Better Health for All

SBA Communications' core business of wireless communications infrastructure plays a crucial role in supporting telemedicine, enabling healthcare providers to deliver services to underserved areas, which constitutes a significant positive health impact.

The company also indirectly enhances public health through its sustainability efforts, having invested $35 million in solar installations that produced over 25 MW of renewable energy in 2022, reducing CO2 emissions by 10,000 metric tons annually.

Fair Money & Economic Opportunity

SBA Communications Corp operates as a Real Estate Investment Trust focused on wireless communications infrastructure.

The company's business model involves leasing space for wireless providers and site development services, not direct involvement in financial services. Therefore, all KPIs related to financial fairness and economic opportunity, such as lending, pricing, fee exposure, and financial literacy, are not applicable to its operations.

Fair Pay & Worker Respect

The company reported a global total recordable incident rate (TRC) of 0.7

and a U.S. subcontractor TRC of 0.6 in 2024. There have been no work-related fatalities among SBA team members for the past 21 years, and zero fatalities among domestic subcontractors in the past three years. In 2024, 18% of the global workforce was represented by labor unions and covered by collective bargaining agreements. The employee turnover rate in 2024 was 18.8%.

Fair Trade & Ethical Sourcing

SBA Communications Corporation does not directly engage in the sourcing of physical raw materials, as its operations focus on leasing and managing wireless infrastructure.

This means it does not procure or trade physical commodities, nor does it have supply chain tiers to map for provenance or material risk. The company emphasizes ethical sourcing through its Vendor Code of Conduct, which mandates compliance with labor practices and anti-bribery standards. It conducts supplier audits, utilizing third-party firms to ensure compliance with these standards.

Honest & Fair Business

In 2024, the company faced $63.1 million in penalties and interest related to a current assessment in Brazil.

It has not incurred material expenses from cybersecurity breaches, penalties, or settlements in the past three years. The company's 10-K filings for 2018, 2023, and 2024 indicate zero financial restatements. A comprehensive anti-corruption policy is in place, complying with U.S. and non-U.S. anti-bribery laws, including the FCPA. This policy applies to all directors, officers, and employees, who are required to annually certify their compliance. It includes a gift value threshold of US$250 and a Vendor Code of Conduct with third-party reviews and audits. A separate Code of Ethics applies to senior financial officers. The company has a non-retaliation whistleblower policy for good faith reporting of Code of Conduct violations, offering anonymous reporting options and specific phone numbers for multiple countries. Complaints are reviewed under the direction of the General Counsel, and the Audit Committee has procedures for confidential, anonymous submission of accounting or auditing concerns; however, there is no evidence of independent investigation processes for these complaints.

Kind to Animals

SBA Communications Corporation's core business as a wireless communications infrastructure owner and operator means that most animal welfare KPIs, such as cruelty-free certification, animal testing, humane certifications for animal operations, ethical sourcing of animal inputs, and animal agriculture ethics, are not applicable to its operations. The company has implemented an Avian Protection Program, reviewing 5,385 work proposals in 2022

and 4,787 in 2020 to mitigate potential impacts on migratory birds and their habitats. It has also funded reforestation initiatives, planting over 5,000 seedlings in the Philippines and Brazil over the past two years. The company ensures compliance with environmental laws to minimize habitat disruption during site selection, development, and operation.

No War, No Weapons

SBA Communications Corporation's core business is owning and operating wireless communications infrastructure, primarily serving civilian providers.

Its major revenue streams are not heavily tied to defense or arms contracts. While the company has indirect involvement in supporting military communications and defense transportation directives, this is described as logistical efficiency in defense contexts and does not indicate exposure to weapons. No specific, quantifiable evidence was found for other KPIs related to arms contracts, dual-use technology, sales to embargoed regimes, peacebuilding investment, or other defense-related activities.

Planet-Friendly Business

The company's total Scope 1, 2 (market-based), and 3 greenhouse gas emissions in 2024 were 191.7 thousand metric tonnes, an increase of 6.91% from 2023.

It has set near-term science-based targets validated by the Science Based Targets initiative (SBTi) to reduce absolute Scope 1 and 2 GHG emissions by 54.6% and Scope 3 emissions by 32.5% by FY2033 from a FY2023 base year. In 2024, 47% of the company's total electricity consumption was sourced from renewables. The waste diversion rate in 2024 was 13.38%, with 80 metric tonnes recycled out of 598 metric tonnes of total waste. The company has not received any notices of violation or significant environmental enforcement actions for the past 15 years. It adheres to the Task Force on Climate-related Financial Disclosures (TCFD) recommendations for its 2023 climate-related disclosures. The company uses climate-related scenario analysis, assessing assets against physical and transition risks under four diverse climate scenarios between 2020 and 2100, and leverages a proprietary tool to quantify potential financial impacts. Less than 1% of its global water consumption is withdrawn from regions with High or Extremely High Baseline Water Stress.

Safe & Smart Tech

SBA Communications Corporation has not experienced a material cybersecurity breach in the past three years.

The company reports a 100% completion rate for annual cybersecurity training, which also includes quarterly phishing awareness training for all team members and advanced exercises for leadership. Its cybersecurity policies are based on the NIST Cybersecurity Framework, and it complies with specific California Civil Code sections. The company provides users with strong data control options, including rights to access, change, delete, object to processing, data portability, and revocation of consent. It uses HTTPS protocol for website protection and has no documented incidents of unauthorized data use. However, ISO 27001:2013 certification is limited to one data center, indicating a narrow scope for company-wide certification. The company does not directly handle consumer data or engage in AI development, leading to the omission of several AI-related KPIs.