CLOSING BELL

The Growth of Sustainability

More companies are developing a long-term strategic view of the environmental impact of their products.

In the past, a product usually ended up in a landfill because manufacturers devoted little thought to sustainable design and practices—the pursuit of an entirely closed-loop process in which parts return to the earth or become another, new product. Creating goods with minimal or no negative environmental and health impact has become the guiding principle of a growing number of firms. A major textile manufacturer, for example, derives nearly 75% of its sales from sustainable, fully recyclable carpets and wood flooring. The company's production methods keep up to 300 million pounds of carpet from landfills every year. Sustainability practices are becoming more than a way to develop brands and reputations—an increasing number of executives see them as providing operational and growthoriented benefits that help cut costs and develop new markets and products. BHS

The Car of Today inCludeS The Materials of Yesterday This model, which will be on the road in the coming months,
shows the integration of recycled and plant-derived material into design.
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Sources: McKinsey & Company, October 2011; Shaw Industries Group; Ford Motor Company, press releases, 2012.

Illustration by David Foster

1 Taking the time to review important accounts can help maintain your overall financial strategy.
2 Christine Fahlund, CFP®, a senior financial planner with T. Rowe Price, explains the role probate can play in your estate plan.
3Larry Puglia, portfolio manager of the T. Rowe Price Blue Chip Growth Fund.
4A blended portfolio for income and growth.
5Starting to save early with a 529 plan can help bring the cost of college within reach.
6 Contributing regularly and staying invested increases the growth potential of your assets over time.
7One of your biggest decisions is determining when and how to begin collecting your benefits.
8T. Rowe Price Connections; The T. Rowe Price Program for Charitable Giving; and more.
9Giving to causes that are important to you can be a rewarding part of your personal and financial life.
10An increasing number of companies are developing a long-term strategic view of the environmental impact of their products.
11Growing Opportunities in Developed and Emerging Markets.
12Six Steps to Help You Achieve Your
Goals.