes in advance by mail or email shall send the voting form available on the Company’s website at www.eq.fi/en/about-eq-group/hallinnointi/yhtiokokoukset or corresponding information to Innovatics Oy by mail to Innovatics Oy, Annual General Meeting / eQ Oyj, Ratamestarinkatu 13 A, FI-00520 Helsinki, Finland or by email at agm@innovatics.fi.  Advance votes must be received by the time the advance voting period ends. Submitting advance votes by mail or email to Innovatics Oy before the due date of the registration period and advance voting constitutes due registration for the AGM provided that the information required above for registration is provided in connection with the advance voting form.

    A shareholder who has voted in advance and who wants to use their right to present questions under the Companies Act, demand a vote or vote on a possible counter-proposal, must attend the general meeting in person or have their proxy representative participate in the AGM using the remote connection. The votes cast by those who have voted in advance will be taken into account in the decision-making of the General Meeting, regardless of whether they participate in the General Meeting remotely or at the meeting venue or not. If they participate remotely or at the meeting location, they have the opportunity to change their advance votes during the meeting, if they wish, when a vote takes place.

    For holders of nominee-registered shares, advance voting is carried out via the account manager of the custodian. The account manager may vote in advance on behalf of the holders of nominee-registered shares that they represent in accordance with the voting instructions provided by the holders of nominee registered shares during the registration period for the holders of nominee-registered shares.

    A proposal subject to advance voting is deemed to have been presented without amendments at the AGM. Conditions related to the electronic advance voting and other related instructions are available on the Company’s website at www.eq.fi/en/about-eq-group/hallinnointi/yhtiokokoukset.

    6. Other instructions/information

    The meeting shall be held in Finnish.

    Shareholders who are present at the meeting shall have a right to present questions referred to in Chapter 5, Section 25 of the Companies Act with respect to the matters to be considered at the Annual General Meeting.

    A shareholder may present questions referred to in Chapter 5, Section 25 of the Companies Act with respect to the matters to be considered at the Annual General Meeting by 11 March 2025 at 4:00 pm at the online registration service or by email to eQ.Yhtiokokous@eq.fi. The company’s management generally answers such questions submitted in writing in advance at the AGM or no later than two weeks after the general meeting on the company’s website. When presenting a question to the Annual General Meeting, the shareholder must provide sufficient information about their shareholding upon request.

    On the date of this notice, 4 February 2025, the total number of eQ Plc’s shares and votes is 41,407,198. The Company does not hold its own shares.

    Helsinki, 4 February 2025

    eQ Plc
    Board of Directors

    Additional information: Juha Surve, Group General Counsel, tel. +358 9 6817 8733

    Distribution: Nasdaq Helsinki, www.eQ.fi

    eQ Group is a Finnish group of companies specialising in asset management and corporate finance business. eQ Asset Management offers a wide range of asset management services (including private equity funds and real estate asset management) for institutions and individuals. The assets managed by the Group total approximately EUR 13.4 billion. Advium Corporate Finance, which is part of the Group, offers services related to mergers and acquisitions, real estate transactions and equity capital markets.

    More information about the Group is available on our website at www.eQ.fi.

    The MIL Network

  • MIL-OSI: Dassault Systèmes Reveals “3D UNIV+RSES” and Related AI-Based Services

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    VELIZY-VILLACOUBLAY, FranceFebruary 4, 2025

    Dassault Systèmes Reveals “3D UNIV+RSES” and Related AI-Based Services

    • “3D UNIV+RSES” embed multiple generative AI technologies at the core of global IP Lifecycle Management, “POWER’by” the 3DEXPERIENCE platform
    • Next generation Dassault Systèmes technology offers environment for combining virtual twins, training AI engines and protecting customer IP
    • Customers in all sectors can take advantage of the AI era to improve the daily lives of consumers, patients and citizens

    Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA) today opened up its new horizon as part of the Generative Economy by introducing “3D UNIV+RSES” that embed multiple generative AI technologies at the core of global IP Lifecycle Management (IPLM) for the benefit of its clients.

    This evolving architecture will permit its large client base to fully exploit their rich, high-quality patrimony of 3D design, virtual twins and PLM data in a new space of representation, the premier digital environment to train new categories of Experience as a Service (XaaS) ─ namely: Generative Experiences (GenXp), Virtual Companions, as well as intelligent Virtual Twin Experience as a Service (VTaaS). Dassault Systèmes’ “POWER’byAI” approach and its multi-AI, industry-aware platforms ─ 3DEXPERIENCE (manufacturing), MEDIDATA (life sciences and health care) and CENTRIC (consumer goods and food) ─ provide customers with world-class secured environments to reveal and generate their own knowledge and know-how with rapid deployment.

    Tomorrow’s game-changers will be those with the best-developed knowledge and know-how assets, who take inspiration from the living world to generate rather than consume, giving back to the planet as much as they take from it. This is what Dassault Systèmes calls the Generative Economy. It results from the convergence of the Experience Economy and the Circular Economy; it’s an economy of virtual assets in which intellectual property (IP), the critical factor for differentiation, will serve as a currency. 

    It will be catalyzed and enabled by “3D UNIV+RSES” and accelerated by the learning possibilities offered by AI. “3D UNIV+RSES” represent a new class of representation of the world: virtual-plus-real representations that holistically combine modeling, simulation, real-world evidence and AI-generated content. They offer a unique and secured industry environment for combining and cross-simulating virtual twins and for training multi-AI engines while protecting customers’ IP.

    “All our longtime loyal clients are expecting us to protect their ‘gold mine’ of virtual assets and reveal the invisible. In order to generate and protect the most valuable intellectual property, it is of critical importance to create Virtual Twin Experiences of everything for everyone that harmonize product, nature and life. Dassault Systèmes is committed to becoming the most trusted partner to provide ‘3D UNIV+RSES,’ as the ultimate source of knowledge and know-how, for our mutual benefit and human progress,” said Bernard Charlès, Executive Chairman, Dassault Systèmes. 

    “3D UNIV+RSES” are the seventh generation of representation of the world introduced by Dassault Systèmes over the past 44 years. These generations have ushered in new ways of imagining, creating and producing. 

    Today, in the Manufacturing Industries and Infrastructure and Cities sectors, the most advanced companies that create airplanes, vehicles, machines, robots, or high-tech and med-tech equipment use Dassault Systèmes’ sophisticated virtual twins to ensure the quality, performance and safety of their products and services, and to comply with regulations and standards. Dassault Systèmes has developed the same approach for innovators in the Life Sciences and Healthcare sector and pioneered virtual twins of the living world, from cells to organs to patients.

    “The extensive work done by Bernard Charlès and our Strategy and Research and Development teams over the past three years to define and create game-changer solutions based on the deep and wide adoption of generative AI is impressive. This will enable our clients in all sectors to take advantage of the AI era at every stage of the cycle of life of the products and services they invent and create to make them more sustainable. This will ultimately improve the daily lives of consumers, patients and citizens,” said Pascal Daloz, CEO, Dassault Systèmes.

    “3D UNIV+RSES” make it possible for customers to create the virtual twin of everything for everyone and virtualize their entire ecosystem. Experience will be at the core of them since “3D UNIV+RSES” are environments for experimentation integrating motion, transformation and time. Embedded AI technology serves as an accelerator to invent game-changing generative experiences, empower everyone with their virtual companion, and upskill the workforce of the future.

    ###

    FOR MORE INFORMATION

    Dassault Systèmes’ 3DEXPERIENCE platform, 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions: http://www.3ds.com

    ABOUT DASSAULT SYSTÈMES

    Dassault Systèmes is a catalyst for human progress.  Since 1981, the company has pioneered virtual worlds to improve real life for consumers, patients and citizens.  With Dassault Systèmes’ 3DEXPERIENCE platform, 350,000 customers of all sizes, in all industries, can collaborate, imagine and create sustainable innovations that drive meaningful impact.  For more information, visit:  www.3ds.com

    Dassault Systèmes Press Contacts
    Corporate / France        Arnaud MALHERBE        arnaud.malherbe@3ds.com        +33 (0)1 61 62 87 73
    North America        Natasha LEVANTI        natasha.levanti@3ds.com        +1 (508) 449 8097
    EMEA        Virginie BLINDENBERG        virginie.blindenberg@3ds.com        +33 (0) 1 61 62 84 21
    China        Grace MU        grace.mu@3ds.com        +86 10 6536 2288
    Japan        Reina YAMAGUCHI        reina.yamaguchi@3ds.com        +81 90 9325 2545
    Korea        Jeemin JEONG        jeemin.jeong@3ds.com        +82 2 3271 6653
    India        Priyanka PANDEY        priyanka.pandey@3ds.com        +91 9886302179

    Attachment

    The MIL Network

  • MIL-OSI: Dassault Systèmes: Strong Q4 results driven by new business acceleration and expanded 3DEXPERIENCE footprint

    Source: GlobeNewswire (MIL-OSI)

    Press Release

    VELIZY-VILLACOUBLAY, FranceFebruary 4, 2025

    Dassault Systèmes: Strong Q4 results driven by new business acceleration and expanded 3DEXPERIENCE footprint

    Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA) today reports its IFRS unaudited estimated financial results for the fourth quarter 2024 and full year ended December 31, 2024. The Group’s Board of Directors approved these estimated results on February 3, 2025. This press release also includes financial information on a non-IFRS basis and reconciliations with IFRS figures in the Appendix.

    Summary Highlights1  

    (unaudited, non-IFRS unless otherwise noted,
    all growth rates in constant currencies)

    • 4Q24: Software revenue accelerated to 9% growth;
    • 4Q24: Top line acceleration driven by new business growth of 13% and 3DEXPERIENCE software revenue up 22%;
    • 4Q24: Operating margin stood at 36.3%, an increase of 70 basis points, with diluted EPS of €0.40, up 11%;
    • FY24: Total revenue grew to €6.21 billion with software revenue up 6%, operating margin of 31.9% and diluted EPS of €1.28, up 9%;
    • Initiating guidance for FY25: total revenue growth expected between 6% and 8%, operating margin between 32.6% and 32.9%, up 70-100 basis points, and diluted EPS of €1.36-€1.39;
    • Revealing 3D UNIV+RSES and their AI-based services.

    Dassault Systèmes’ Chief Executive Officer Commentary

    Pascal Daloz, Dassault Systèmes’ Chief Executive Officer, commented:

    “2024 has been a year of competitive success, driven by the expansion of 3DEXPERIENCE across industries, domains and geographies, and redefining our strategic partnerships with industry leaders such as Volkswagen, Lockheed Martin, Mahindra & Mahindra, Airbus, and Bristol-Myers Squibb.

    Key to this success is the relevance of 3DEXPERIENCE combining deep industry knowledge and know-how to help customers enhance their value propositions and empower their teams. This will nurture our future growth and build the foundation for broad cloud adoption.

    Building on this strong foundation, we are excited to announce a new era for Dassault Systèmes. We are fully committed to creating UNIV+RSES, a combination of multiple virtual twins, integrating artificial intelligence to connect virtual and real, across all industry solutions. This will unlock new opportunities for our clients and position us as the trusted Global IP Generation and Management Company.”

    Dassault Systèmes’ Chief Financial Officer Commentary

    (revenue, operating margin and diluted EPS (‘EPS’) growth rates in constant currencies,
    data on a non-IFRS basis)

    Rouven Bergmann, Dassault Systèmes’ Chief Financial Officer, commented:

    “We delivered a strong Q4 in the context of a challenging year, with total revenue up 7%, driven by new business growth of 13% in the quarter. From a product line perspective, this performance was led by Industrial Innovation, up 8%, as a result of the wider adoption of 3DEXPERIENCE, with a focus on manufacturing. At the same time, we saw continued excellent performance in Mainstream Innovation while in Life Sciences, MEDIDATA returned to growth.

    Turning to the bottom line, profitability improved in the quarter with an operating margin of 36.3%, up 70 basis points driven by productivity gains, and EPS increased by a strong 11%.

    For 2024, software revenue growth was 6% and EPS grew by 9%. Operating cash flow came in at €1.66 billion resulting in a net cash position of €1.46 billion, highlighting our capacity for future investments.

    Looking ahead, we are confident in our growth outlook and competitive positioning.

    As such, for 2025 we anticipate total revenue growth between 6% and 8%, operating margin expansion of 70-100 basis points and EPS up 7% to 10%.

    Lastly, we are delighted to hold our Capital Markets Day this coming June, at our headquarters in Paris where it will be the opportunity to discuss our vision for the next horizon.”

