MESSAGE FROM ABOUT SUSTAINABILITY AT PRODUCTS WITH ENVIRONMENTAL SOCIAL GOVERNANCE AND GRI, SASB, AND TCFD OUR CEO HUBBELL HUBBELL IMPACT STEWARDSHIP RESPONSIBILITY ACCOUNTABILITY DISCLOSURES PURSUING CIRCULARITY As a manufacturing company, we recognize our role in supporting a more circular economy. electric, gas, and water meters were recycled in To that end, we aim to create solutions that 822 keep products and materials in use, design out 2022 via our smart meter recycling program waste and pollution, and regenerate natural THOUSAND systems. We view the circular economy as an opportunity to develop technologies and business models that are restorative and regenerative by design, with the added bene昀椀t of inspiring innovation and driving a more sustainable future. 2.32 pounds of scrap metal were recovered from the We are continuing meters we recycled in 2022 to explore ways MILLION to build upon our current practices in support of a more circular economy—starting with a focus on using recycled content, of our corrugated cardboard and wood reducing waste, and closing the 67% packaging, as well as other packaging supplies, materials loop. were made of recycled material in 2022 We utilize recycled materials rather than virgin content, such as recycled steel and cardboard, in our products and packaging where feasible. We also drive circularity through our smart of the steel, by weight, we purchased in 2022 came meter recycling program. Through this initiative, we replace and recycle our customers’ electric, from less environmentally impactful mills that use gas, and water meters when they are at their recycled material as their primary feedstock rather end of life. We intend to expand these e昀昀orts 50% in the future and identify new ways to innovate than virgin steel through circular economy models. 32
