Conservation can create capital. ClearBridge believes investors shouldn't have to choose between principles and performance. Thirty years of experience shows us that long-term, active Environmental, Social and Governance (ESG) investing is good business. As a large stakeholder of a technology company, we were able to engage in a dialogue that led to significant water conservation. The company's Shanghai facility achieved 100% water recycling, sustaining a cost savings of $2 million a year. They now use the same breakthrough recycling program across their global operations. Offer your clients return on their investments and their values. ClearBridge.com/esg Experience is our ESG advantage. ClearBridge Investments, LLC is a Legg Mason Company. All investments involve risk, including loss of principal. ©2017 ClearBridge Investments, LLC.http://www.ClearBridge.com/esg