    Financial Summary

    In millions of Euros,
    except per share data and percentages
      IFRS   IFRS
      Q4 2024 Q4 2023 Change Change in constant currencies   YTD 2024 YTD 2023 Change Change in constant currencies
    Total Revenue   1,754.2 1,643.4 7% 7%   6,213.6 5,951.4 4% 5%
    Software Revenue   1,601.5 1,476.1 8% 9%   5,613.3 5,360.0 5% 6%
    Operating Margin   27.6% 23.2% +4.3pts     21.9% 20.9% +1.0pt  
    Diluted EPS   0.30 0.25 20%     0.90 0.79 14%  
    In millions of Euros,
    except per share data and percentages
      Non-IFRS   Non-IFRS
      Q4 2024 Q4 2023 Change Change in constant currencies   YTD 2024 YTD 2023 Change Change in constant currencies
    Total Revenue   1,754.2 1,643.4 7% 7%   6,213.6 5,951.4 4% 5%
    Software Revenue   1,601.5 1,476.1 8% 9%   5,613.3 5,360.0 5% 6%
    Operating Margin   36.3% 35.9% +0.4pt     31.9% 32.4% (0.4)pt  
    Diluted EPS   0.40 0.36 9% 11%   1.28 1.20 7% 9%

    Fourth Quarter 2024 Versus 2023 Financial Comparisons

    (unaudited, IFRS and non-IFRS unless otherwise noted,
    all revenue growth rates in constant currencies)

    • Total Revenue: Total revenue in the fourth quarter grew by 7% to €1.75 billion, and software revenue increased by 9% to €1.60 billion. Subscription & support revenue rose 7%; recurring revenue represented 75% of software revenue. Licenses and other software revenue increased by 15% to €405 million. Services revenue was down 9% to €153 million, during the quarter.
    • Software Revenue by Geography: Revenue in the Americas increased by 5% to represent 37% of software revenue, led by Aerospace & Defense. Europe (43% of software revenue) grew by 14%, thanks to large deals closed in Aerospace & Defense and Home & Lifestyle. In Asia, revenue increased by 7%, led by Japan and India, while China remained volatile. Asia represented 20% of software revenue at the end of the fourth quarter.
    • Software Revenue by Product Line:
      • Industrial Innovation software revenue increased by 8% to €902 million, driven by strong momentum with 3DEXPERIENCE wins and many strategic competitive displacements, led by DELMIA in manufacturing. Industrial Innovation software represented 56% of software revenue.
      • Life Sciences software revenue was flat, at €298 million, accounting for 19% of software revenue. MEDIDATA returned to growth, up 1% in the quarter, highlighting progressive improvement.
      • Mainstream Innovation software revenue increased by 17% to €402 million, with SOLIDWORKS achieving its best quarter since 2022 and CENTRIC PLM maintaining strong momentum. Mainstream Innovation represented 25% of software revenue, during the period.
    • Software Revenue by Industry: Aerospace & Defense, Home & Lifestyle and Industrial Equipment were among the best performers during the quarter.
    • Key Strategic Drivers: 3DEXPERIENCE software revenue increased by 22% thanks to major deals signings in Aerospace & Defense and Transport & Mobility. 3DEXPERIENCE software revenue represented 46% of 3DEXPERIENCE eligible software revenue. Cloud software revenue grew by 6% and represented 22% of software revenue during the period. Excluding MEDIDATA, Cloud software revenue increased by 19%.
    • Operating Income and Margin: IFRS operating income rose by 27% at €483 million, as reported. Non-IFRS operating income increased by 9% in constant currencies at €637 million (up 8% as reported). The IFRS operating margin stood at 27.6% compared to 23.2% in the fourth quarter of 2023. The non-IFRS operating margin totaled 36.3% versus 35.9% during the same period last year, up 70 basis points in constant currencies.
    • Earnings per Share: IFRS diluted EPS was €0.30, up 20% as reported. Non-IFRS diluted EPS grew to €0.40, up 9% as reported, or 11% in constant currencies.

    Fiscal 2024 Versus 2023 Financial Comparisons

    (unaudited, IFRS and non-IFRS unless otherwise noted,
    all revenue growth rates in constant currencies)

    • Total Revenue: Total revenue grew by 5% to €6.21 billion. Software revenue increased by 6% to €5.61 billion. Subscription and support revenue rose to €4.49 billion up 6%; recurring revenue represented 80% of total software revenue. Licenses and other software revenue grew by 4% to €1.13 billion. Services revenue came at €600 million, up 2%.
    • Software Revenue by Geography: The Americas increased by 4% and represented 39% of software revenue. Europe rose by 6% and represented 38% of software revenue. Asia grew by 9%, representing 22% of software revenue.
    • Software Revenue by Product Line:
      • Industrial Innovation software revenue was up 5% to €3.02 billion and represented 54% of software revenue. DELMIA, ENOVIA and SIMULIA exhibited the strongest performance.
    • Life Sciences software revenue decreased by 1% to €1.14 billion, representing 20% of software revenue.
    • Mainstream Innovation software revenue increased by 13% to €1.45 billion. Mainstream Innovation represented 26% of software revenue.
    • Software Revenue by Industry: Home & Lifestyle, Aerospace and Defense, High-Tech and Industrial equipment displayed some of the strongest performance.
    • Key Strategic Drivers: 3DEXPERIENCE software revenue increased by 14%, representing 39% of 3DEXPERIENCE eligible software revenue. Cloud software revenue grew by 7% and represented 24% of software revenue. Excluding MEDIDATA, Cloud software revenue increased by more than 40% versus last year.
    • Operating Income and Margin: IFRS operating income increased by 9% to €1.36 billion, as reported. Non-IFRS operating income increased by 3% as reported, up 4% in constant currencies, to €1.98 billion. IFRS operating margin totaled 21.9% compared to 20.9% in 2023. The non-IFRS operating margin stood at 31.9% in 2024 compared to 32.4% last year.
    • Earnings per Share: IFRS diluted EPS was up 14% as reported, to €0.90. Non-IFRS diluted EPS grew by 7% to €1.28, as reported, up 9% in constant currencies.
    • Cash Flow from Operations (IFRS): Cash flow from operations totaled €1.66 billion, up 6% year over year at reported rate with strong cash conversion and good cash collection, offset by receivables up on higher business activity in the fourth quarter.
    • Balance Sheet (IFRS): Dassault Systèmes had a net cash position of €1.46 billion as of December 31, 2024, an increase of €0.88 billion, compared to €0.58 billion for the year ending December 31, 2023. Cash and cash equivalents totaled €3.95 billion at the end of December 2024. The movements of the year on cash and cash equivalents include the reimbursement for €700 million of the second tranche of the bond issued by the company in 2019.

    Financial Objectives for 2025

    Dassault Systèmes’ first quarter and 2025 financial objectives presented below are given on a non-IFRS basis and reflect the principal 2025 currency exchange rate assumptions for the US dollar and Japanese yen as well as the potential impact from additional non-Euro currencies:

               
          Q1 2025 FY 2025  
      Total Revenue (billion) €1.535 – €1.601 €6.550 – €6.650  
      Growth 2 – 7% 5 – 7%  
      Growth ex FX 3 – 8% 6 – 8%  
               
      Software revenue growth * 3 – 8% 6 – 8%  
        Of which licenses and other software revenue growth * 0 – 9% 3 – 5%  
        Of which recurring revenue growth * 4 – 8% 7 – 9%  
     

    Services revenue growth *

    0 – 4%

    3 – 6%  
               
      Operating Margin 31.0% – 31.1% 32.6% – 32.9%  
               
      EPS Diluted €0.30 – €0.32 €1.36 – €1.39  
      Growth 2 – 6% 6 – 8%  
      Growth ex FX 3 – 7% 7 – 10%  
               
      US dollar $1.10 per Euro $1.10 per Euro  
      Japanese yen (before hedging) JPY 155.0 per Euro JPY 155.0 per Euro  
      * Growth in Constant Currencies      

    These objectives are prepared and communicated only on a non-IFRS basis and are subject to the cautionary statement set forth below.

    The 2025 non-IFRS financial objectives set forth above do not take into account the following accounting elements below and are estimated based upon the 2025 principal currency exchange rates above: no significant contract liabilities write-downs; share-based compensation expenses, including related social charges, estimated at approximately €161 million (these estimates do not include any new stock option or share grants issued after December 31, 2024); amortization of acquired intangibles and of tangibles reevaluation, estimated at approximately €336 million, largely impacted by the acquisition of MEDIDATA; and lease incentives of acquired companies at approximately €2 million.

    The above objectives also do not include any impact from other operating income and expenses, a net principally comprised of acquisition, integration and restructuring expenses, and impairment of goodwill and acquired intangible assets; from one-time items included in financial revenue; from one-time tax effects; and from the income tax effects of these non-IFRS adjustments. Finally, these estimates do not include any new acquisitions or restructuring completed after December 31, 2024.

    Corporate Announcements

    Today’s Webcast and Conference Call Information

    Today, Tuesday, February 4, 2025, Dassault Systèmes will host, from Paris, a webcasted presentation at 9:00 AM London Time / 10:00 AM Paris time, and will then host a conference call at 8:30 AM New York time / 1:30 PM London time / 2:30 PM Paris time. The webcasted presentation and conference calls will be available online by accessing investor.3ds.com.

    Additional investor information is available at investor.3ds.com or by calling Dassault Systèmes’ Investor Relations at +33.1.61.62.69.24.

    Investor Relations Events

    • First Quarter 2025 Earnings Release: April 24, 2025
    • Second Quarter 2025 Earnings Release: July 24, 2025
    • Third Quarter 2025 Earnings Release: October 23, 2025

    Forward-looking Information

    Statements herein that are not historical facts but express expectations or objectives for the future, including but not limited to statements regarding the Group’s non-IFRS financial performance objectives are forward-looking statements. Such forward-looking statements are based on Dassault Systèmes management’s current views and assumptions and involve known and unknown risks and uncertainties. Actual results or performances may differ materially from those in such statements due to a range of factors.

    The Group’s actual results or performance may be materially negatively affected by numerous risks and uncertainties, as described in the “Risk Factors” section 1.9 of the 2023 Universal Registration Document (‘Document d’enregistrement universel’) filed with the AMF (French Financial Markets Authority) on March 18, 2024, available on the Group’s website www.3ds.com.

    In particular, please refer to the risk factor “Uncertain Global Economic Environment” in section 1.9.1.1 of the 2023 Universal Registration Document set out below for ease of reference:

    “In light of the uncertainties regarding economic, business, social, health and geopolitical conditions at the global level, Dassault Systèmes’ revenue, net earnings and cash flows may grow more slowly, whether on an annual or quarterly basis, mainly due to the following factors:

    • the deployment of Dassault Systèmes’ solutions may represent a large portion of a customer’s investments in software technology. Decisions to make such an investment are impacted by the economic environment in which the customers operate. Uncertain global geopolitical, economic and health conditions and the lack of visibility or the lack of financial resources may cause some customers, e.g. within the automotive, aerospace, energy or natural resources industries, to reduce, postpone or terminate their investments, or to reduce or not renew ongoing paid maintenance for their installed base, which impact larger customers’ revenue with their respective sub-contractors;
    • the political, economic and monetary situation in certain geographic regions where Dassault Systèmes operates could become more volatile and impact Dassault Systèmes’ business, for example, due to stricter export compliance rules or the introduction of new customs tariffs;
    • continued pressure or volatility on raw materials and energy prices could also slow down Dassault Systèmes’ diversification efforts in new industries;
    • uncertainties regarding the extent and duration of inflation could adversely affect the financial position of Dassault Systèmes; and
    • the sales cycle of Dassault Systèmes’ products – already relatively long due to the strategic nature of such investments for customers – could further lengthen.

    The occurrence of crises – health and political in particular – could have consequences both for the health and safety of Dassault Systèmes’ employees and for the Company. It could also adversely impact the financial situation or financing and supply capabilities of Dassault Systèmes’ existing and potential customers, commercial and technology partners, some of whom may be forced to temporarily close sites or cease operations. A deteriorating economic environment could generate increased price pressure and affect the collection of receivables, which would negatively impact Dassault Systèmes’ revenue, financial performance and market position.

    Dassault Systèmes makes every effort to take into consideration this uncertain macroeconomic outlook. Dassault Systèmes’ business results, however, may not develop as anticipated. Furthermore, due to factors affecting sales of Dassault Systèmes’ products and services, there may be a substantial time lag between an improvement in global economic and business conditions and an upswing in the Company’s business results.

    In preparing such forward-looking statements, the Group has in particular assumed an average US dollar to euro exchange rate of US$1.10 per €1.00 as well as an average Japanese yen to euro exchange rate of JPY155.0 to €1.00, before hedging for the first quarter 2025. The Group has assumed an average US dollar to euro exchange rate of US$1.10 per €1.00 as well as an average Japanese yen to euro exchange rate of JPY155.0 to €1.00, before hedging for the full year 2025. However, currency values fluctuate, and the Group’s results may be significantly affected by changes in exchange rates.   

    Non-IFRS Financial Information

    Readers are cautioned that the supplemental non-IFRS financial information presented in this press release is subject to inherent limitations. It is not based on any comprehensive set of accounting rules or principles and should not be considered in isolation from or as a substitute for IFRS measurements. The supplemental non-IFRS financial information should be read only in conjunction with the Company’s consolidated financial statements prepared in accordance with IFRS. Furthermore, the Group’s supplemental non-IFRS financial information may not be comparable to similarly titled “non-IFRS” measures used by other companies. Specific limitations for individual non-IFRS measures are set forth in the Company’s 2024 Universal Registration Document filed with the AMF on March 18, 2024.

    In the tables accompanying this press release the Group sets forth its supplemental non-IFRS figures for revenue, operating income, operating margin, net income and diluted earnings per share, which exclude the effect of adjusting the carrying value of acquired companies’ deferred revenue, share-based compensation expense and related social charges, the amortization of acquired intangible assets and of tangibles reevaluation, certain other operating income and expense, net, including impairment of goodwill and acquired intangibles, the effect of adjusting lease incentives of acquired companies, certain one-time items included in financial revenue and other, net, and the income tax effect of the non-IFRS adjustments and certain one-time tax effects. The tables also set forth the most comparable IFRS financial measure and reconciliations of this information with non-IFRS information.

    FOR MORE INFORMATION

    Dassault Systèmes’ 3DEXPERIENCE platform, 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions: http://www.3ds.com

    ABOUT DASSAULT SYSTÈMES

    Dassault Systèmes is a catalyst for human progress. Since 1981, the company has pioneered virtual worlds to improve real life for consumers, patients and citizens. With Dassault Systèmes’ 3DEXPERIENCE platform, 350,000 customers of all sizes, in all industries, can collaborate, imagine and create sustainable innovations that drive meaningful impact. For more information, visit www.3ds.com

    Dassault Systèmes Investor Relations Team                        FTI Consulting

    Beatrix Martinez: +33 1 61 62 40 73                                Arnaud de Cheffontaines: +33 1 47 03 69 48

                                                                    Jamie Ricketts : +44 20 3727 1600

    investors@3ds.com

    Dassault Systèmes Press Contacts

    Corporate / France        Arnaud MALHERBE        

    arnaud.malherbe@3ds.com        

    +33 (0)1 61 62 87 73

    © Dassault Systèmes. All rights reserved. 3DEXPERIENCE, the 3DS logo, the Compass icon, IFWE, 3DEXCITE, 3DVIA, BIOVIA, CATIA, CENTRIC PLM, DELMIA, ENOVIA, GEOVIA, MEDIDATA, NETVIBES, OUTSCALE, SIMULIA and SOLIDWORKS are commercial trademarks or registered trademarks of Dassault Systèmes, a European company (Societas Europaea) incorporated under French law, and registered with the Versailles trade and companies registry under number 322 306 440, or its subsidiaries in the United States and/or other countries. All other trademarks are owned by their respective owners. Use of any Dassault Systèmes or its subsidiaries trademarks is subject to their express written approval.

