Industry Insights

2022: Our Year in Review

2022 Year in Review

2022 was a memorable ride. We worked with our customers and partners to lower carbon emissions, respond to natural disasters and severe weather patterns, increase operational efficiencies, leverage real-time insights, prioritize public safety and more. Let’s take a moment to reflect on the highlights.

Making Improvements from the Inside Out

In June, we released our 2021 Environmental Social Governance (ESG) Report, highlighting how Itron’s commitment to ESG and sustainability shapes all aspects of our business, from investments and acquisitions to day-to-day operations and community involvement. The report expands on our 2020 approach to our environmental, social and governance (ESG) framework that integrates with our strategic, operational and risk-management efforts – and has set several greenhouse gas (GHG) emissions targets to ensure we meet our goals. Centered around four key pillars, this framework represents our long-term view of sustainability, diversity and accountability as we strive to create a more resourceful world.

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Enabling Customer Success

The past year was full of exciting milestones with our customers. One took place in June, when Texas-New Mexico Power (TNMP) received Itron’s 4 millionth Distributed Intelligence (DI)-enabled smart electric meter. This marked a significant moment for both TNMP and Itron, as it enabled unprecedented insight into grid operations, improved customer engagement and increased grid safety. With Itron’s solution, TNMP is well-positioned for both the challenges and opportunities at the grid edge. 

In January, we kicked off the year by collaborating with Syarikat SESCO Berhad (SESCO) for a 15-year contract to deploy Itron’s industrial IoT (IIoT) solution. The solution helps SESCO improve operational efficiency and consumer engagement and includes Itron’s communications network for 180,000 Advanced Metering Infrastructure (AMI) endpoints. Itron is thrilled to continue the expansion of this project with our long-term customer in the years to come.