Up in the Air: Wind Energy Partnership and Aviation Aftermarket Success

Dear Readers,

Welcome to the second issue of our VISIONS newsletter.?In this issue, we dive into two significant ventures. First, we explore Sumitomo’s multi-regional role in advancing the clean energy sector through a strategic partnership with JGC Japan Corporation to develop Floating Offshore Wind (FOW) technology. This initiative is poised to position us at the forefront of renewable energy projects in the U.S.

Then, learn how SC Group Company Werner Aero is transforming the aircraft aftermarket industry by providing sustainable, comprehensive solutions to aviation challenges.

Our Notes from the C-Suite column features Chief Ethics and Compliance Officer Tim Sander, who discusses his leadership in fostering an ethical workplace culture and his vision for Sumitomo Corporation Canada as its new president. Lastly, don’t miss the latest episode of SUMICAST, where Elizabeth Batista Moody shares her journey working in renewable energy and fostering projects that promote sustainable energy practices.

We invite you to explore this issue and click through to read the full stories that reflect the spirit of innovation and leadership at Sumitomo Corporation of Americas.

Sincerely,?

The VISIONS Editors

Navigating the Future of Clean Energy: Sumitomo Corporation and JGC's Ambitious Floating Offshore Wind Partnership

As global demand for clean energy grows, floating offshore wind (FOW) is emerging as a pivotal sector. Sumitomo Corporation of Americas (SCOA) has teamed up with JGC Japan Corporation to build the necessary infrastructure to meet this demand, with plans to produce 100 floating turbine foundations annually by 2030. This partnership highlights SCOA’s strategic role in scaling renewable energy projects in the U.S. Learn how they’re overcoming logistical challenges and positioning themselves at the forefront of this industry’s future. Read all about it here.

How Werner Aero Soared to Success in the Aircraft Aftermarket

SC and SCOA expanded their aircraft aftermarket business through SC Group Company Werner Aero, specializing in the reuse, maintenance, and disassembly of aircraft parts. Having considered making headway into this market since 2016, SCOA strategically entered this sector in 2022 to meet the rising demand for sustainable practices in aviation. Despite challenges posed by the COVID-19 pandemic, Werner Aero has leveraged its expertise and reputation to establish a strong presence in the market. The company's unique business model focuses on providing comprehensive solutions rather than just reselling aircraft parts. Read here to learn how New Jersey’s own Werner Aero is poised to surpass its competitors and become a leader in the aircraft aftermarket. Learn more about this business here.

In our latest Notes from the C-Suite column, SC Americas' Chief Ethics and Compliance Officer (CECO) Tim Sander shares his vision for fostering an ethical culture at Sumitomo by promoting psychological safety and empowering employees to voice concerns. He also discusses his new role as President of SC Canada, emphasizing servant leadership principles and the importance of collaboration. Read the full article for more insights into his leadership approach and goals for the future. Check it out right here!

SUMICAST Interview: Elizabeth Batista Moody, Senior Manager of Energy Seeding

Check out this insightful episode on our SUMICAST Channel! Host Stephen Pitalo chats with Elizabeth Batista-Moody, our Senior Manager of Energy Seeding, as she takes us through her incredible career journey. Elizabeth shares how her passion for decarbonization led her to Sumitomo, where she now spearheads projects in renewable energy. Don’t miss this inspiring conversation about “energy seeding,” follow-through on sustainability promises, and the future of energy. Click here to watch and listen.