    APPENDIX TABLE OF CONTENTS

    Due to rounding, numbers presented throughout this and other documents may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures.    

    Glossary of Definitions

    Non-IFRS Financial Information

    Acquisitions and Foreign Exchange Impact

    Condensed consolidated statements of income

    Condensed consolidated balance sheet

    Condensed consolidated cash flow statement

    IFRS – non-IFRS reconciliation

    DASSAULT SYSTÈMES – Glossary of Definitions

    Information in Constant Currencies

    Dassault Systèmes has followed a long-standing policy of measuring its revenue performance and setting its revenue objectives exclusive of currency in order to measure in a transparent manner the underlying level of improvement in its total revenue and software revenue by activity, industry, geography and product lines. The Group believes it is helpful to evaluate its growth exclusive of currency impacts, particularly to help understand revenue trends in its business. Therefore, the Group provides percentage increases or decreases in its revenue and expenses (in both IFRS as well as non-IFRS) to eliminate the effect of changes in currency values, particularly the U.S. dollar and the Japanese yen, relative to the euro. When trend information is expressed “in constant currencies”, the results of the “prior” period have first been recalculated using the average exchange rates of the comparable period in the current year, and then compared with the results of the comparable period in the current year.

    While constant currency calculations are not considered to be an IFRS measure, the Group believes these measures are critical to understanding its global revenue results and to compare with many of its competitors who report their financial results in U.S. dollars. Therefore, Dassault Systèmes includes this calculation for comparing IFRS revenue figures as well non-IFRS revenue figures for comparable periods. All information at constant exchange rates is expressed as a rounded percentage and therefore may not precisely reflect the absolute figures.

    Information on Growth excluding acquisitions (“organic growth”)

    In addition to financial indicators on the entire Group’s scope, Dassault Systèmes provides growth excluding acquisitions effect, also named organic growth. In order to do so, the data relating to the scope is restated excluding acquisitions, from the date of the transaction, over a period of 12 months.

    Information on Industrial Sectors

    The Group provides broad end-to-end software solutions and services: its platform-based virtual twin experiences combine modeling, simulation, data science and collaborative innovation to support companies in the three sectors it serves, namely Manufacturing Industries, Life Sciences & Healthcare, and Infrastructure & Cities.

    These three sectors comprise twelve industries:

    • Manufacturing Industries: Transportation & Mobility; Aerospace & Defense; Marine & Offshore; Industrial Equipment; High-Tech; Home & Lifestyle; Consumer Packaged Goods – Retail. In Manufacturing Industries, Dassault Systèmes helps customers virtualize their operations, improve data sharing and collaboration across their organization, reduce costs and time-to-market, and become more sustainable;
    • Life Sciences & Healthcare: Life Sciences & Healthcare. In this sector, the Group aims to address the entire cycle of the patient journey to lead the way toward precision medicine. To reach the broader healthcare ecosystem from research to commercial, the Group’s solutions connect all elements from molecule development to prevention to care, and combine new therapeutics, med practices, and Medtech;
    • Infrastructure & Cities: Infrastructure, Energy & Materials; Architecture, Engineering & Construction; Business Services; Cities & Public Services. In Infrastructure & Cities, the Group supports the virtualization of the sector in making its industries more efficient and sustainable, and creating desirable living environments.

    Information on Product Lines

    The Group’s product lines financial reporting include the following financial information:

    • Industrial Innovation software revenue, which includes CATIA, ENOVIA, SIMULIA, DELMIA, GEOVIA, NETVIBES, and 3DEXCITE brands;
    • Life Sciences software revenue, which includes MEDIDATA and BIOVIA brands;
    • Mainstream Innovation software revenue which includes its CENTRIC PLM and 3DVIA brands, as well as its 3DEXPERIENCE WORKS family which includes the SOLIDWORKS brand.

    Starting from 2022, OUTSCALE became a brand of the Group, extending the portfolio of software applications. As the first sovereign and sustainable operator on the cloud, OUTSCALE enables governments and corporations from all sectors to achieve digital autonomy through a Cloud experience and with a world-class cyber governance.

    GEOs

    Eleven GEOs are responsible for driving development of the Company’s business and implementing its customer‑centric engagement model. Teams leverage strong networks of local customers, users, partners, and influencers.

    These GEOs are structured into three groups:

    • the “Americas” group, made of two GEO’s;
    • the “Europe” group, comprising Europe, Middle East and Africa (EMEA) and made of four GEO’s;
    • the “Asia” group, comprising Asia and Oceania and made of five GEO’s.

    3DEXPERIENCE Software Contribution

    To measure the relative share of 3DEXPERIENCE software in its revenues, Dassault Systèmes uses the following ratio: for software revenue, the Group calculates the percentage contribution by comparing total 3DEXPERIENCE software revenue to software revenue for all product lines except SOLIDWORKS, MEDIDATA, CENTRIC PLM and other acquisitions (defined as “3DEXPERIENCE Eligible software revenue”).

    Cloud revenue

    Cloud revenues correspond to revenue generated through a catalog of cloud-based solutions, infrastructure as a service, cloud solution development and cloud managed services. They are delivered by Dassault Systèmes via a cloud infrastructure hosted by Dassault Systèmes, or by third party providers of cloud computing infrastructure services. These offerings are available through different deployment methods: Dedicated cloud, Sovereign cloud and International cloud. Cloud solutions are generally offered through subscriptions models or perpetual licenses with support and hosting services.

    New business

    New business is the combination of subscription revenue and licenses & other software revenue.

    DASSAULT SYSTÈMES

    NON-IFRS FINANCIAL INFORMATION

    (unaudited; in millions of Euros, except per share data, percentages, headcount and exchange rates)

    Non-IFRS key figures exclude the effects of adjusting the carrying value of acquired companies’ contract liabilities (deferred revenue), share-based compensation expense, including related social charges, amortization of acquired intangible assets and of tangible assets revaluation, lease incentives of acquired companies, other operating income and expense, net, including the acquisition, integration and restructuring expenses, and impairment of goodwill and acquired intangible assets, certain one-time items included in financial loss, net, certain one-time tax effects and the income tax effects of these non-IFRS adjustments.

    Comparable IFRS financial information and a reconciliation of the IFRS and non-IFRS measures are set forth in the separate tables within this Attachment.

    In millions of Euros, except per share data, percentages, headcount and exchange rates Non-IFRS reported
    Three months ended Twelve months ended
    December 31,

    2024

    December 31,

    2023

    Change Change in constant currencies December 31,

    2024

    December 31,

    2023

    Change Change in constant currencies
    Total Revenue € 1,754.2 € 1,643.4 7% 7% € 6,213.6 € 5,951.4 4% 5%
                     
    Revenue breakdown by activity                
    Software revenue 1,601.5 1,476.1 8% 9% 5,613.3 5,360.0 5% 6%
    Of which licenses and other software revenue 405.4 351.9 15% 15% 1,125.2 1,087.6 3% 4%
    Of which subscription and support revenue 1,196.1 1,124.3 6% 7% 4,488.1 4,272.4 5% 6%
    Services revenue 152.8 167.3 (9)% (9)% 600.3 591.4 2% 2%
                     
    Software revenue breakdown by product line                
    Industrial Innovation 901.8 837.3 8% 8% 3,019.6 2,908.0 4% 5%
    Life Sciences 297.7 295.1 1% 0% 1,144.2 1,158.9 (1)% (1)%
    Mainstream Innovation 402.0 343.7 17% 17% 1,449.4 1,293.2 12% 13%
                     
    Software Revenue breakdown by geography                
    Americas 595.0 566.7 5% 5% 2,214.7 2,141.9 3% 4%
    Europe 685.0 601.1 14% 14% 2,150.4 2,027.3 6% 6%
    Asia 321.4 308.4 4% 7% 1,248.1 1,190.8 5% 9%
                     
    Operating income € 636.8 € 589.8 8%   € 1,983.7 € 1,925.6 3%  
    Operating margin 36.3% 35.9%     31.9% 32.4%    
                     
    Net income attributable to shareholders € 530.7 € 487.2 9%   € 1,705.1 € 1,597.9 7%  
    Diluted earnings per share € 0.40 € 0.36 9% 11% € 1.28 € 1.20 7% 9%
                     
    Closing headcount 26,026 25,573 2%   26,026 25,573 2%  
                     
    Average Rate USD per Euro 1.07 1.08 (1)%   1.08 1.08 0%  
    Average Rate JPY per Euro 162.55 159.12 2%   163.85 151.99 8%  

    DASSAULT SYSTÈMES

    ACQUISITIONS AND FOREIGN EXCHANGE IMPACT

    (unaudited; in millions of Euros)

    In millions of Euros Non-IFRS reported o/w growth at constant rate and scope o/w change of scope impact at current year rate o/w FX impact on previous year figures
    December 31,

    2024

    December 31,

    2023

    Change
    Revenue QTD 1,754.2 1,643.4 110.9 111.8 0.6 (1.6)
    Revenue YTD 6,213.6 5,951.4 262.2 302.0 2.2 (42.0)

    DASSAULT SYSTÈMES

    CONDENSED CONSOLIDATED STATEMENTS OF INCOME

    (unaudited; in millions of Euros, except per share data and percentages)

    In millions of Euros, except per share data and percentages IFRS reported
    Three months ended Twelve months ended
    December 31, December 31, December 31, December 31,
    2024 2023 2024 2023
    Licenses and other software revenue 405.4 351.9 1,125.2 1,087.6
    Subscription and Support revenue 1,196.1 1,124.3 4,488.1 4,272.4
    Software revenue 1,601.5 1,476.1 5,613.3 5,360.0
    Services revenue 152.8 167.3 600.3 591.4
    Total Revenue € 1,754.2 € 1,643.4 € 6,213.6 € 5,951.4
    Cost of software revenue (1) (134.1) (124.9) (498.5) (453.9)
    Cost of services revenue (132.7) (131.0) (517.8) (517.1)
    Research and development expenses (327.7) (317.5) (1,286.2) (1,228.3)
    Marketing and sales expenses (456.6) (429.3) (1,704.3) (1,624.5)
    General and administrative expenses (136.4) (124.8) (470.5) (450.6)
    Amortization of acquired intangible assets and of tangible assets revaluation (87.5) (94.9) (361.6) (378.9)
    Other operating income and expense, net 4.2 (39.5) (15.0) (56.2)
    Total Operating Expenses (1,270.9) (1,261.8) (4,854.0) (4,709.5)
    Operating Income € 483.4 € 381.6 € 1,359.6 € 1,241.9
    Financial income (loss), net 22.9 27.8 118.4 59.0
    Income before income taxes € 506.3 € 409.4 € 1,478.0 € 1,300.9
    Income tax expense (95.4) (79.1) (279.9) (250.7)
    Net Income € 410.9 € 330.3 € 1,198.1 € 1,050.2
    Non-controlling interest 1.1 (0.3) 2.1 0.7
    Net Income attributable to equity holders of the parent € 412.0 € 330.0 € 1,200.2 € 1,050.9
    Basic earnings per share 0.31 0.25 0.91 0.80
    Diluted earnings per share € 0.30 € 0.25 € 0.90 € 0.79
    Basic weighted average shares outstanding (in millions) 1,312.7 1,314.1 1,313.3 1,315.1
    Diluted weighted average shares outstanding (in millions) 1,330.0 1,336.6 1,333.4 1,336.8

    (1) Excluding amortization of acquired intangible assets and of tangible assets revaluation.

    IFRS reported

     

    Three months ended December 31, 2024 Twelve months ended December 31, 2024
    Change (2) Change in constant currencies Change (2) Change in constant currencies
    Total Revenue 7% 7% 4% 5%
    Revenue by activity        
    Software revenue 8% 9% 5% 6%
    Services revenue (9)% (9)% 2% 2%
    Software Revenue by product line        
    Industrial Innovation 8% 8% 4% 5%
    Life Sciences 1% 0% (1)% (1)%
    Mainstream Innovation 17% 17% 12% 13%
    Software Revenue by geography        
    Americas 5% 5% 3% 4%
    Europe 14% 14% 6% 6%
    Asia 4% 7% 5% 9%

    (2) Variation compared to the same period in the prior year.

