MESSAGE FROM ABOUT SUSTAINABILITY AT PRODUCTS WITH ENVIRONMENTAL SOCIAL GOVERNANCE AND GRI, SASB, AND TCFD OUR CEO HUBBELL HUBBELL IMPACT STEWARDSHIP RESPONSIBILITY ACCOUNTABILITY DISCLOSURES A MESSAGE FROM OUR CHAIRMAN, PRESIDENT AND CHIEF EXECUTIVE OFFICER DEAR STAKEHOLDERS, Hubbell is a leading provider of utility and electrical solutions which At Hubbell, we are dedicated to high standards of business conduct and enable our customers to operate critical infrastructure safely, reliably, and ethics for our company and within the communities where we operate. e昀케ciently. With leading positions across the energy infrastructure, Hubbell During 2022, this was no exception. We were recognized by Ethisphere is uniquely positioned to solve critical infrastructure problems related to grid as one of the 2023 World’s Most Ethical Companies, which is the third modernization and electri昀椀cation. Our strategy and portfolio are aligned to consecutive year Hubbell has been named to this esteemed list. Hubbell these key sustainability megatrends, and we remain committed to delivering was also proud to be recognized by Newsweek for the 昀椀rst time as one of best-in-class solutions that energize and electrify our communities, society, America's Most Responsible Companies for 2023. and economy. As we embody integrity in our workplace, we also strive to be good In 2022, we focused on the continued development corporate citizens and support our communities. When hurricanes swept of our sustainability program. We conducted a through the Southeast of the United States, Hubbell’s Emergency Action new materiality assessment to reevaluate the Team responded quickly to deliver our products to impacted areas and environmental, social, and governance issues most help get services back up as fast as possible. The Hubbell Foundation also signi昀椀cant to our company and stakeholders. After donated funds to charitable organizations on the ground in those impacted achieving our 2025 emissions and water reduction areas and in other areas around the globe. goals ahead of schedule, we used the outputs from the materiality assessment to establish new, more This is Hubbell’s 135th anniversary, and we continue to focus on achieving ambitious 2030 emissions and water goals and to our vision of being an exceptional supplier, a valued investment, and a also establish a new enterprise waste reduction goal. rewarding employer. There is much work to be done, but I am con昀椀dent During this past year, we also continued to improve that we will be able to continue to execute on our strategy to drive positive our processes to collect, analyze, and validate our environmental data, outcomes for all of our stakeholders. I welcome you to read this report that which in turn will help us drive forward our progress. showcases our achievements and our path ahead as we move into this next chapter of our sustainability journey. We could not have achieved our strong 昀椀nancial and operational performance without the contributions of our dedicated workforce. Throughout 2022, we continued to invest in our people through educational, development, inclusion, and wellbeing programs. We formalized a hybrid GERBEN BAKKER, work schedule and held a Global Recharge Day to encourage our employees CHAIRMAN, PRESIDENT AND CHIEF EXECUTIVE OFFICER to take a day o昀昀 to focus on their physical and mental health. Our employees also participated in our “Elevate” Employee Engagement Survey, which will help us improve the experience and culture at Hubbell in the years ahead. 4
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