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SBA Communications Corp

Common Name
SBA Communications
Country
United States
Sector
Real Estate
Industry
REIT - Specialty
Employees
1,844
Ticker
SBAC
Exchange
Nasdaq
Description
SBA Communications Corporation is a real estate investment trust that serves as a leading independent owner and operator of wireless communications infrastructure. The company focuses on providing sha...

SBA Communications's GHG Emissions Data Preview

In 2025, SBA Communications 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).

SBA Communications has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2025202420232022-2019
Total Scope 1
9,276a
10,400a
10,300a
Total Scope 2
Market-Based
14,643a
14,400a
12,300a
Location-Based
22,625a
21,900a
19,400a
Total Scope 3
216,400a
214,000a
207,900a
Total Scope 1 Revenue Intensity (tCO2e/$M)
3.295a
3.8811a
3.7985a
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Verified Sources Behind SBA Communications’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.

a. SBA Communications's Sustainability Report 2025
b. SBA Communications's Sustainability Report 2020

Insights into SBA Communications's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of SBA Communications amounted to 31,901 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 2024, the total operational greenhouse gas (GHG) emissions of SBA Communications decreased by 1.24%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

SBA Communications's Scope 1 Emissions Over Time

201920202021202220232024202503 k6 k9 k12 ktCO2e+10%+3%+68%-7%+1%-11%
  • Total Scope 1
  • Year-over-Year Change

What are SBA Communications's Scope 1 emissions?

In 2025, the total Scope 1 emissions of SBA Communications were 9,276 metric tons of CO₂ equivalent (tCO₂e).a

Has SBA Communications reduced its Scope 1 emissions over time?

Since 2019, SBA Communications's Scope 1 emissions have increased by 59.93%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year (2024), SBA Communications's Scope 1 emissions decreased by 10.81%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are SBA Communications's Scope 2 emissions?

In 2025, SBA Communications reported Scope 2 greenhouse gas (GHG) emissions of 14,643 tCO₂e using the market-based method and 22,625 tCO₂e using the location-based method.a

Has SBA Communications reduced its Scope 2 emissions over time?

Since 2019, SBA Communications's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 65.15%, reflecting a rising long-term trend in Scope 2 emissions over time.ab

Compared to the previous year (2024), SBA Communications's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that SBA Communications's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does SBA Communications use for Scope 2 reporting?

In 2025, SBA Communications reported its Scope 2 emissions using the market-based method and using the location-based method.a

SBA Communications's Scope 2 Emissions Over Time

201920202021202220232024202506 k12 k18 k24 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into SBA Communications's Value Chain Emissions

In 2025, SBA Communications reported 216,400 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 2025 disclosure of SBA Communications includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

SBA Communications's Scope 3 Emissions Over Time

2019202020212022202320242025055 k110 k165 k220 ktCO2e+175%-14%+168%+24%+3%+1%
  • Total Scope 3
  • Year-over-Year Change

What are SBA Communications's Scope 3 emissions?

In 2025, SBA Communications reported total Scope 3 emissions of 216,400 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 41.11% of these emissions originated from upstream activities such as purchased goods and capital goods, while 58.89% came from downstream activities like product use, distribution, and end-of-life treatment.a

Has SBA Communications reduced its Scope 3 emissions over time?

Since 2019, SBA Communications's Scope 3 emissions have increased by 719.7%, reflecting a rising long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2024), SBA Communications's Scope 3 emissions remained relatively stable, indicating that SBA Communications's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does SBA Communications disclose?

In 2025, SBA Communications reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This partial disclosure allows for some insight into the company's indirect impacts.

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

In 2025, the largest contributors to SBA Communications's Scope 3 emissions were:a

  • Downstream Leased Assets (Cat. 13): 127,500 tCO₂e (58.89%)
  • Purchased Goods and Services (Cat. 1): 45,300 tCO₂e (20.92%)
  • Capital Goods (Cat. 2): 31,100 tCO₂e (14.36%)

SBA Communications's Scope 3 Emissions by Categories

Downstream LeasedAssets (Cat. 13)(58.9%)Capital Goods(Cat. 2)(14.4%)Purchased Goods andServices (Cat. 1)(20.9%)

Insights into SBA Communications’s GHG Emissions Intensity Compared to Industry Peers

In 2025, SBA Communications reported Scope 1 greenhouse gas (GHG) emissions of 9,276 tCO₂e and total revenues of USD 2,815 millions. This translates into an emissions intensity of 3.3 tCO₂e per millions USD.a