    DASSAULT SYSTÈMES

    CONDENSED CONSOLIDATED BALANCE SHEET

    (unaudited; in millions of Euros)

    In millions of Euros IFRS reported
    December 31, December 31,
    2024 2023
    ASSETS    
    Cash and cash equivalents 3,952.6 3,568.3
    Trade accounts receivable, net 2,120.9 1,707.9
    Contract assets 30.1 26.8
    Other current assets 464.0 477.1
    Total current assets 6,567.6 5,780.1
    Property and equipment, net 945.8 882.8
    Goodwill and Intangible assets, net 7,687.1 7,647.0
    Other non-current assets 345.5 312.5
    Total non-current assets 8,978.3 8,842.3
    Total Assets € 15,545.9 € 14,622.5
    LIABILITIES    
    Trade accounts payable 259.9 230.5
    Contract liabilities 1,663.4 1,479.3
    Borrowings, current 450.8 950.1
    Other current liabilities 1,147.4 901.0
    Total current liabilities 3,521.5 3,561.0
    Borrowings, non-current 2,042.8 2,040.6
    Other non-current liabilities 900.9 1,174.8
    Total non-current liabilities 2,943.7 3,215.4
    Non-controlling interests 14.1 11.9
    Parent shareholders’ equity 9,066.6 7,834.1
    Total Liabilities € 15,545.9 € 14,622.5

    DASSAULT SYSTÈMES

    CONDENSED CONSOLIDATED CASH FLOW STATEMENT

    (unaudited; in millions of Euros)

    In millions of Euros IFRS reported
    Three months ended Twelve months ended
    December 31, December 31, Change December 31, December 31, Change
    2024 2023 2024 2023
    Net income attributable to equity holders of the parent 412.0 330.0 82.0 1,200.2 1,050.9 149.3
    Non-controlling interest (1.1) 0.3 (1.4) (2.1) (0.7) (1.4)
    Net income 410.9 330.3 80.6 1,198.1 1,050.2 147.9
    Depreciation of property and equipment 49.7 44.0 5.7 191.9 182.4 9.4
    Amortization of intangible assets 89.4 96.8 (7.4) 369.1 387.1 (18.0)
    Adjustments for other non-cash items (75.9) (48.8) (27.0) 37.7 74.7 (37.0)
    Changes in working capital (162.1) (128.8) (33.3) (137.0) (129.2) (7.7)
    Net Cash From Operating Activities € 312.0 € 293.4 € 18.6 € 1,659.8 € 1,565.2 € 94.6
                 
    Additions to property, equipment and intangibles assets (49.1) (42.5) (6.6) (193.4) (145.3) (48.1)
    Payment for acquisition of businesses, net of cash acquired (4.2) (0.5) (3.8) (22.5) (16.1) (6.4)
    Other 0.3 0.1 0.1 24.1 (0.3) 24.4
    Net Cash Provided by (Used in) Investing Activities € (53.1) € (42.9) € (10.2) € (191.7) € (161.6) € (30.1)
                 
    Proceeds from exercise of stock options 4.4 28.5 (24.1) 48.4 67.0 (18.6)
    Cash dividends paid 0.0 (0.0) (302.7) (276.2) (26.4)
    Repurchase and sale of treasury stock (0.5) 10.6 (11.1) (374.0) (375.4) 1.4
    Capital increase (0.0) 0.0 146.1 (146.1)
    Acquisition of non-controlling interests (0.0) (0.1) 0.1 (3.3) (0.9) (2.4)
    Proceeds from borrowings 0.0 (0.0) 200.2 20.3 179.9
    Repayment of borrowings (100.0) 0.1 (100.0) (700.9) (28.1) (672.7)
    Repayment of lease liabilities (18.7) (26.3) 7.7 (79.7) (89.4) 9.7
    Net Cash Provided by (Used in) Financing Activities € (114.8) € 12.7 € (127.5) € (1,211.9) € (536.7) € (675.2)
                 
    Effect of exchange rate changes on cash and cash equivalents 150.8 (63.2) 213.9 128.2 (67.5) 195.7
                 
    Increase (decrease) in cash and cash equivalents € 294.9 € 200.1 € 94.8 € 384.3 € 799.3 € (415.0)
                 
    Cash and cash equivalents at beginning of period € 3,657.7 € 3,368.1   € 3,568.3 € 2,769.0  
    Cash and cash equivalents at end of period € 3,952.6 € 3,568.3   € 3,952.6 € 3,568.3  

    DASSAULT SYSTÈMES
    SUPPLEMENTAL NON-IFRS FINANCIAL INFORMATION
    IFRS – NON-IFRS RECONCILIATION
    (unaudited; in millions of Euros, except per share data and percentages)

    Readers are cautioned that the supplemental non-IFRS information presented in this press release is subject to inherent limitations. It is not based on any comprehensive set of accounting rules or principles and should not be considered as a substitute for IFRS measurements. Also, the Group’s supplemental non-IFRS financial information may not be comparable to similarly titled “non-IFRS” measures used by other companies. Further specific limitations for individual non-IFRS measures, and the reasons for presenting non-IFRS financial information, are set forth in the Group’s Document d’Enregistrement Universel for the year ended December 31, 2023 filed with the AMF on March 18, 2024. To compensate for these limitations, the supplemental non-IFRS financial information should be read not in isolation, but only in conjunction with the Group’s consolidated financial statements prepared in accordance with IFRS.

    In millions of Euros, except per share data and percentages Three months ended December 31, Change
    2024 Adjustment(1) 2024 2023 Adjustment(1) 2023 IFRS Non-IFRS(2)
    IFRS Non-IFRS IFRS Non-IFRS
    Total Revenue € 1,754.2 € 1,754.2 € 1,643.4 € 1,643.4 7% 7%
    Revenue breakdown by activity                
    Software revenue 1,601.5 1,601.5 1,476.1 1,476.1 8% 8%
    Licenses and other software revenue 405.4 405.4 351.9 351.9 15% 15%
    Subscription and Support revenue 1,196.1 1,196.1 1,124.3 1,124.3 6% 6%
    Recurring portion of Software revenue 75%   75% 76%   76%    
    Services revenue 152.8 152.8 167.3 167.3 (9)% (9)%
    Software Revenue breakdown by product line                
    Industrial Innovation 901.8 901.8 837.3 837.3 8% 8%
    Life Sciences 297.7 297.7 295.1 295.1 1% 1%
    Mainstream Innovation 402.0 402.0 343.7 343.7 17% 17%
    Software Revenue breakdown by geography                
    Americas 595.0 595.0 566.7 566.7 5% 5%
    Europe 685.0 685.0 601.1 601.1 14% 14%
    Asia 321.4 321.4 308.4 308.4 4% 4%
    Total Operating Expenses € (1,270.9) € 153.4 € (1,117.5) € (1,261.8) € 208.2 € (1,053.6) 1% 6%
    Share-based compensation expense and related social charges (69.7) 69.7 (73.2) 73.2    
    Amortization of acquired intangible assets and of tangible assets revaluation (87.5) 87.5 (94.9) 94.9    
    Lease incentives of acquired companies (0.4) 0.4 (0.7) 0.7    
    Other operating income and expense, net 4.2 (4.2) (39.5) 39.5    
    Operating Income € 483.4 € 153.4 € 636.8 € 381.6 € 208.2 € 589.8 27% 8%
    Operating Margin 27.6%   36.3% 23.2%   35.9%    
    Financial income (loss), net 22.9 1.1 24.0 27.8 1.0 28.8 (18)% (17)%
    Income tax expense (95.4) (33.2) (128.6) (79.1) (51.3) (130.4) 21% (1)%
    Non-controlling interest 1.1 (2.6) (1.5) (0.3) (0.7) (1.0) N/A 53%
    Net Income attributable to shareholders € 412.0 € 118.7 € 530.7 € 330.0 € 157.2 € 487.2 25% 9%
    Diluted Earnings Per Share (3) € 0.30 € 0.10 € 0.40 € 0.25 € 0.12 € 0.36 20% 9%

    (1) In the reconciliation schedule above, (i) all adjustments to IFRS revenue data reflect the exclusion of the effect of adjusting the carrying value of acquired companies’ contract liabilities (deferred revenue); (ii) adjustments to IFRS operating expense data reflect the exclusion of the amortization of acquired intangible assets and of tangible assets revaluation, share-based compensation expense, including related social charges, lease incentives of acquired companies, as detailed below, and other operating income and expense, net including acquisition, integration and restructuring expenses, and impairment of goodwill and acquired intangible assets; (iii) adjustments to IFRS financial loss, net reflect the exclusion of certain one-time items included in financial loss, net, and; (iv) all adjustments to IFRS income data reflect the combined effect of these adjustments, plus with respect to net income and diluted earnings per share, certain one-time tax effects and the income tax effect of the non-IFRS adjustments.

    In millions of Euros, except percentages Three months ended December 31, Change
    2024

    IFRS

    Share-based compensation expense and related social charges Lease incentives of acquired companies 2024

    Non-IFRS

    2023

    IFRS

    Share-based compensation expense and related social charges Lease incentives of acquired companies 2023

    Non-IFRS

    IFRS Non-

    IFRS

    Cost of revenue (266.9) 5.0 0.1 (261.8) (255.9) 3.6 0.2 (252.1) 4% 4%
    Research and development expenses (327.7) 18.2 0.2 (309.3) (317.5) 28.5 0.3 (288.7) 3% 7%
    Marketing and sales expenses (456.6) 25.1 0.1 (431.4) (429.3) 20.9 0.1 (408.3) 6% 6%
    General and administrative expenses (136.4) 21.4 0.0 (115.0) (124.8) 20.2 0.0 (104.5) 9% 10%
    Total   € 69.7 € 0.4     € 73.2 € 0.7      

    (2) The non-IFRS percentage increase (decrease) compares non-IFRS measures for the two different periods. In the event there is non-IFRS adjustment to the relevant measure for only one of the periods under comparison, the non-IFRS increase (decrease) compares the non-IFRS measure to the relevant IFRS measure.
    (3) Based on a weighted average 1,330.0 million diluted shares for Q4 2024 and 1,336.6 million diluted shares for Q4 2023, and, for IFRS only, a diluted net income attributable to the sharehorlders of € 394.7 million for Q4 2024 (€ 330.0 million for Q4 2023). The Diluted net income attributable to equity holders of the Group corresponds to the Net Income attributable to equity holders of the Group adjusted by the impact of the share-based compensation plans to be settled either in cash or in shares at the option of the Group.

    DASSAULT SYSTÈMES
    SUPPLEMENTAL NON-IFRS FINANCIAL INFORMATION
    IFRS – NON-IFRS RECONCILIATION
    (unaudited; in millions of Euros, except per share data and percentages)

    Readers are cautioned that the supplemental non-IFRS information presented in this press release is subject to inherent limitations. It is not based on any comprehensive set of accounting rules or principles and should not be considered as a substitute for IFRS measurements. Also, the Group’s supplemental non-IFRS financial information may not be comparable to similarly titled “non-IFRS” measures used by other companies. Further specific limitations for individual non-IFRS measures, and the reasons for presenting non-IFRS financial information, are set forth in the Group’s Document d’Enregistrement Universel for the year ended December 31, 2023 filed with the AMF on March 18, 2024. To compensate for these limitations, the supplemental non-IFRS financial information should be read not in isolation, but only in conjunction with the Group’s consolidated financial statements prepared in accordance with IFRS.

    In millions of Euros, except per share data and percentages Twelve months ended December 31, Change
    2024 Adjustment(1) 2024 2023 Adjustment(1) 2023 IFRS Non-IFRS(2)
    IFRS Non-IFRS IFRS Non-IFRS
    Total Revenue € 6,213.6   € 6,213.6 € 5,951.4 € 5,951.4 4% 4%
    Revenue breakdown by activity                
    Software revenue 5,613.3   5,613.3 5,360.0 5,360.0 5% 5%
    Licenses and other software revenue 1,125.2 1,125.2 1,087.6 1,087.6 3% 3%
    Subscription and Support revenue 4,488.1   4,488.1 4,272.4 4,272.4 5% 5%
    Recurring portion of Software revenue 80%   80% 80%   80%    
    Services revenue 600.3 600.3 591.4 591.4 2% 2%
    Software Revenue breakdown by product line                
    Industrial Innovation 3,019.6 3,019.6 2,908.0 2,908.0 4% 4%
    Life Sciences 1,144.2 1,144.2 1,158.9 1,158.9 (1)% (1)%
    Mainstream Innovation 1,449.4 1,449.4 1,293.2 1,293.2 12% 12%
    Software Revenue breakdown by geography                
    Americas 2,214.7   2,214.7 2,141.9 2,141.9 3% 3%
    Europe 2,150.4 2,150.4 2,027.3 2,027.3 6% 6%
    Asia 1,248.1 1,248.1 1,190.8 1,190.8 5% 5%
    Total Operating Expenses € (4,854.0) € 624.2 € (4,229.8) € (4,709.5) € 683.7 € (4,025.8) 3% 5%
    Share-based compensation expense and related social charges (245.6) 245.6 (245.8) 245.8    
    Amortization of acquired intangible assets and of tangible assets revaluation (361.6) 361.6 (378.9) 378.9    
    Lease incentives of acquired companies (1.9) 1.9 (2.8) 2.8    
    Other operating income and expense, net (15.0) 15.0 (56.2) 56.2    
    Operating Income € 1,359.6 € 624.2 € 1,983.7 € 1,241.9 € 683.7 € 1,925.6 9% 3%
    Operating Margin 21.9%   31.9% 20.9%   32.4%    
    Financial income (loss), net 118.4 3.2 121.6 59.0 29.3 88.2 101% 38%
    Income tax expense (279.9) (117.0) (396.8) (250.7) (164.1) (414.8) 12% (4)%
    Non-controlling interest 2.1 (5.5) (3.4) 0.7 (1.9) (1.2) 190% 187%
    Net Income attributable to shareholders € 1,200.2 € 504.9 € 1,705.1 € 1,050.9 € 546.9 € 1,597.9 14% 7%
    Diluted Earnings Per Share (3) € 0.90 € 0.38 € 1.28 € 0.79 € 0.41 € 1.20 14% 7%

    (1) In the reconciliation schedule above, (i) all adjustments to IFRS revenue data reflect the exclusion of the effect of adjusting the carrying value of acquired companies’ contract liabilities (deferred revenue); (ii) adjustments to IFRS operating expense data reflect the exclusion of the amortization of acquired intangible assets and of tangible assets revaluation, share-based compensation expense, including related social charges, lease incentives of acquired companies, as detailed below, and other operating income and expense, net including acquisition, integration and restructuring expenses, and impairment of goodwill and acquired intangible assets; (iii) adjustments to IFRS financial loss, net reflect the exclusion of certain one-time items included in financial loss, net, and; (iv) all adjustments to IFRS income data reflect the combined effect of these adjustments, plus with respect to net income and diluted earnings per share, certain one-time tax effects and the income tax effect of the non-IFRS adjustments.

