Itron Inc

Common Name
Itron
Country
United States
Sector
Technology
Industry
Scientific & Technical Instruments
Employees
5,040
Ticker
ITRI
Exchange
NASDAQ/NGS
Description
Itron Inc. is a renowned technology and services company that specializes in delivering advanced solutions for utilities and municipalities. Their primary function is to provide smart metering, data c...

Itron's GHG Emissions Data Preview

In 2023, Itron completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Itron has also provided a category-level breakdown for 4 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Itron’s Greenhouse Gas (GHG) Emissions 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 Itron’s data sources below and access millions more through our Disclosure Search.

a. Itron's CSR Report 2023
a. Itron's CSR Report 2023
b. Itron's ESG Report 2021
b. Itron's ESG Report 2021
c. Itron's Financial & Extra-Financial Disclosure 2020
c. Itron's Financial & Extra-Financial Disclosure 2020

Insights into Itron's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Itron amounted to 14,029 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Itron increased by 1.77%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Itron's Scope 1 Emissions Over Time

20182019202020212022202302 k4 k6 k8 ktCO2e+81%-11%+15%-21%-12%
  • Total Scope 1
  • Year-over-Year Change

What are Itron's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Itron were 4,421 metric tons of CO₂ equivalent (tCO₂e). a

Has Itron reduced its Scope 1 emissions over time?

Since 2018, Itron's Scope 1 emissions have increased by 28.15%, reflecting a rising long-term trend in Scope 1 emissions over time. a c

Compared to the previous year (2022), Itron's Scope 1 emissions decreased by 11.69%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Itron's Scope 2 emissions?

In 2023, Itron reported Scope 2 greenhouse gas (GHG) emissions of 9,608 tCO₂e using the location-based method. a

Has Itron reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Itron's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Itron 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Itron use for Scope 2 reporting?

In 2023, Itron reported its Scope 2 emissions using the location-based method. a

Itron's Scope 2 Emissions Over Time

2019202020212022202303.5 k7 k10.5 k14 ktCO2e
  • Total Scope 2 Location-Based

Insights into Itron's Value Chain Emissions

In 2023, Itron reported 15,786 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of Itron includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Itron's Scope 3 Emissions Over Time

2019202020212022202308 k16 k24 k32 ktCO2e-25%-21%-36%+32%
  • Total Scope 3
  • Year-over-Year Change

What are Itron's Scope 3 emissions?

In 2023, Itron reported total Scope 3 emissions of 15,786 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2022), Itron's Scope 3 emissions increased by 32.29%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does Itron disclose?

In 2023, Itron reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol. a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Itron's Scope 3 emissions?

In 2023, the largest contributors to Itron's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 5,343 tCO₂e (33.85%)
  • Business Travel (Cat. 6): 4,223 tCO₂e (26.75%)
  • Downstream Transportation and Distribution (Cat. 9): 4,133 tCO₂e (26.18%)

Itron's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(33.8%)DownstreamTransportation andDistribution(Cat. 9)(26.2%)Business Travel(Cat. 6)(26.8%)

Insights into Itron’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Itron reported Scope 1 greenhouse gas (GHG) emissions of 4,421 tCO₂e and total revenues of USD 2,174 millions. This translates into an emissions intensity of 2.03 tCO₂e per millions USD. a

Itron's Scope 1 Emissions Intensity Compared to Peers

202002,00020,000200,000Scope 1 Emissions (tCO2e)2005002,0005,00010,000Revenues (Millions of USD)Axcelis TechnologiesYear: 2023Scope 1: 3,411 tCO2eRevenue: $M 1,131Scope 1 Intensity: 3.02 tCO2e/$MCoherentYear: 2024Scope 1: 49,811 tCO2eRevenue: $M 4,708Scope 1 Intensity: 10.58 tCO2e/$MIPG PhotonicsYear: 2023Scope 1: 18,507 tCO2eRevenue: $M 1,287Scope 1 Intensity: 14.38 tCO2e/$MBadger MeterYear: 2023Scope 1: 2,431 tCO2eRevenue: $M 704Scope 1 Intensity: 3.46 tCO2e/$MNetscout SystemsYear: 2023Scope 1: 410 tCO2eRevenue: $M 915Scope 1 Intensity: 0.45 tCO2e/$MCsg Systems InternationalYear: 2021Scope 1: 573 tCO2eRevenue: $M 1,047Scope 1 Intensity: 0.55 tCO2e/$MBlackbaudYear: 2023Scope 1: 52 tCO2eRevenue: $M 1,106Scope 1 Intensity: 0.05 tCO2e/$MFortiveYear: 2023Scope 1: 13,258 tCO2eRevenue: $M 6,065Scope 1 Intensity: 2.19 tCO2e/$MTrimbleYear: 2023Scope 1: 4,000 tCO2eRevenue: $M 3,799Scope 1 Intensity: 1.05 tCO2e/$MMKSYear: 2024Scope 1: 7,254 tCO2eRevenue: $M 3,586Scope 1 Intensity: 2.02 tCO2e/$MSensata Technologies HoldingYear: 2023Scope 1: 4,766 tCO2eRevenue: $M 4,054Scope 1 Intensity: 1.18 tCO2e/$MTeledyne TechnologiesYear: 2023Scope 1: 73,219 tCO2eRevenue: $M 5,635Scope 1 Intensity: 12.99 tCO2e/$MVontierYear: 2024Scope 1: 10,931 tCO2eRevenue: $M 2,979Scope 1 Intensity: 3.67 tCO2e/$MViavi SolutionsYear: 2023Scope 1: 988 tCO2eRevenue: $M 1,106Scope 1 Intensity: 0.89 tCO2e/$MTeradataYear: 2023Scope 1: 142 tCO2eRevenue: $M 1,832Scope 1 Intensity: 0.08 tCO2e/$MSemtechYear: 2023Scope 1: 1,725 tCO2eRevenue: $M 869Scope 1 Intensity: 1.99 tCO2e/$MESCO TechnologiesYear: 2023Scope 1: 5,535 tCO2eRevenue: $M 956Scope 1 Intensity: 5.79 tCO2e/$MPayoneer GlobalYear: 2024Scope 1: 452 tCO2eRevenue: $M 721Scope 1 Intensity: 0.63 tCO2e/$MKeysight TechnologiesYear: 2023Scope 1: 16,161 tCO2eRevenue: $M 5,464Scope 1 Intensity: 2.96 tCO2e/$MTwilioYear: 2023Scope 1: 866 tCO2eRevenue: $M 4,154Scope 1 Intensity: 0.21 tCO2e/$MNovantaYear: 2023Scope 1: 2,132 tCO2eRevenue: $M 882Scope 1 Intensity: 2.42 tCO2e/$MAmdocsYear: 2023Scope 1: 1,141 tCO2eRevenue: $M 4,887Scope 1 Intensity: 0.23 tCO2e/$MItronYear: 2023Scope 1: 4,421 tCO2eRevenue: $M 2,174Scope 1 Intensity: 2.03 tCO2e/$M

How does Itron's GHG emissions intensity compare to its peers?

In 2023, Itron reported a Scope 1 emissions intensity of 2.03 tCO₂e per millions USD. Compared to the peer group median of 2 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Itron rank on GHG emissions intensity within its industry?

In 2023, Itron ranked 13 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Itron is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Itron's Total Carbon Footprint

In 2023, Itron reported a total carbon footprint of 29,815 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 15.93% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Itron's total carbon footprint was Scope 3 emissions, accounting for 52.95% of the company's total carbon footprint, followed by Scope 2 emissions at 32.23%. a

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