SBA Communications's Scope 1 Emissions Intensity Compared to Peers

22,0001,000,000500,000,000500,000,000,000Scope 1 Emissions (tCO2e)2005002,0005,00020,000Revenues (Millions of USD)UDRYear: 2024Scope 1: 15,933 tCO2eRevenue: $M 1,672Scope 1 Intensity: 9.53 tCO2e/$MRegency CentersYear: 2025Scope 1: 3,354,000,000 tCO2eRevenue: $M 1,554Scope 1 Intensity: 2,158,962.46 tCO2e/$MHealthpeak PropertiesYear: 2025Scope 1: 71,622 tCO2eRevenue: $M 2,823Scope 1 Intensity: 25.38 tCO2e/$MSun CommunitiesYear: 2024Scope 1: 36,636 tCO2eRevenue: $M 3,200Scope 1 Intensity: 11.45 tCO2e/$MMid-America Apartment CommunitiesYear: 2024Scope 1: 6,242 tCO2eRevenue: $M 2,191Scope 1 Intensity: 2.85 tCO2e/$MW.p. CareyYear: 2024Scope 1: 4,800 tCO2eRevenue: $M 1,583Scope 1 Intensity: 3.03 tCO2e/$MAnnaly Capital ManagementYear: 2024Scope 1: 4 tCO2eRevenue: $M 1,188Scope 1 Intensity: 0.00 tCO2e/$MInvitation HomesYear: 2024Scope 1: 12,711 tCO2eRevenue: $M 2,619Scope 1 Intensity: 4.85 tCO2e/$MKimco RealtyYear: 2024Scope 1: 4,165 tCO2eRevenue: $M 2,037Scope 1 Intensity: 2.04 tCO2e/$MEssex Property TrustYear: 2025Scope 1: 31,839,000,000 tCO2eRevenue: $M 1,887Scope 1 Intensity: 16,869,729.70 tCO2e/$MEquity ResidentialYear: 2024Scope 1: 62,145 tCO2eRevenue: $M 2,980Scope 1 Intensity: 20.85 tCO2e/$MAvalonBay CommunitiesYear: 2024Scope 1: 21,335 tCO2eRevenue: $M 2,914Scope 1 Intensity: 7.32 tCO2e/$MPotlatchdelticYear: 2024Scope 1: 45,000 tCO2eRevenue: $M 1,062Scope 1 Intensity: 42.37 tCO2e/$MEPR PropertiesYear: 2023Scope 1: 6,064 tCO2eRevenue: $M 706Scope 1 Intensity: 8.59 tCO2e/$MRayonierYear: 2024Scope 1: 557 tCO2eRevenue: $M 1,263Scope 1 Intensity: 0.44 tCO2e/$MIron MountainYear: 2024Scope 1: 115,728 tCO2eRevenue: $M 6,150Scope 1 Intensity: 18.82 tCO2e/$MDigital Realty TrustYear: 2025Scope 1: 52,222 tCO2eRevenue: $M 6,113Scope 1 Intensity: 8.54 tCO2e/$MAmerican TowerYear: 2024Scope 1: 365,725 tCO2eRevenue: $M 10,127Scope 1 Intensity: 36.11 tCO2e/$MEquinixYear: 2024Scope 1: 59,400 tCO2eRevenue: $M 8,748Scope 1 Intensity: 6.79 tCO2e/$MWeyerhaeuserYear: 2025Scope 1: 400,000 tCO2eRevenue: $M 6,905Scope 1 Intensity: 57.93 tCO2e/$MOUTFRONT MediaYear: 2024Scope 1: 3,747 tCO2eRevenue: $M 1,831Scope 1 Intensity: 2.05 tCO2e/$MCrown CastleYear: 2024Scope 1: 11,374 tCO2eRevenue: $M 6,568Scope 1 Intensity: 1.73 tCO2e/$MGaming and Leisure PropertiesYear: 2023Scope 1: 20 tCO2eRevenue: $M 1,444Scope 1 Intensity: 0.01 tCO2e/$MSBA CommunicationsYear: 2025Scope 1: 9,276 tCO2eRevenue: $M 2,815Scope 1 Intensity: 3.30 tCO2e/$M

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

In 2025, SBA Communications reported a Scope 1 emissions intensity of 3.3 tCO₂e per millions USD. Compared to the peer group median of 8.54, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does SBA Communications rank on GHG emissions intensity within its industry?

In 2025, SBA Communications ranked 9 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

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

Insights into SBA Communications's Total Carbon Footprint

In 2025, SBA Communications reported a total carbon footprint of 248,301 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.81% increase compared to 2024, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to SBA Communications's total carbon footprint was Scope 3 emissions, accounting for 87.15% of the company's total carbon footprint, followed by Scope 2 emissions at 9.11%.a

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