    In millions of Euros, except percentages Twelve months ended December 31, Change
    2024

    IFRS

    Share-based compensation expense and related social charges Lease incentives of acquired companies 2024

    Non-IFRS

    2023

    IFRS

    Share-based compensation expense and related social charges Lease incentives of acquired companies 2023

    Non-IFRS

    IFRS Non-

    IFRS

    Cost of revenue (1,016.3) 16.2 0.5 (999.5) (971.0) 15.7 0.8 (954.4) 5% 5%
    Research and development expenses (1,286.2) 76.9 0.9 (1,208.4) (1,228.3) 94.4 1.3 (1,132.6) 5% 7%
    Marketing and sales expenses (1,704.3) 80.8 0.3 (1,623.3) (1,624.5) 73.6 0.5 (1,550.4) 5% 5%
    General and administrative expenses (470.5) 71.7 0.2 (398.7) (450.6) 62.2 0.2 (388.3) 4% 3%
    Total   € 245.6 € 1.9     € 245.8 € 2.8      

    (2) The non-IFRS percentage increase (decrease) compares non-IFRS measures for the two different periods. In the event there is non-IFRS adjustment to the relevant measure for only one of the periods under comparison, the non-IFRS increase (decrease) compares the non-IFRS measure to the relevant IFRS measure.
    (3) Based on a weighted average 1,333.4 million diluted shares for YTD 2024 and 1,336.8 million diluted shares for YTD 2023.


    1 IFRS figures for 4Q24: total revenue at €1.75 billion, operating margin of 27.6% and diluted EPS at €0.30; IFRS figures for FY24: total revenue at €6.21 billion, operating margin of 21.9% and diluted EPS at €0.90.  

    Attachment

    The MIL Network

  • MIL-OSI Australia: (WIP) Growing ESG complexity in the year ahead: what companies can expect

    Source: Allens Insights

    ESG continues to evolve 10 min read

    As stakeholder expectations on Environment, Social and Governance (ESG) issues continue to evolve, we are seeing a movement build from voluntary standards to domestic regulation. Concurrently, the opposition to ESG-related action is adding to uncertainty and complexity when it comes to legal compliance and alignment with global high watermarks.

    In this Insight, we take stock of the ESG journey and reflect on the trends to look out for in 2025 and beyond.

    Key takeaways

    • Growing uncertainty around upcoming ESG legislation is expected to raise complexity and costs for companies in achieving regulatory compliance. The shift from a more global consensus on climate and environmental commitments, ESG due diligence and reporting requirements may result in deeper fragmentation of laws across jurisdictions, presenting new challenges for companies navigating competing pro- and anti-ESG regulatory trends.
    • Companies that are revisiting their sustainability and ESG-related claims and commitments amid heightened reputational and legal exposures over ‘greenwashing’ risk will need to continue to balance accuracy and appropriateness of public commitments with the risk of being perceived as laggards by their stakeholders, including scrutiny of perceived ‘greenhushing’ or ‘greywashing’.
    • Litigation risk remains a key challenge for businesses navigating ESG obligations and evolving stakeholder expectations. Potential claims are expanding to include directors’ duties and emerging intersectional ESG issues, including nature and biodiversity, human rights and plastics. Non-judicial forums such as complaints to OECD National Contact Points are likely to remain attractive for stakeholders seeking behavioural change.
    • Regardless of whether companies and their directors elect to recalibrate their ESG policies, companies should ensure they are satisfied that their chosen course of action is in the best interests of the company, and retain evidence to support that view and regarding the reasonable grounds for key decisions.

    Who in your organisation needs to know about this?

    Boards; general counsel and legal; sustainability; regulatory and compliance; cultural heritage and communities teams; external affairs.

    A recap of 2024

    New ESG legislation, an uptick in regulatory enforcement and the rising expectations of investors and other stakeholders are elevating ESG issues to the top of boardroom agendas.

    In 2024, we saw the multi-jurisdictional trend of new ESG due diligence and reporting laws continue in places like the EU and California, adding to recent regulatory developments in Australia, the US, the UK, Canada and elsewhere. Australian companies have been responding, even if not directly in scope, as these new legal requirements flow through from customers and clients.

    Combating alleged ‘greenwashing’ and ‘bluewashing’—being claims that environmental and social disclosures are false, misleading or have no reasonable basis—has become an enforcement priority for Australia’s corporate regulators. In November 2024, the Australian Securities and Investments Commission (ASIC) confirmed greenwashing and misleading conduct involving ESG claims would remain an enforcement priority in 2025.

    Activists and strategic litigants have deployed strategies in and out of the courtroom seeking to influence corporate behaviour. While the majority of cases have commenced in the US, Australia consistently comes a close second, with cases increasingly focusing on the intersection between the environment and human rights, including the rights of First Nations peoples.

    Alongside these developments, the backlash against ESG action increased in 2024 and was a key issue during elections in the US and across the EU. In the US, laws have been passed restricting ESG-related investment decisions, which have impacted investment flows, while legal challenges have delayed the implementation of the US Securities and Exchange Commission’s climate-related financial disclosure rules. Some financial institutions and asset managers are moving away from membership of voluntary ESG commitments, such as the Net Zero Asset Managers and Net Zero Banking Alliance initiatives.1 

    Looking ahead to 2025

    Deregulation may increase uncertainty and complexity for companies

    The conversation around deregulation is already becoming more pronounced in 2025, in light of recent political developments and as ESG regulatory changes take effect.

    Upon commencing his second term in office on 20 January 2025, President Trump’s executive orders have so far included:

    • withdrawing the US from the Paris Agreement (for a second time); and
    • revoking the country’s financial commitments under the United Nations Framework Convention on Climate Change and the US International Climate Finance Plan.

    His nominations to environmental protection and corporate regulatory agencies may foreshadow a further rollback of measures on:

    • anti-pollution;
    • emissions reduction; and
    • climate-related financial disclosures.

    The wave of new executive orders has already sought to wind back the Biden Administration’s ESG policies (including those encouraging the uptake of electric vehicles).

    In the EU, the outcome of a new omnibus proposal aiming to streamline various Green Deal sustainability regulations is due to be released by 26 February 2025. It is possible the proposal will include delays in implementation, while a recently leaked European Commission strategy paper for streamlining the Commission’s regulatory processes suggests there may be a greater focus on reducing the regulatory burden for small and medium-sized companies.

    This uncertainty around upcoming ESG legislation is likely to mean increased complexity and costs for companies associated with achieving regulatory compliance. A move away from a more global consensus on ESG due diligence and reporting requirements may result in deeper fragmentation of laws across jurisdictions. Companies will continue to face challenges in navigating these pro- and anti-ESG regulations across different jurisdictions.

    At the same time, disasters such as the Los Angeles fires will keep ESG issues in the public consciousness, and deregulation is unlikely to be aligned with the evolving high watermark to which stakeholders are holding companies to account. We anticipate an increase in ESG litigation as activists continue to pursue behavioural change by governments and companies in the courts.

    ESG as a ‘dirty word’: greenhushing and greywashing

    While many companies continue to take voluntary action on ESG issues, some are revisiting their ESG commitments in light of the increasingly contested and politicised environment, as well as the heightened reputational and legal exposures associated with sustainability and ESG-related public claims and commitments.

    The paring back of existing commitments will continue to be scrutinised by regulators and civil society, and we anticipate that allegations of ‘greenhushing’ or ‘greywashing’ may develop.

    ‘Greenhushing’ refers to deliberately withholding information about sustainability goals and achievements.

    ‘Greywashing’ refers to setting strategies and policies that are too watered down, unambitious, qualified or ambiguous to result in meaningful change. 

    ASIC Chair Joe Longo has described greenhushing as ‘just another form of greenwashing’, which ‘risks misleading by omission’, referring to the annual Net Zero Report issued by South Pole which highlighted a substantial decrease in climate communications across a number of sectors.

    Companies will need to continue to balance accuracy and appropriateness of commitments while maintaining flexibility in the changing political environment, with the risk of being perceived as laggards by their stakeholders.

    The ESG litigation field expands

    Despite the mixed successes of recent ESG claims, we expect activists will continue to pursue strategic litigation to extract concessions from governments and companies and effect behavioural change.

    ESG claims have expanded beyond the traditional higher-emitting sectors. Stakeholders are looking more widely at targets and potential claims with the objective of disrupting capital flows, including scrutinising companies’ exposure through their financing activities and broader value chains. We expect that financial institutions will remain a target of stakeholder scrutiny, and that claims and complaints will continue to explore the intersection between climate change and issues such as nature and biodiversity, human rights and plastics. The use of new technologies such as AI and carbon capture and storage (or CCS) is also attracting activist scrutiny.

    In 2025, decisions from the International Court of Justice and Australian courts may clarify legal obligations related to climate change, particularly in tort law, potentially impacting future corporate liability for alleged climate change impacts.

    Non-curial avenues such as the OECD National Contact Points and UN Special Procedures are already a well-tested forum on ESG issues. Complainants are likely to be interested in exploring the recent updates to the OECD Guidelines on matters such as climate change and biodiversity. The Australian National Contact point may also be utilised by stakeholders in response to the three-year modified liability regime under the new mandatory climate-related financial reporting regime introduced from 1 January 2025, which prevents private litigation in respect of certain ‘protected statements’ for a period of time.

    International discussions will continue to influence private actors

    Despite failures by state parties to reach agreement at 2024’s UN biodiversity and plastic forums, discourse surrounding the negotiations appears to be sharpening corporate and civil society focus, including through an uptick in plastics-related litigation and campaigns. The next UN biodiversity COP taking place in Rome in February this year, and international negotiations will continue on a treaty to address the full lifecycle of plastic—from production to design and disposal.

    Another emerging focus area for companies is Indigenous Cultural and Intellectual Property (ICIP), particularly in the life sciences and mining sectors. A new treaty on genetic resources and traditional knowledge was concluded at the international level in 2024 under the auspices of the World Intellectual Property Organization (WIPO), which will require inventors to disclose the source of genetic resources and associated traditional knowledge in patent applications. After many years of diplomatic efforts by countries including Australia, this is the first multilateral treaty specifically relating to traditional knowledge, and efforts continue to protect traditional cultural expressions at the international level. It remains to be seen how this significant step at the international level will affect the discourse concerning the need for sui generis ICIP legislation in Australia.

    Subject matter trends 

    Implications of US exit from international climate change commitments and shift in domestic energy policy

    The United States’ withdrawal from the Paris Agreement introduces a new element of uncertainty for global efforts to address climate change. It remains to be seen whether the Trump Administration’s decision will leave the US as an outlier in international climate and energy policy, or if it may have a broader chilling effect on global cooperation on climate change and other emerging environmental issues.

    President of the European Commission, Ursula Von der Leyen, has already reaffirmed that ‘Europe will stay the course’ and reaffirmed the EU’s commitments to the Paris Agreement. A net zero-focused bipartisan alliance of 24 State Governors has also vowed to sustain and advance climate action in the US.  

    The new US administration has also embarked on a significant gear change in US domestic energy policy.

    • Executive orders have been effected to declare a ‘national energy emergency’.
    • This expedites the permitting of oil and gas projects (specifically in Alaska) and temporarily suspends new federal offshore wind leasing pending an environmental and economic review.
    • The US Federal Reserve has also withdrawn from the Network for Greening the Financial System—an international group of central banks, including the Reserve Bank of Australia, that analyses the economic fallout from climate change.
    • The Office of Management and Budget also ordered a temporary pause on grant funding by federal agencies for activities implicated by the new executive orders, including renewable energy and climate and atmospheric research programs. The order was subsequently rescinded after an urgent legal challenge by non-profits successfully sought an injunction.

    These changes are likely to lead to legal challenges, further adding to the uncertainties faced by businesses navigating the new energy policy environment. As the Trump Administration seeks to encourage investment in the oil and gas sectors, we also expect stakeholders to intensify their scrutiny of companies’ exposure to higher-emitting projects.

    Methane emissions

    International initiatives to reduce methane emissions have been gaining industry and national support:

    • the World Bank’s Global Flaring and Methane Reduction (GFMR) Partnership is now active in over a dozen countries and has been endorsed by 57 companies.
    • the Global Methane Pledge launched at COP26 in 2021 by the EU and US has received 159 country endorsements as of 2024, including Australia’s.

    Several countries have moved to impose stricter regulations on methane emissions. In May 2024, the EU introduced its Methane Regulation requiring increased monitoring, detection and reduction of methane emissions. Additional import restrictions will extend to gas imported into the Eurozone from 2027. In November 2024, the United States Environmental Protection Agency announced new regulations on the emission of methane from crude-oil and natural gas facilities.

    New and expanded gas projects (and related infrastructure and supply chains) remain a focus of campaigning and shareholder activism on fugitive methane emissions by organisations such as Market Forces.

    Biodiversity and nature

    Countries are moving to implement their national commitments under the Kunming-Montreal Global Biodiversity Framework.

    • Australia’s Nature Repair Market is set to open for business in 2025, operating in a similar fashion to the existing carbon market, to incentivise projects to protect and restore the environment through biodiversity credits.
    • The EU’s Regulation on Nature Restoration entered into force in August 2024, and the Canadian Government has moved to legislate a Nature Accountability Bill as part of its 2030 Nature Strategy released in June 2024.
    • However, the future of the Canadian bill is now uncertain due to the suspension of all parliamentary business after Parliament was prorogued on 6 January 2025 following the resignation of Prime Minister Justin Trudeau. While Canada’s next general election is scheduled for 20 October 2025, opposition parties have foreshadowed a no-confidence motion when the next parliamentary session resumes on 24 March which, if successful, may trigger an early vote.

    Several jurisdictions are also moving to address deforestation in supply chains, with measures including import restrictions and due diligence requirements.

    • The EU’s Regulation on Deforestation-free Products will enter into effect from 30 December 2025 and require certain commodities and derived products to be ‘deforestation-free’ if placed, made available on or exported through the EU common market.

    The UK is also developing its own Forest Risk Commodity Regulation,2 which would also impose commodity-based restrictions and due diligence requirements.

    Plastics pollution and the circular economy

    A growing number of jurisdictions are introducing restrictions on plastic products, including single-use and microplastics.

