Hubbell Incorporated

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023

In its 2023 reporting, Hubbell Incorporated disclosed greenhouse gas emissions of 135.6K tCO2e/year. By scope: Scope 1: 43.7K tCO2e/year; Scope 2: 91.9K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
135.6K tCO2e/year
2023
💧
Water Usage
127.5K kgal/year
2023
♻️
Waste
28.6K tons/year
2023
⚙️
Energy Use
444.2M kWh/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).43.7K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.91.9K tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

📅 Medium-term

  • 30% reduction in Scope 1 & 2 emissions by 2030
  • 25% reduction in water usage by 2030
  • 30% reduction in hazardous waste by 2030

🌱 ESG Focus Areas

Climate changeWater and wasteBusiness ethics, integrity, and transparencyData privacy and cybersecurityRisk excellenceCommunity impactSupply chain responsibilityEmployee experienceHuman rights in the workplace and value chainProduct quality and safetyEmployee health and safetyInclusion, diversity, and equityProducts with ImpactEnergy and emissions

⚠️ Challenges & Risks +

  • Climate-related and environmental laws and regulations may increase the compliance burden.
  • Increasing stakeholder concern or expectations for climate-related issues may impact Hubbell's business or reputation.
  • Severe weather events and natural disasters may disrupt operations in our facilities and supply chains.
  • Long-term shifts in weather patterns may influence the availability of resources, impacting the cost of raw materials.
  • Changes in climate may influence customer demand for low-carbon solutions.

📋 Report Information

Reporting Period: 2023
Frameworks: GRI, SASB, TCFD
Assurance: ERM Certification & Verification Services Incorporated