MESSAGE FROM ABOUT SUSTAINABILITY AT PRODUCTS WITH ENVIRONMENTAL SOCIAL GOVERNANCE AND GRI, SASB, AND TCFD OUR CEO HUBBELL HUBBELL IMPACT STEWARDSHIP RESPONSIBILITY ACCOUNTABILITY DISCLOSURES WATER MANAGEMENT At Hubbell, we view water stewardship as vital for both mitigating and adapting to the e昀昀ects of a changing climate. ESTABLISHING A NEW WATER GOAL Water is essential for life, and as a company, we embrace 25% We will reduce our company-wide our responsibility to manage and reduce our usage of water usage by 2030. such an important resource. To that end, our facilities BY 2030 manage water use and e昀툀uent discharge at the site level in accordance with local requirements and regulations. In addition, our water management approach across our We developed a new water target to global operations includes, but is not limited to: challenge ourselves to continue reducing our global water usage. The new goal is to reduce Measuring water water usage by 25% by 2030, compared to Identifying and a 2022 baseline. We also enhanced our data usage across all our implementing collection e昀昀orts and process by employing operating locations initiatives across our a new environmental data management worldwide. facilities that lessen software solution that encompasses our water usage, such as our water usage metrics. Compared to Assessing where, installing low-昀氀ow water valves our previous water inventory which was across all our global and leak detection mechanisms limited to our largest warehouses and sites, we have and analyzing production manufacturing facilities, our improved water facilities located in processes for water e昀케ciency data methodology recalculated water usage regions with baseline water opportunities. across all our global sites, incorporating more stress categorized as high or locations and o昀케ces. This enabled us to extremely high, according to the Reviewing all legal capture a more comprehensive picture of our World Resources Institute’s and other water impacts and reduction opportunities. Aqueduct Water Risk Atlas tool, requirements for to aid decision making around wastewater and water reduction initiatives. e昀툀uent management and implementing measures that restrict discharge to limit potential environmental impact. 28
Hubbell 2023 Sustainability Report Page 27 Page 29