In 2024, 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 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 10,400a | 10,300a | 11,100a | |
Total Scope 2 | ||||
Market-Based | 10,700a | 12,300a | 17,300a | |
Location-Based | 17,600a | 19,400a | 21,100a | |
Total Scope 3 | 170,700a | 156,700a | 167,000a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 3.8811a | 3.7985a | 4.215a |
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In 2024, the total operational greenhouse gas (GHG) emissions of SBA Communications amounted to 28,000 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 2023, the total operational greenhouse gas (GHG) emissions of SBA Communications decreased by 5.72%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of SBA Communications were 10,400 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, SBA Communications's Scope 1 emissions have increased by 79.31%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), SBA Communications's Scope 1 emissions remained relatively stable, indicating that SBA Communications's emissions have plateaued with no significant change in its operational footprint.a
In 2024, SBA Communications reported Scope 2 greenhouse gas (GHG) emissions of 10,700 tCO₂e using the market-based method and 17,600 tCO₂e using the location-based method.a
Since 2019, SBA Communications's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 28.47%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), 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
In 2024, SBA Communications reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, SBA Communications reported 170,700 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 2024 disclosure of SBA Communications includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, SBA Communications reported total Scope 3 emissions of 170,700 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 20.11% of these emissions originated from upstream activities such as purchased goods and capital goods, while 79.89% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, SBA Communications's Scope 3 emissions have increased by 546.59%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), 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
In 2024, SBA Communications reported emissions for 3 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.
In 2024, the largest contributors to SBA Communications's Scope 3 emissions were:a
In 2024, SBA Communications reported Scope 1 greenhouse gas (GHG) emissions of 10,400 tCO₂e and total revenues of USD 2,680 millions. This translates into an emissions intensity of 3.88 tCO₂e per millions USD.a
In 2024, SBA Communications reported a Scope 1 emissions intensity of 3.88 tCO₂e per millions USD. Compared to the peer group median of 7.32, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, SBA Communications ranked 10 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
In 2024, SBA Communications reported a total carbon footprint of 198,700 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.6% increase compared to 2023, 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 85.91% of the company's total carbon footprint, followed by Scope 2 emissions at 8.86%.a