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OrganisationsHubbell Incorporated
Hubbell Incorporated logo

Hubbell Incorporated

Electrical Machinery ManufacturingUnited StatesNYSE: HUBB
Last verified 11 days agohubbell.com

Hubbell Incorporated, a leading name in the electrical machinery and apparatus sector, is headquartered in the United States. Founded in 1888, the company has established itself as a key player in the industry, focusing on a diverse range of products and services that cater to various markets, including commercial, industrial, and residential sectors.

With a strong presence across North America and beyond, Hubbell is renowned for its innovative solutions in electrical and lighting products, as well as connectivity and utility systems. The company’s commitment to quality and sustainability sets it apart, ensuring that its offerings not only meet but exceed industry standards.

Hubbell's notable achievements include a robust market position, driven by a legacy of reliability and technological advancement, making it a trusted partner for customers seeking efficient and effective electrical solutions.

37
DitchCarbon score

+1 vs industry average

Hubbell Incorporated’s score of 37 is lower than 49% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Low

Electrical Machinery Manufacturing has below-average carbon intensity

Industry performance

0.315
20182025

The Electrical Machinery Manufacturing industry has reduced its overall emissions by 42% since 2018

Emissions trajectory 2020 – 2027

000.0M000.0M00.0M00.0M0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Hubbell Incorporated's reported carbon emissions

Hubbell Incorporated, an electrical machinery and apparatus company headquartered in the US, reported its Scope 1 and 2 greenhouse gas emissions for the 2024 reporting year. Total Scope 1 emissions were approximately 50.9 million kg CO2e, and Scope 2 emissions, based on the market-based approach, were approximately 98.0 million kg CO2e. Location-based Scope 2 emissions were around 93.1 million kg CO2e.

For the 2023 reporting year, Hubbell's Scope 1 emissions were approximately 52.7 million kg CO2e, with Scope 2 emissions at approximately 92.7 million kg CO2e (market-based) and 94.3 million kg CO2e (location-based).

The company has set an ambitious climate commitment to reduce its absolute Scope 1 and Scope 2 greenhouse gas emissions by 30% by 2030, using a 2022 baseline. For the 2022 reporting year, Scope 1 emissions were approximately 50.7 million kg CO2e and Scope 2 emissions were approximately 95.9 million kg CO2e.

In 2021, Hubbell reported Scope 1 emissions of approximately 34.4 million kg CO2e and Scope 2 emissions of approximately 89.4 million kg CO2e (market-based) and 91.4 million kg CO2e (location-based). Prior to that, in 2020, Scope 1 emissions were around 38.4 million kg CO2e, with Scope 2 emissions at approximately 88.3 million kg CO2e (market-based) and 87.7 million kg CO2e (location-based). In 2019, Scope 1 emissions were approximately 43.6 million kg CO2e, and Scope 2 emissions were around 93.5 million kg CO2e.

Hubbell Incorporated does not currently report Scope 3 emissions data, with purchased goods and services noted as a missing data point. The company's climate commitments are focused on achieving significant reductions in its direct operational emissions.

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Hubbell Incorporated’s Climate Goals (2030 & 2050)

3 goals

2030

30% reduction in Scope 2

our goal to reduce absolute Scope 1 and Scope 2 emissions by 30% by 2030, compared to a 2022 baseline

Behind target30%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Hubbell Incorporated logoHubbell Incorporated
USElectrical Machinery Manufacturing
11 days ago
37
Schneider Electric logoSchneider Electric
FRPower, Distribution, and Specialty Transformer Manufacturing
1 day ago
100
View
Siemens logoSiemens
DEAutomatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use
1 day ago
100
View
Prysmian logoPrysmian
ITother miscellaneous electrical equipment and components
2 days ago
94
View
Abb logoAbb
CHSwitchgear and Switchboard Apparatus Manufacturing
6 days ago
93
View
Nexans logoNexans
FROther Services
1 day ago
84
View
Eaton logoEaton
IEElectrical Machinery Manufacturing
2 days ago
77
View

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You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.

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Where does DitchCarbon
data come from?

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Ditchcarbonv260716.3
[email protected]+44 203 475 7875

Ditch Carbon Ltd

167-169 Great Portland Street

London W1W 5PF

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