This document discusses green manufacturing. It defines green manufacturing as preventing pollution and waste by developing new processes that reduce or eliminate hazardous substances. The goals of green manufacturing are to identify, quantify, assess, and manage environmental waste flows to minimize environmental impact while maximizing resource efficiency. Benefits include environmental protection, improved company reputation and social responsibility, and new research and technology development opportunities. Challenges include the long-term effort, upfront investment costs, and increased production costs required. The document provides examples of Panasonic's energy-efficient air conditioners and more fuel-efficient asphalt highways.