    • The EU’s Single Use Plastic Directive came into force in 2024, and the European Commission has proposed additional measures to prevent the unintentional release of plastic pellets.
    • In the US, the State of California has commenced proceedings against Exxon Mobil and PepsiCo Inc in relation to allegedly misleading the public regarding plastics pollution.
    • In Australia, the ACCC commenced enforcement proceedings against Clorox Australia Pty Ltd in April 2024 for alleged greenwashing over claims relating to its ‘GLAD’ plastic bag products.
    The right to water

    From the Murray-Darling Basin to the Great Barrier Reef and beyond, we expect to see preservation of, and access to, water resources increase in priority for stakeholders as an issue that crosses geographical and jurisdictional boundaries.

    Access to water and sanitation is recognised as a fundamental human right by the UN General Assembly, and stakeholders are raising issues around water security, water quality, contamination by microplastics and Per- and Polyfluoroalkyl Substances (PFAS) chemicals, access to water resources for agriculture, and ensuring First Nations peoples’ interests and connection to water are taken into account.

    Modern slavery reporting reforms

    In December 2024, the federal Attorney-General’s Department (AGD) published the Government’s response to the 2023 statutory review of the Modern Slavery Act 2018 (Cth) (MSA). The response follows the appointment of Australia’s first national Anti-Slavery Commissioner, who is expected to lead in the implementation of modern slavery reporting reforms.

    The Government has agreed (in full, in part, or in principle) to 25 of the 30 recommendations from the review, including the need to strengthen the compliance and enforcement framework under the MSA. The Government agreed in principle to the introduction of a penalty regime—details are not yet available, but the Government is expected to consult with stakeholders in 2025.

    One issue that remains unresolved is the status of proposals for mandatory human rights due diligence (HRDD) by reporting entities under the MSA. The Government has ‘noted’ the recommendation to introduce HRDD; however, it has indicated that the AGD will engage with stakeholders on HRDD as part of the next stage of implementation.

    The introduction of mandatory HRDD would align Australia with a number of jurisdictions that have introduced supply chain due diligence requirements, most notably the EU’s Corporate Sustainability Due Diligence Directive adopted by the European Parliament in 2024. The Canadian Government has proposed new supply chain due diligence legislation, while a parliamentary review of the UK’s modern slavery legislation has recommended the introduction of due diligence obligations.

    The timeline for legislative amendments to the MSA may be complicated by the federal election, which is due to occur before 17 May 2025.

    Navigating AI in the employment context

    As AI technologies advance, companies will need to navigate the social issues raised due to the use of AI in the workplace.

    Already, we are seeing increasing use of AI in hiring practices such as the screening of job applications. Based on how the algorithm was trained, AI can perpetuate biases, potentially leading to harmful or discriminatory outputs for individuals, groups or communities and arguably resulting in adverse human rights impacts.

    In the US, we are seeing court cases alleging unlawful discrimination where AI tools have been used for hiring, insurance claims and rental applications.3 We anticipate Australian businesses may face similar claims if AI is used without accounting for the risk of inherent bias.

    The rate of change brought by advancements in AI technology is not only front of mind for employers, but also for employees concerned about its implications. In October 2024, it was reported that Cbus and its employees had agreed to a first-of-its-kind enterprise agreement dealing with protections for employees if or when the super fund introduces AI technologies. The agreement contains an agreed definition of AI, and provides that Cbus must consult with staff on any changes that impact them in relation to AI.

    Rights of First Nations peoples

    In 2025, the Joint Standing Committee on Aboriginal and Torres Strait Islander Affairs is set to continue its inquiry into the Truth and Justice Commission Bill 2024. The Bill seeks to establish a Commission to make recommendations to Parliament on historic and ongoing injustices against First Nations Australians. The Australian Law Reform Commission is also taking submissions as part of its review of the ‘future acts’ regime in the Native Title Act 1993 (Cth), with a final report to be delivered by December 2025. For more, see our Insight.

    There are increasing demands on industry to consult First Nations stakeholders in their decision-making and operations, and to engage in benefit-sharing with Traditional Owners, with an emerging focus on the clean energy sector. The First Nations Clean Energy Network has published Best Practices Principles to help First Nations communities in Australia to share in the benefits of renewable energy projects, including calling for Free, Prior, and Informed Consent (FPIC) standards to apply throughout the lifecycle of projects.

    We expect that international, ‘soft law’ standards will continue to evolve. For example, the International Council of Mining and Metals (ICMM) recently updated its Indigenous Peoples and Mining Position Statement to emphasise the responsibility of mining companies to achieve FPIC through meaningful engagement and good faith negotiation with Traditional Owners. Although the new standard goes beyond the current position in the Native Title Act and many cultural heritage laws in Australia, it is possible it will become a benchmark for mining companies in Australia—see our Insight.

    Addressing misconduct impacting First Nations peoples also remains an enforcement priority for ASIC.

    Diversity and inclusion

    Diversity, equity and inclusion policies and initiatives have also become the subject of backlash in the United States through three executive orders signed by President Trump, with one executive order foreshadowing regulatory action to ‘encourage’ private sector employers to dismantle diversity programs that have been based on federal anti-discrimination law.

    This backlash has already placed diversity on the political agenda in Australia, and the discussion around diversity policies and initiatives is likely to increase in the lead-up to the federal election this year.

    Company culture and governance issues in the spotlight

    Corporate culture is an ongoing boardroom issue and recent examples underscore the importance of accountability, transparency and strong and ethical corporate governance.

    • Cultural concerns: in the wake of federal Respect@Work reforms, a number of prominent Australian brands have been in the spotlight regarding whistleblower complaints on cultural issues. Widespread media reporting has led some companies to launch internal investigations to respond to shareholder concern and address reputational damage in the community.
    • Regulatory scrutiny: in addition to reputational damage, there is also now a real prospect of scrutiny from regulators in relation to corporate cultural issues. In its updated enforcement priorities announced on 14 November 2024, ASIC reaffirmed its commitment to addressing governance and directors’ duties failures as an enduring enforcement priority for 2025. As an example, ASIC commenced proceedings against Regional Express Holdings Limited and several of its directors for engaging in misleading and deceptive conduct and for contraventions of continuous disclosure obligations in relation to ASX announcements about the company’s financial position prior to entering into voluntary administration in July 2024.
    Navigating complexities in AI and ESG reporting

    As ESG reporting obligations expand in Australia and overseas, AI will become an increasingly attractive tool for companies seeking to reduce the time needed for data gathering and drafting.

    However, the use of AI may also present legal, regulatory and reputational risk:

    • Environmental impacts associated with the training and use of AI models. This includes increased demand for electricity consumption; the water footprint associated with training and maintaining AI models; and electronic waste generation.
    • Susceptibility to bias, which may result in errors that could lead to misleading statements or discriminatory outputs.
    • Privacy concerns from the use of sensitive or personal information without consent. Privacy law reforms introduced in late 2024 require companies to disclose when they will be using AI automated decision-making (see our Insight).
    • Human rights implications such as discrimination or potential harm to vulnerable groups such as children or workers in the AI supply chain.
    • Regulatory scrutiny on the use of AI, as indicated by the increased regulatory guidance available to companies, including Australia’s new Voluntary AI Safety Standard, the European Parliament’s AI regulations, and ASIC’s report on ‘Governance arrangements in the face of AI innovation’.

    Actions you can take now

    • Regardless of whether ESG policies are recalibrated in light of growing uncertainty around legislative frameworks and the anti-ESG backlash, companies and directors should ensure they are satisfied that their chosen course of action is in the best interests of the company, and gather evidence to support that view.
    • The influence of new legislation is being felt on companies even where not directly in scope. Consider adopting a higher water mark approach appropriate to the company’s risk profile and appetite to future proof against evolving stakeholder expectations and regulatory requirements.
    • Understand the scope of the company’s voluntary commitments and what these entail, including in international law.
    • When refreshing policies and procedures, look at these through the lens of emerging areas of focus. Consider if your policies fit for purpose and reflect emerging risk areas.
    • Consider the role of legal—privilege can be a useful tool where appropriate, given the regulatory and risk environment.

    MIL OSI News

  • MIL-Evening Report: Around 3% of us will develop a brain aneurysm in our lives. So what is it and how do you treat it?

    Source: The Conversation (Au and NZ) – By Theresa Larkin, Associate Professor of Medical Sciences, University of Wollongong

    Elif Bayraktar/Shutterstock

    Australian radio host Kyle Sandilands announced on air yesterday that he has a brain aneurysm and needs urgent brain surgery.

    Typically an aneurysm occurs when a part of the wall of an artery (a type of blood vessel) becomes stretched and bulges out.

    You can get an aneurysm in any blood vessel, but they are most common in the brain’s arteries and the aorta, the large artery that leaves the heart.

    Many people can have a brain aneurysm and never know. But a brain (or aortic) aneurysm that ruptures and bursts can be fatal.

    So, what causes a brain aneurysm? And what’s the risk of rupture?

    Weakness in the artery wall

    Our arteries need strong walls because blood is constantly pumped through them and pushed against the walls.

    An aneurysm can develop if there is a weak part of an artery wall.

    The walls of arteries are made of three layers: an inner lining of cells, a middle layer of muscle and elastic fibres, and a tough outer layer of mostly collagen (a type of protein). Damage to any of these layers causes the wall to become thin and stretched. It can then balloon outward, leading to an aneurysm.

    Genetics and certain inherited disorders can cause weak artery walls and brain aneurysms in some people.

    For all of us, our artery walls become weaker as we age, and brain aneurysms are more common as we get older. The average age for a brain aneurysm to be detected is 50 (Sandilands is 53).

    Females have a higher risk of brain aneurysm than males after about age 50. Declining oestrogen around menopause reduces the collagen in the artery wall, causing it to become weaker.

    An illustration showing a brain aneurysm.
    A brain aneurysm occurs when a part of the wall of an artery balloons out.
    Alfmaler/Shutterstock

    High blood pressure can increase the risk of a brain aneurysm. In someone with high blood pressure, blood inside the arteries is pushed against the walls with greater force. This can stretch and weaken the artery walls.

    Another common condition called atherosclerosis can also cause brain aneurysms. In atherosclerosis, plaques made mostly of fat build up in arteries and stick to the artery walls. This directly damages the cell lining, and weakens the muscle and elastic fibres in the middle layer of the artery wall.

    Several lifestyle factors increase risk

    Anything that increases inflammation or causes atherosclerosis or high blood pressure in turn increases your risk of a brain aneurysm.

    Smoking and heavy drinking affect all of these, and nicotine directly damages the artery wall.

    Sandilands mentioned his cocaine use in discussing his diagnosis. He said:

    The facts are, a life of cocaine abuse and partying are not the way to go.

    Indeed, cocaine abuse increases the risk of a brain aneurysm. It causes very high blood pressure because it causes arteries to spasm and constrict. Cocaine use is also linked to worse outcomes if a brain aneurysm ruptures.

    Stress and a high-fat diet also increase inflammation. High cholesterol can also cause atherosclerosis. And being overweight increases your blood pressure.

    A study of more than 60,000 people found smoking and high blood pressure were the strongest risk factors for a brain aneurysm.

    Is it always a medical emergency?

    About three in 100 people will have a brain aneurysm, varying in size from less than 5mm to more than 25mm in diameter. The majority are only discovered while undergoing imaging for something else (for example, head trauma), because small aneurysms may not cause any symptoms.

    Larger aneurysms can cause symptoms because they can press against brain tissues and nerves.

    Sandilands described “a lot of headache problems” leading up to his diagnosis. Headaches can be due to minor leaks of blood from the aneurysm. They indicate a risk of the aneurysm rupturing in subsequent days or weeks.

    Less than one in 100 brain aneurysms will rupture, often called a “brain bleed”. This causes a subarachnoid haemorrhage, which is a type of stroke.

    If it does occur, rupture of a brain aneurysm is life-threatening: nearly one in four people will die within 24 hours, and one in two within three months.

    If someone’s brain aneurysm ruptures, they usually experience a sudden, severe headache, often described as a “thunderclap headache”. They may also have other symptoms of a stroke such as changes in vision, loss of movement, nausea, vomiting and loss of consciousness.

    Surgeons performing brain surgery under lights.
    Surgery can repair a brain aneurysm, and stop it from rupturing.
    Roman Zaiets/Shutterstock

    Surgery can prevent a rupture

    Whether surgery will be used to treat a brain aneurysm depends on its size and location, as well as the age and health of the patient. The medical team will balance the potential benefits with the risks of the surgery.

    A small aneurysm with low risk of rupture will usually just be monitored.

    However, once a brain aneurysm reaches 7mm or more, surgery is generally needed.

    In surgery to repair a brain aneurysm, the surgeon will temporarily remove a small part of the skull, then cut through the coverings of the brain to place a tiny metal clip to close off the bulging part of the aneurysm.

    Another option is endovascular (meaning within the vessel) coiling. A surgeon can pass a catheter into the femoral artery in the thigh, through the aorta to the brain. They can then place a coil inside the aneurysm which forms a clot to close off the aneurysm sac.

    After either surgery, usually the person will stay in hospital for up to a week. It can take 6–8 weeks for full recovery, though doctors may continue monitoring with annual imaging tests for a few years afterwards.

    You can lower your risk of a brain aneurysm by not smoking, moderating alcohol intake, eating a healthy diet, exercising regularly and maintaining a healthy weight.

    The Conversation

    The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    ref. Around 3% of us will develop a brain aneurysm in our lives. So what is it and how do you treat it? – https://theconversation.com/around-3-of-us-will-develop-a-brain-aneurysm-in-our-lives-so-what-is-it-and-how-do-you-treat-it-248882

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Global: Peatlands and mangroves: Southeast Asian countries must protect these major carbon pools to boost climate ambitions

    Source: The Conversation – Indonesia – By Sigit Sasmito, Senior Research Officer, James Cook University

    Peat swamp in Danau Sentarum National Park, West Kalimantan. (Bramanthya Fathi Makarim/Shutterstock)

    Protecting and restoring peatlands and mangroves can strengthen Southeast Asian countries’ efforts to combat climate change, according to new findings from an international team of researchers.

