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Sustainability

Acting as a steward for our environment and natural resources is critical to our company. As we solve critical challenges for our customers, we are also committed to improving the environmental impact of our own operations.

Hubbell's Environmental Goals

30%

reduction

in Scope 1 and 2
emissions by 20301

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EMISSIONS

25%

reduction

in water usage
by 20301

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WATER

30%

reduction

in hazardous waste
by 20301

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WASTE

1Goals are compared to a 2022 baseline.
Sustainability Impact Program

Hubbell’s Sustainability Impact Program

As part of our commitment to improving the environmental performance of our direct operations, we established Hubbell’s Sustainability Impact Program (SIP). SIP invests in capital projects that propel us toward our environmental goals, including solar-panel installations, equipment upgrades, lighting retrofits, and water and waste re-processing systems.

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Climate Change Risks and Opportunities

We focus on trying to manage the climate-related risks and opportunities of our business for our stakeholders and the planet in the near and long term.

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Through strategic analysis and business planning, we are taking steps to address climate change risks while also leaning into climate-related opportunities:

Climate-related Physical Risks:

We evaluate the physical risks posed by climate change for our facilities and operations. We have established business continuity plans to protect our employees, properties, and assets from disruptions that may result from the physical impacts of climate change.

Climate-related Transitional Risks:

We focus on proactively managing transitional risks. We regularly monitor the evolving conditions of the legal, regulatory, technology, and market landscape and engage in response planning to identify and mitigate future risks.

Climate-related Opportunities:

We aspire to expand our portfolio of utility and electrical solutions to align with the demand from new and emerging markets associated with the transition to a low-carbon economy. Our New Product Development team develops new solutions that enable sustainable outcomes for our customers.

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Energy and Emissions

At Hubbell, we are committed to managing our energy use and lowering our greenhouse gas (GHG) emissions. As part of that effort, we focus on measuring our energy consumption and emissions to identify efficiency and reduction opportunities.

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We collaborate with our facilities to identify and pursue initiatives that increase energy efficiency and lower the carbon footprint of our operations. These initiatives include, but are not limited to:

Delivering training on carbon-management for employees and key senior leaders.

Conducting internal or external energy audits to uncover opportunities for meaningful resource reductions.

Investing in capital projects across the enterprise for energy-efficiency and renewable-energy generation.

Replacing equipment with more efficient models, including HVAC systems, LED lighting, and air compressors.

Measuring the impact of emissions-reduction projects.

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Water Management

Water is essential for life, and as a company, we embrace our responsibility to manage and reduce our usage of such an important resource.

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Our water management approach across global operations includes:

Measuring water usage across all our operating locations worldwide.

Reviewing legal requirements for wastewater and effluent management and developing local action plans to drive compliance.

Assessing where we have facilities located in water-stressed regions to guide our water-reduction initiatives.

Identifying water-efficiency opportunities and implementing initiatives to reduce water usage in our operations.

Innovating and executing opportunities to reuse or recycle water in our operational processes.

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Waste Minimization

As a business, Hubbell is committed to responsible consumption and production, which includes managing and minimizing our waste generation. In addition to pursuing measures that reduce the amount of waste we dispose at our facilities, we reduce, recover, reuse, and recycle byproducts, such as scrap metals, and other surplus materials in our operations whenever feasible.

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As a manufacturing company, we recognize our role in supporting a more circular economy. To that end, we aim to create solutions that keep products and materials in use and design out waste and pollution.

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416 THOUSAND

number of electric and water meters recycled in 2024 via our smart meter recycling program.

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1.18 MILLION

pounds of scrap metal recovered from recycled meters in 2024.

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70 %

amount of our packaging supplies made of recycled material in 2024.

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81 %

amount of steel, by weight, purchased in 2024 from mills that use recycled material as their primary feedstocks.