Hubbell Inc

Common Name
Hubbell
Country
United States
Sector
Industrials
Industry
Electrical Equipment & Parts
Employees
17,700
Ticker
HUBB
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Hubbell Inc. is a prominent manufacturer of electrical and electronic products globally. The company primarily focuses on designing, manufacturing, and selling quality electrical and utility solutions...

Hubbell's Climate Target Data Preview

As of 2024, Hubbell has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Hubbell ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Hubbell’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Hubbell’s data sources below and access millions more through our Disclosure Search.

a. Hubbell's Sustainability Report 2024
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Insights into Hubbell's Greenhouse Gas Emissions Pathways

As of 2024, Hubbell has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

Does Hubbell have a target to reduce the emissions from its operations?

As of 2024, Hubbell has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Hubbell's most ambitious operational target is to reduce these emissions by 30% by 2030, compared to a baseline of 135,663 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022. a

As of 2023, Hubbell is lagging behind on its operational emissions reduction target, having achieved 0.13% of the planned reduction. a

Hubbell's Operational (Scope 1+2) Emissions Pathway

202220232030035 k70 k105 k140 kCurrent (-0%)Target 2030 (-30%)
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