    Carbon-dense peatlands and mangroves comprise only 5% of Southeast Asia’s surface. Protecting and restoring them, however, can reduce approximately 770±97 megatonnes of CO2 equivalent (MtCO2e) annually. This is equal to more than half of the carbon emissions from land use in the region.

    Conserving offers larger mitigation potential through reduced emissions from ecosystem loss in the region compared to gains from restoration. If optimally implemented, restoration can still play an important role in nature-based carbon sequestration.

    Having peatlands and mangroves included in the new climate pledges (Nationally Determined Contributions 3.0) can help countries set higher emissions reduction targets for 2030 and 2035.

    More benefits to offer

    The study reports extensive climate benefits from conserving and restoring peatlands and mangroves. Therefore, they make effective natural climate solutions for Southeast Asian countries.

    Both ecosystems protect organic matter from decay under natural conditions, acting as net carbon sinks. This means that carbon uptake exceeds carbon loss.

    Net carbon gains are mainly accumulated in their soils instead of their vegetation. More than 90% of carbon stocks in peatlands and 78% in mangroves are in their soils.

    At scale, protecting and restoring both types of wetlands also supports other valuable co-benefits. These include biodiversity preservation, water quality improvement, coastal protection, food security and rural development for millions of coastal people across Southeast Asian countries.

    Challenges remain

    Despite the benefits, many challenges and risks persist in conserving and restoring peatlands and mangroves.

    When peatlands and mangroves are disturbed – commonly due to land use change – they release large quantities of carbon into the atmosphere. This release can later exacerbate climate change.

    The new estimates suggest that changes in their land use for the past two decades (2001-2022) had caused the release of approximately 691±97 MtCO2e of excess emissions.

    Indonesia accounts for the largest portion of the region’s emissions, accounting for 73%. Malaysia (14%), Myanmar (7%), and Vietnam (2%) follow. The other seven Southeast Asian countries generate the remaining 4% of emissions.

    In Southeast Asia, mangroves and peatlands are often treated as unproductive land. Still, they have long been subject to agricultural land expansion planning.

    Moreover, unclear or multi-land ownership and lack of long-term participatory monitoring programs are critical challenges for prioritising and implementing restoration on the ground.

    Despite these challenges, government and corporate interest in developing conservation and restoration-based carbon projects for peatlands and mangroves is rapidly increasing.

    That is why now is a good opportunity to recognise their vital roles — not only for climate change mitigation — but also for people and nature.

    Implications for national emissions reduction targets

    The new study addresses a critical gap in climate policy for Southeast Asian by providing annual climate change mitigation potentials from peatlands and mangroves.

    Climate mitigation potential for national land-use emissions varies widely between countries.

    The findings suggest that it could reduce national land-use emissions by up to 88% in Malaysia, 64% in Indonesia, and 60% in Brunei. Other countries include Myanmar at 39%, the Philippines at 26%, Cambodia at 18%, Vietnam at 13%, Thailand at 10%, Laos at 9%, Singapore at 2%, and Timor-Leste at 0.04%.

    Our study also shows that mitigation potential from peatlands and mangroves in Indonesia can fulfil country Forestry and Other Land-use (FOLU) Net Sink targets by 2030.

    In its 2022 NDCs, Indonesia plans to reduce its annual emissions from FOLU by 2030 between 500-729 MtCO2e, depending on the level of external support. According to the study, this figure is within the same order of mitigation potential as peatlands and mangroves can collectively generate.

    However, peatland and mangrove mitigation potentials are insufficient to avoid dangerous levels of climate change in the future.

    Decarbonisation remains the most effective means of curbing climate change and its impacts, with peatland and mangrove protection enhancing these efforts.

    Susan Elizabeth Page menerima dana dari University of Leicester, UK.

    Dan Friess, David Taylor, Massimo Lupascu, Pierre Taillardat, Sigit Sasmito, dan Wahyu Catur Adinugroho tidak bekerja, menjadi konsultan, memiliki saham, atau menerima dana dari perusahaan atau organisasi mana pun yang akan mengambil untung dari artikel ini, dan telah mengungkapkan bahwa ia tidak memiliki afiliasi selain yang telah disebut di atas.

    ref. Peatlands and mangroves: Southeast Asian countries must protect these major carbon pools to boost climate ambitions – https://theconversation.com/peatlands-and-mangroves-southeast-asian-countries-must-protect-these-major-carbon-pools-to-boost-climate-ambitions-247570

    MIL OSI – Global Reports

  • MIL-OSI China: Shenzhou-19 astronauts share details of work and life in space

    Source: China State Council Information Office 2

    This undated video grab shows Shenzhou-19 astronauts sending their Spring Festival greetings from China’s Tiangong space station. (Xinhua)
    As China’s Shenzhou-19 mission reaches its halfway, the three astronauts aboard the Tiangong space station, orbiting 400 kilometers above Earth, have shared their experiences during the Spring Festival, offering a glimpse into their unique lives in space.
    SCIENTIFIC BREAKTHROUGHS AND SPACEWALKS
    The crew commander Cai Xuzhe, who returned to the space station after about two years, described the feeling as “warm and familiar” in a video released on China’s CCTV on Thursday.
    This is Cai’s second time working and living in China’s space station, but his first time celebrating the Spring Festival there. In 2022, he spent six months in space during the Shenzhou-14 mission.
    The Shenzhou-19 astronauts entered the space station on Oct. 30, 2024. According to Cai, over the past three months, the crew has completed a series of tasks, including the handover with the Shenzhou-18 crew, routine maintenance of the space station, and two spacewalks.
    These extravehicular activities (EVAs), commonly known as spacewalks, are essential for repairs, experiments, and testing equipment outside the station.
    Cai emphasized the importance of their training, including system-wide emergency pressure drills and medical rescue exercises.
    “These exercises have significantly improved our ability to handle unexpected situations, allowing us to work more efficiently and safely,” he said.
    Supported by ground teams, the astronauts have also advanced scientific experiments, such as cutting-edge research on human brain organoids and new material exposure tests in the harsh environment of space.
    “We are steadily progressing with our scientific missions, focusing on space life science, microgravity physics, space material science, and aerospace medicine,” Cai noted.
    Song Lingdong, who participated in two spacewalks, shared his awe-inspiring experience.
    “Before my first EVA, I imagined what it would be like, but nothing prepared me for the moment I opened the hatch and saw Earth. It was breathtaking,” he recalled. “Climbing on the module walls, I felt as if I was walking on clouds.”
    “I was mesmerized by the beauty of space, but at the same time, I felt the weight of our mission,” he added.
    Their first nine-hour spacewalk proved China’s new-generation spacesuits to be both safe and effective, according to Song.
    Addressing public curiosity, Song explained how astronauts stay energized during long EVAs. “We eat high-calorie meals beforehand and drink functional beverages during the task. We highly concentrate on the tasks and don’t feel hungry,” he said.
    FAMILY, SPACE, GYM AND PRIDE
    Life aboard the space station is not all work. During the Spring Festival, the crew took time to rest, call their families, and capture stunning photos of Earth and space.
    “We sent New Year greetings from space and recorded videos to cherish these moments,” said Song, who plans to document his experiences for his children.
    Wang Haoze, China’s first female space engineer working in the space station, expressed pride in China’s space achievements, marveling at the sophisticated systems of their “space home.”
    Despite the busy schedule, the astronauts find joy in simple activities. “We float freely like ‘sky flyers,’ lift heavy objects effortlessly, interact with our AI assistant, and even grow vegetables and raise fruit flies,” Wang said.
    Wang enjoys writing space diaries. Her favorite pastime, however, is gazing at Earth through the porthole, admiring Earth’s landscapes, from vast oceans to majestic mountains.
    “Seeing our homeland from space fills me with excitement, pride, and longing,” said Wang.
    To combat the effects of weightlessness, the crew followed a strict exercise regimen using specialized equipment like the space treadmill, stationary bike and resistance devices.
    “These exercises keep our bones, muscles and hearts healthy. And with balanced meals, we feel strong and energized,” Wang explained.
    The crew also finds time to bond over meals, share humor, and maintain their spirits.
    As they celebrated three months in orbit during the Spring Festival, Wang sent a heartfelt message: “May our nation thrive, and may we achieve new heights together, from space to Earth.”
    This is the third Spring Festival since the full completion of the Chinese space station. Nine crew members from Shenzhou-15, Shenzhou-17 and Shenzhou-19 have welcomed the New Year and the Spring Festival in space.

    MIL OSI China News

  • MIL-Evening Report: Do big tech companies have a ‘duty of care’ for users? A new report says they do – but leaves out key details

    Source: The Conversation (Au and NZ) – By Lisa M. Given, Professor of Information Sciences & Director, Social Change Enabling Impact Platform, RMIT University

    PV Productions/Shutterstock

    Large social media companies should have to proactively remove harmful content from their platforms, undergo regular “risk assessments” and face hefty fines if they don’t comply, according to an independent review of online safety laws in Australia.

    The federal government will today release the final report of the review conducted by experienced public servant Delia Rickard, more than three months after receiving it.

    The review comes a few months after Meta announced it will stop using independent fact checkers to moderate content on Facebook, Instagram and Threads.

    Rickard’s review contains 67 recommendations in total. If implemented, they would go a long way to making Australians safer from abusive content, cyberbullying and other potential harms encountered online. They would also align Australia to international jurisdictions and address many of the same problems targeted by the social media ban for young people.

    However, the recommendations contain serious omissions. And with a federal election looming, the review is not likely to be acted upon until the next term of government.

    Addressing online harms at the source

    The review recommends imposing a “digital duty of care” on large social media companies.

    The federal government has already committed to doing this. However, legislation to implement a digital duty of care has been on hold since November, with discussions overshadowed by the government’s social media ban for under 16s.

    The digital duty of care would put the onus on tech companies to proactively address a range of specific harms on their platforms, such as child sexual exploitation and attacks based on gender, race or religion.

    It would also provide several protections for Australians, including “easily accessible, simple and user-friendly” pathways to complain about harmful content. And it would position Australia alongside the United Kingdom and the European Union, which already have similar laws in place.

    Online service providers would face civil penalties of 5% of global annual turnover or A$50 million (whichever is greater) for non-compliance with the duty of care.

    Two new classes of harm – and expanded powers for the regulator

    The recommendations also call for a decoupling of the Online Safety Act from the National Classification Scheme. That latter scheme legislates the classification of publications, films and computer games, providing ratings to guide consumers to make informed choices for selecting age-appropriate content.

    This shift would create two new classes of harm: content that is “illegal and seriously harmful” and “legal but may be harmful”. This includes material dealing with “harmful practices” such as eating disorders and self-harm.

    The review’s recommendations also include provisions for technology companies to undergo annual “risk assessments” and publish an annual “transparency report”.

    The review also recommends adults experiencing cyber abuse, and children who are cyberbullied online, should wait only 24 hours following a complaint before the eSafety Commission orders a social media platform to remove the content in question. This is down from 48 hours.

    It also recommends lowering the threshold for identifying “menacing, harassing, or seriously offensive” material to that which “an ordinary reasonable person” would conclude is likely to have an effect.

    The review also calls for a new governance model for the eSafety Commission. This new model would empower the eSafety Commissioner to create and enforce “mandatory rules” (or codes) for duty of care compliance, including addressing online harms.

    The need to tackle misinformation and disinformation

    The recommendations are a step towards making the online world safer for everybody. Importantly, they would achieve this without the problems associated with the government’s social media ban for young people – including that it could violate children’s human rights.

    Missing from the recommendations, however, is any mention of potential harms from online misinformation and disinformation.

    Given the speed of online information sharing, and the potential for artificial intelligence (AI) tools to enable online harms, such as deepfake pornography, this is a crucial omission.

    From vaccine safety to election campaigns, experts have raised ongoing concerns about the need to combat misinformation.

    A 2024 report by the International Panel on the Information Environment found experts, globally, are most worried about “threats to the information environment posed by the owners of social media platforms”.

    In January 2025, the Canadian Medical Association released a report showing people are increasingly seeking advice from “problematic sources”. At the same time technology companies are “blocking trusted news” and “profiting” from “pushing misinformation” on their platforms.

    In Australia, the government’s proposed misinformation bill was scrapped in November last year due to concerns over potential censorship. But this has left people vulnerable to false information shared online in the lead-up to the federal election this year. As the Australian Institute of International Affairs said last month:

    misinformation has increasingly permeated the public discourse and digital media in Australia.

    An ongoing need for education and support

    The recommendations also fail to provide guidance on further educational supports for navigating online spaces safely in the review.

    The eSafety Commission currently provides many tools and resources for young people, parents, educators, and other Australians to support online safety. But it’s unclear if the change to a governance model for the commission to enact duty of care provisions would change this educational and support role.

    The recommendations do highlight the need for “simple messaging” for people experiencing harm online to make complaints. But there is an ongoing need for educational strategies for people of all ages to prevent harm from occurring.

    The Albanese government says it will respond to the review in due course. With a federal election only months away, it seems unlikely the recommendations will be acted on this term.

    Whichever government is elected, it should prioritise guidance on educational supports and misinformation, along with adopting the review’s recommendations. Together, this would go a long way to keeping everyone safe online.

    Lisa M. Given receives funding from the Australian Research Council. She is a Fellow of the Academy of the Social Sciences in Australia and the Association for Information Science and Technology, and an Affiliate of the International Panel on the Information Environment.

    ref. Do big tech companies have a ‘duty of care’ for users? A new report says they do – but leaves out key details – https://theconversation.com/do-big-tech-companies-have-a-duty-of-care-for-users-a-new-report-says-they-do-but-leaves-out-key-details-248995

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI USA: Senator Markey Introduces Amendment to Keep DOGE Team from Accessing Critical Treasury Payment Systems

    US Senate News:

    Source: United States Senator for Massachusetts Ed Markey

    Washington (February 3, 2025) – Senator Edward J. Markey, a member of the Commerce, Science, and Transportation Committee, today filed an amendment to the Transparency in Charges for Key Events Ticketing (TICKET) Act, which the Senate Commerce, Science, and Transportation Committee is marking up on Wednesday, February 5. The amendment would make it a violation of the Federal Trade Commission (FTC) Act for an individual to gain unauthorized access to the central payment systems at the Treasury Department. Last week, Elon Musk’s personnel from the Department of Government Efficiency (DOGE) gained access to the Treasury Department’s central payment system, which disburses trillions of dollars in congressionally approved funds each year, including Social Security and Medicare benefits.

