Better Health for All

Hubbell's core products contribute positively to health, with 66% of 2024 sales (over $3.7 billion) from "Products with Impact" in areas like renewable energy and grid modernization.

The company also designs specific products for healthcare safety, ensuring reliable power, 24/7 uptime, and reduced virus transmission in hospitals, and protecting vaccines in the supply chain. However, Hubbell had two product recalls in 2023, affecting approximately 2,500 products. The company has incurred $243,787 in penalties for 9 environment-related offenses since 2000, including hazardous waste and air pollution violations, but is actively working to reduce GHG emissions, water usage, and hazardous waste, with targets to reduce each by 25-30% by 2030. During the COVID-19 pandemic, Hubbell provided essential electrical components for temporary medical facilities, and its products protect vaccines in the supply chain. The company also donated $100,000 to Feeding America for Maui wildfire relief efforts in 2023.

Fair Money & Economic Opportunity

Hubbell Incorporated is a manufacturer of electrical and electronic products, not a financial institution. As such, most KPIs under the 'Fair Money & Economic Opportunity' value are not applicable to its core business model. Hubbell does not offer lending or deposit services to consumers, provide consumer credit products, manage customer finance data, or operate financial service access points. Therefore, KPIs such as underserved_client_share, pricing_fairness, exploitative_fee_exposure, data_accessibility, fair_lending_compliance, wealth_building_outcome, debt_burden_ratio, geographic_inclusion, and product_simplicity are scored as 0 (not applicable). For inclusion_initiatives, while Hubbell partners with Oklahoma State University Institute of Technology (OSUIT) for a fiber optics curriculum for tribal broadband needs

and its foundation provides grants for community empowerment, these are not direct financial inclusion programs focused on loan/insurance books. The KPIs profit_reinvestment and financial_literacy_initiatives are omitted due to insufficient quantitative data. Although The Hubbell Foundation donated $1.9 million in 2024 , the company's pre-tax profit is not provided to calculate the required percentage for profit_reinvestment. For financial_literacy_initiatives, there is no data on the reach or outcomes of financial education programs for customers.

Fair Pay & Worker Respect

Hubbell was recognized as one of the World's Most Ethical Companies by Ethisphere in 2024

. The company's 2023 Sustainability Report emphasizes adherence to fair labor and human rights standards, including non-discrimination, elimination of forced and underage labor, support for unionized workers, and regular review of pay equity . However, Hubbell Inc. has faced employment-related challenges. Since 2000, the company incurred $179,827 in employment-related penalties, including $138,753 for wage and hour violations and $41,074 for labor relations violations . Additionally, it faced $556,949 in safety-related penalties across 35 records . In 2019, Hubbell Inc. paid $138,753 in back wages and damages to 829 employees due to failures in overtime pay calculations . In 2023, Hubbell Lighting Inc. faced a lawsuit alleging discriminatory pay practices . Also in 2023, an employee's claim of constructive discharge against Hubbell Inc. was found insufficient by the court .

Honest & Fair Business

Hubbell has been recognized as one of the World's Most Ethical Companies by Ethisphere for four consecutive years, from 2021 through 2024

, reflecting a strong ethical standing and low controversy. The company maintains strong anti-corruption policies and reported no monetary losses due to legal proceedings associated with bribery or corruption as of 2022 . Its governance structures include a Code of Business Conduct and training sessions to uphold ethical conduct .

Kind to Animals

No specific, quantifiable evidence was found in the provided articles to assess Hubbell Inc against the defined Key Performance Indicators for the 'Kind to Animals' ethical value. While the company is recognized for ethical practices

and has implemented wildlife mitigation solutions that prevent harm to animals (e.g., safeguarding owls and reducing wildlife-caused outages ), the articles do not provide data points such as the percentage of products certified cruelty-free, details on animal testing policies or volumes, investment in animal-free R&D, humane certifications for operations, or measurable biodiversity impact metrics (e.g., species recovery, habitat restoration, or percentage of revenue invested in conservation initiatives) that align with the rubric's quantitative thresholds. Therefore, all KPIs are omitted.

No War, No Weapons

Hubbell's primary business operations are centered around civilian markets, with no substantial evidence of significant military contracts or weapons manufacturing in recent decades.

A 2013 contract for naval water heaters was for a non-lethal product and had minimal financial impact. The company's Global Human Rights Policy is stated to be aligned with the UN Guiding Principles on Business and Human Rights, but no evidence of monitoring or reporting on adherence is provided. In 2024, the Hubbell Foundation donated $2.249 million to various charities, including UNICEF for Ukraine war impact, representing approximately 0.04% of its $5.6 billion revenue. The Board of Directors provides oversight for enterprise risks, and a retired general was appointed for cybersecurity expertise, not military manufacturing involvement. Hubbell's AI development focuses on the electric grid and smart meters, with no mention of military applications. For conflict minerals, approximately 70% of responding suppliers confirmed their materials were conflict-free or exempt in 2024, with 4% undeterminable and 3% non-responsive. Hubbell has a Conflict Minerals compliance program designed to follow the OECD framework. The company annually analyzes the sourcing of Conflict Minerals from the DRC and adjoining countries.

Planet-Friendly Business

Hubbell has set a goal to reduce Scope 1 and 2 greenhouse gas emissions by 30% by 2030, using a 2022 baseline; however, these targets are not stated as SBTi-validated. In 2022, the company reported total Scope 1 and 2 emissions of 125,619 metric tons of CO₂ equivalent, a decrease from 138,903 metric tons in 2019.

Hubbell aims to reduce water usage by 25% by 2030 from a 2022 baseline, with total water usage at 123,088 kilogallons in 2022. The company also committed to reducing hazardous waste generation by 30% by 2030, generating 1,608 tons in 2022. Hubbell's Sustainability Impact Program invests in capital projects such as solar panel installations and waste re-processing systems. Approximately 63% of 2022 sales were associated with 'Products with Impact' that support the transition to an energy-efficient and low-carbon economy.

Respect for Cultures & Communities

In 2023, The Hubbell Foundation donated $1.4 million to over 200 charitable organizations.

The company also provides employees with up to eight hours of paid time annually for volunteering with eligible charities. Hubbell Incorporated was recognized as one of the World's Most Ethical Companies by Ethisphere for the fourth consecutive year in 2024. However, there is no specific information available detailing Hubbell Inc.'s initiatives or actions related to cultural respect, indigenous rights, or community engagement that aligns with the provided KPIs.

Safe & Smart Tech

Hubbell Incorporated has developed a 'Privacy and Security by Design' culture, which is applied across its organization, products, and supply chain.

The company has established policies for data management and ensures compliance with evolving industry and regulatory requirements. Hubbell implemented a comprehensive cybersecurity risk management program aligned with the NIST CSF, including regular audits and threat assessments led by a CISO. In 2023, Hubbell allocated approximately $15 million for cybersecurity enhancements. The company was named one of the World's Most Ethical Companies for the third consecutive year in 2023.

Zero Waste & Sustainable Products

Hubbell Incorporated sources 81% of its steel from recycled materials.

The company has implemented waste re-processing systems and, in 2024, recycled 416,000 electric and water meters, recovering approximately 1.18 million pounds of scrap metal. Hubbell has set a target for a 30% decrease in hazardous waste generation.