Hubbell - 1792 Exchange

Rating Overview

Hubbell is Medium Risk.

Hubbell is Medium Risk. The company often yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. The company occasionally embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues at times. This approach fails to safeguard free exercise, free speech, and free enterprise.

Rating Criteria

Corporate Weaponization Risk Levels
Criteria	Risk Level
Cancellations	Medium Risk
Discriminatory Philanthropy	Lower Risk
Employment Protection	Medium Risk

Corporate Weaponization ⓘ

Corporate Governance and Public Policy Risk Levels
Criteria	Risk Level
Advocacy Bias	Medium Risk
Funding	High Risk
Political Actions	Lower Risk

Corporate Governance and Public Policy ⓘ

Rating Criteria Detail

Criteria Risk Level Rationale

Corporate Weaponization

Criteria:

Has canceled customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level:

Medium

Rationale:

Hubbell integrates ESG into its business practices. From its 2026 Sustainability Report: “Formally integrated
sustainability criteria into
product development”. Also from its 2026 Sustainability Report: “We screen all new and current suppliers for social criteria, including their status as a diverse supplier” (1). However, the company has not publicly canceled customers, suppliers, or vendors based on political views or religious beliefs (2).

Criteria:

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level:

Lower

Rationale:

Hubbell does not appear to discriminate against charitable organizations based on views or beliefs (1)(2).

Criteria:

Employment policies fail to protect against viewpoint or other discrimination and/or are ideological in nature.

Risk Level:

Medium

Rationale:

Hubbell appears to prioritize diversity over merit in its leadership composition. From its Corporate Governance Guidelines: “The Nominating and Corporate Governance Committee endeavors in good faith to include, in the initial list of candidates from which new director nominees are chosen by the Board, qualified candidates who reflect diverse backgrounds, including diversity of gender and race or ethnicity” (1). The company protects its employees against viewpoint discrimination (2).

Corporate Governance and Public Policy

Criteria:

Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.

Risk Level:

Medium

Rationale:

Hubbell supports DEI within its business practices. From its 2026 Sustainability Report: “Inclusion is a core value at Hubbell and
foundational to our success and innovation” (1). Otherwise, the company has not supported ideological causes or policies (2).

Criteria:

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level:

High

Rationale:

The Hubbell Foundation partners with the National Urban League (1). Hubbell is a Brass sponsor of Out & Equal (2). The company was a jade level partner of the 2025 ROMBA Conference, an annual LGBTQ+ professional and recruiting conference for students, business professionals, corporations, and business schools. The conference emphasizes identity-based networking and recruiting over merit and professional qualifications, reflecting the influence of DEI activism in corporate and academic settings (3)(4)(5)(6). Otherwise, there are no publicly known cases of Hubbell using corporate funds to advance ideological causes, organizations, or policies (7).

Criteria:

Uses corporate political actions and/or financial contributions for ideological, non-business purposes.

Risk Level:

Lower

Rationale:

Hubbell does not operate a PAC at this time and has not used its lobbying for ideological purposes (1)(2)(3).