    “By demanding access to critical payment systems at the Treasury Department, Elon Musk and his team of government arsonists are threatening everything from payments for our troops to Medicare and Social Security payments,” said Senator Edward J. Markey. “This access creates serious privacy and cybersecurity risks and could even enable Musk to give his companies an unfair competitive advantage. It’s outrageous and dangerous. I hope my colleagues can come together and support this commonsense amendment to limit this access and safeguard our essential financial infrastructure.”

    MIL OSI USA News

  • MIL-OSI Russia: MIL Analysis – Five best articles in Russian for 03.02.2025

    MIL Analysis : Here are the top five Russian language articles published today. The analysis consists of five articles that are prioritized at the moment.

    As a result of today’s analysis, the Moscow Exchange provides us with its opportunities and results. Education is evolving, increasing attention to the personalities of students, and utilizing new modern learning technologies.

    Dmitry Chernyshenko met with volunteers in Anapa to discuss the latest news on emergencies on the coast. The social sphere is actively involved.

    Below you can read one of the articles.

    1. Financial news: Moscow Exchange has entered the top of the NRA ESG ranking.

    Moscow Exchange has been included in the updated ESG ranking of Russian financial organizations compiled by the National Rating Agency (NRA). The Exchange was included in the first, highest group of the ranking in terms of the degree of implementation of sustainability principles in its strategic and operational activities.

    2. Financial news: Moscow Exchange is the winner of the Project of the Year 2024 contest.

    Moscow Exchange won the “Project of the Year – 2024” contest organized by the Global CIO community. The aim of the competition is to develop the competencies of the professional community and broadcast the best practices in the field of digitalization.

    3. Polytechnic held an advanced training course on “RISC-V Ecosystem”

    At the end of January, the Higher School of Electronics and Microsystems Engineering of the Institute of Electronics and Telecommunications of SPbPU held a unique advanced training course on “RISC-V ecosystem: development and system programming”.

    The course was devoted to the development of hardware and software for modern extensible open instruction systems and RISC-V processor architectures, which are widely used in rapidly developing areas of information technology, including the Internet of Things and artificial intelligence.

    4. Polytechnic students reached the semifinals of the XI All-Russian Engineering Competition.

    The qualifying stage of the XI All-Russian Engineering Competition has been completed. Experts evaluated over 12,000 projects and scientific research. 751 graduates from universities from all over the country, including SPbPU, reached the semi-finals. The All-Russian Engineering Competition is an annual intellectual competition that has been held since 2014. It is organized by the Ministry of Science and Higher Education of the Russian Federation. The contest operator is the National Research Nuclear University MEPhI.

    5. Dmitry Chernyshenko met in Anapa with volunteers involved in emergency response on the coast.

    Deputy Prime Minister Dmitry Chernyshenko met with representatives of the united volunteer headquarters #WeWeMeet, who are cleaning the Black Sea coast from fuel oil, on the shore of Anapa. During the meeting the volunteers shared their experience and results of their work.

    The meeting was also attended by the head of the Federal Agency for Youth Affairs (Rosmolodezh), Grigory Gurov, and the governor of the Krasnodar Region, Veniamin Kondratiev.

    Learn more about MIL’s content and data services by visiting milnz.co.nz.

    Regards MIL!

    MIL OSI Russia News

  • MIL-OSI New Zealand: Universities – Public lecture: Global famine after nuclear war – Vic

    Source: Victoria University of Wellington – Te Herenga Waka

    US climate scientist Professor Alan Robock will deliver a public lecture on 10 February 2025 about the environmental and human impacts of a nuclear winter.

    Professor Robock is a distinguished professor of climate science in the Department of Environmental Sciences at Rutgers University in New Jersey, and an expert in climate change, geoengineering, and the climatic effects of nuclear war. (ref. https://people.envsci.rutgers.edu/robock/ )

    The lecture will explore the devastating effects of nuclear conflict, and propose policy changes that could reduce the risk of nuclear war and lead to the abolition of nuclear weapons.

    Lecture details

    5.30–7 pm, Monday 10 February

    Lecture Theatre 2

    Rutherford House

    33 Bunny Street

    Pipitea, Wellington.

    MIL OSI New Zealand News

  • MIL-OSI USA News: Career and Technical Education Month, 2025

    Source: The White House

    Hardworking Americans are the backbone of our great Nation.  Our workforce is the best in the world, and my Administration is dedicated to giving our students and workers the tools they need to succeed in a time where emerging technologies are advancing at an unprecedented pace.  During Career and Technical Education Month, we reaffirm our belief in excellence by putting America first and investing in the best training and retraining opportunities that will result in a stronger workforce and a booming economy.

         Under my leadership, America will once again champion a culture where hard work is rewarded and equip our people with real skills for real careers that our communities are in desperate need to fill.  During my first term, I proudly signed the Strengthening Career and Technical Education for the 21st Century Act, which provided millions of students with excellent vocational opportunities.  And we saw unparalleled growth and economic development, empowering students and workers to undertake new high-wage careers, especially in science, technology, and engineering.  We will make technology work for Americans, not Americans for technology.

         America is well-positioned at the forefront of innovation and entrepreneurship, and our history of ingenuity and grit is unrivaled.  Over the next 4 years, we will rebuild our economy, raise wages, and strengthen families.  My Administration will invest in the next generation and expand access to high-quality career and technical education for all Americans.  We will unleash the enormous potential of the American people and provide students and workers with the necessary skills training to ensure that our Nation dominates the 21st century.

         This February, we celebrate our incredible workers who are making America bigger, better, and more beautiful than ever before.  By offering more alternatives to higher education, we will train college-aged kids in relevant skills for the 21st century economy.  We will put America first, invest in our people, and lead the world into a new golden age.

         NOW, THEREFORE, I, DONALD J. TRUMP, President of the United States of America, by virtue of the authority vested in me by the Constitution and the laws of the United States, do hereby proclaim February 2025 as Career and Technical Education Month.
         IN WITNESS WHEREOF, I have hereunto set my hand this
    third day of February, in the year of our Lord two thousand twenty-five, and of the Independence of the United States of America the two hundred and forty-ninth.

    MIL OSI USA News

  • MIL-OSI United Kingdom: World-leading AI trial to tackle breast cancer launched

    Source: United Kingdom – Executive Government & Departments

    Nearly 700,000 women across the country will take part in a world-leading trial to test how AI tools can be used to catch breast cancer cases earlier.

    • Cutting-edge AI trial to transform cancer care, helping radiologists catch breast cancer earlier 
    • Trial announced this World Cancer Day, as government launches ‘call for evidence’ to shape new plan to cut lives lost to cancer 
    • Plan for Change will put UK on the front foot, unleashing AI to drive up health services and shift NHS from analogue to digital as part of 10 Year Health Plan

    Nearly 700,000 women across the country will take part in a world-leading trial to test how cutting-edge AI tools can be used to catch breast cancer cases earlier, the Department of Health and Social Care announced today (4th February 2025). 

    As government ramps up the use of new technology across the board, 30 testing sites across the country will be enhanced with the latest digital AI technologies, ready to invite women already booked in for routine screenings on the NHS to take part. The technology will assist radiologists, screening patients to identify changes in breast tissue that show possible signs of cancer and referred for further investigations if required. 

    Currently two specialists are needed per mammogram screening. This technology enables just one to complete the same mammogram screening process safely and efficiently. If the trial is successful, it could free up hundreds of radiologists and other specialists across the country to see more patients, tackle rising cancer rates, save more lives and cut waiting lists. 

    The EDITH trial (‘Early Detection using Information Technology in Health’) is backed by £11 million of government support via the National Institute for Health and Care Research (NIHR). It is the latest example of how British scientists are transforming cancer care, building on the promising potential of cutting-edge innovations to tackle one of the UK’s biggest killers. 

    Breast cancer is the most common type of cancer in women, with around 55,000 people being diagnosed with the disease every year. Currently, women between the ages of 50 and 71 are invited to be screened every three years to help detect cases. This equates to around 2.1 million breast cancer screens carried out by the programme annually, helping to prevent around 1,300 deaths. 

    The launch of the trial comes as cancer experts, people living with cancer, and medical professionals are invited to help shape the development of a new National Cancer Plan via the launch of a call for evidence, being announced later today by the Health and Social Care Secretary at an event hosted by Macmillan Cancer Support to mark World Cancer Day. 

    Every four minutes, someone in the UK dies from cancer and Lord Darzi’s recent investigation into the NHS found that cancer survival in this country is worse for some cancers than some similar nations. 

    The new plan to fight one of the UK’s major conditions could help transform the way we treat cancer, making the UK a world-leader in cancer survival by fighting the disease on all fronts, through improving research, diagnosis, screening, treatment and prevention. This includes investing in the latest technologies to address rising cancer cases, recognising the vital role they’ll play in tackling the disease. 

    This government is taking the necessary steps to ensure that NHS patients will be among the first to benefit from cutting-edge medical innovations, such as the technology being tested in the EDITH trial, catapulting the service from analogue to digital to cut waiting lists and make it fit for the future, as set out in the government’s 10 Year Health Plan. 

    Members of the public, as well as NHS staff and experts, have already been invited to share their experiences, views and ideas for fixing the NHS via the Change NHS online platform, which will help shape the government’s 10 Year Health Plan. The results of this consultation will support the development of the National Cancer Plan. 

    This closely follows the AI Opportunities Action Plan, which has put the UK on course to revolutionise public services and become an AI superpower – already attracting over £14 billion in investment since launching just last month. 

    Secretary of State for Health and Social Care, Wes Streeting said: 

    As a cancer survivor, I feel like one of the lucky ones. 

    With record numbers of people diagnosed with cancer, and Lord Darzi finding that cancer survival is worse in this country than our peers, I know that urgent action is needed to save lives and improve patient care. 

    That’s why for World Cancer Day, I am committed to publishing a dedicated National Cancer Plan this year, to unleash Britain’s potential as a world-leader in saving lives from this deadly disease and make the NHS fit for the future through our Plan for Change.

    Professor Lucy Chappell, Chief Scientific Adviser at the Department of Health and Social Care (DHSC) and Chief Executive Officer of the NIHR said: 

    This landmark trial could lead to a significant step forward in the early detection of breast cancer, offering women faster, more accurate diagnoses when it matters most.  

    It is another example of how NIHR research, shaped and funded by the public, is crucial for rigorously testing world-leading new technologies, such as AI, that can potentially save lives while reducing the burden on the NHS.

    Due to be published later this year, the National Cancer Plan will set out targeted actions to reduce lives lost to one of the biggest killers, continue improving survival rates, and improve the experience of patients along their cancer journey. 

    It will also include specific actions for rarer cancers such as those affecting children. 

    To support this work, the government has re-launched the Children and Young People’s Cancer Taskforce, with Dame Caroline Dinenage and Professor Darren Hargrave appointed as its co-chairs, alongside Dr Sharna Shanmugavadivel as vice-chair. 

    The taskforce will bring together the country’s top experts to set out plans to improve treatment, detection, and research for cancer in children, which will feed into the National Cancer Plan. 

    NHS national clinical director for cancer Professor Peter Johnson said: 

    The NHS is diagnosing more cancers at an early stage than ever before – when treatment is most likely to be effective – but we know we need to accelerate progress further.  

    A National Cancer Plan will give us the chance to do just that – bringing in new ideas, help us make best practice, normal practice – and ensure the NHS is at the cutting edge of new cancer developments and innovations in the future.

    Britain is a global leader in the development of advanced therapies, with a strong academic and life sciences industry, and was the first national health system in Europe to commission CAR-T cellular therapy for blood cancer patients. 

    Now, alongside the National Cancer Plan, a new UK Collaborative for Cancer Clinical Research is being launched to provide coordination, target investment, and maximise opportunities for  the UK to lead in clinical research. This will help to unlock innovation and growth. 

    Hosted by the Association of Medical Research Charities, the Collaborative will support charities to convene expertise from across the cancer research landscape, to identify strategic priorities and cross-cutting areas of unmet need.  

    Science Minister Lord Vallance, and Health Minister Baroness Merron will see first-hand how charities, academia, industry and the NHS working hand-in-hand to support research is leading to breakthroughs for cancer patients, on a visit to the Royal Marsden Hospital today. Their Sutton cancer hub is hosting MANIFEST, a research project jointly led by the Francis Crick Institute, looking to better-target immunotherapy as a treatment of cancer. The Government announced £9 million funding for the project, in October. 

    Science and Technology Secretary, Peter Kyle, said:  

    Catching cancer weeks earlier could be the difference between life and death – and these trials could not only help to get women faster access to treatment but reduce pressures on our NHS. 

    Delivering on our AI Opportunities Action Plan, we are going to use AI to repair broken public services and drive forward our Plan for Change. Trials like this illustrate exactly the impact we know the technology can have – improving lives and in this case, saving them. 

    The government has committed to fixing the NHS and making it fit for the future as part of its Plan for Change

    Last week, the government pledged to speed up diagnosis and treatment for tens of thousands of cancer patients. From March 2026, around 100,000 more people every year will be told they have cancer or not within 28 days and around 17,000 more people will begin treatment within two months of a diagnosis. 

    This comes as part of new targets from NHS England confirming four out of five patients would receive a diagnosis or be given the all-clear within 28 days of a cancer referral – an increase to 80% on the current target of 77%. 

    The move will ensure that those with cancer are given the best chance of survival through earlier diagnosis and access to treatment.   

    It will also bring the government closer to achieving all of the cancer waiting time standards set out in the NHS Constitution, some of which haven’t been met since 2015. 

    For more information on how to contribute to the call for evidence for the National Cancer Plan, visit gov.uk. 

    Updates to this page

    Published 4 February 2025

    MIL OSI United Kingdom