Universal Display
Universal Display Corporation, commonly referred to as UDC, is a leading innovator in the OLED (Organic Light Emitting Diode) technology sector. Headquartered in the United States, UDC operates primarily in North America, Asia, and Europe, serving a global clientele. Founded in 1994, the company has achieved significant milestones, including the development of proprietary phosphorescent OLED technology, which enhances energy efficiency and display quality. UDC's core offerings include OLED materials and technologies that are pivotal in the production of high-performance displays for televisions, smartphones, and other electronic devices. Their unique approach to OLED technology has positioned them as a market leader, with notable achievements such as partnerships with major display manufacturers. With a commitment to innovation and sustainability, Universal Display continues to shape the future of display technology.
DitchCarbon Score
How does Universal Display's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Computer Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Universal Display's score of 29 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Universal Display's reported carbon emissions
In 2023, Universal Display Corporation reported total carbon emissions of approximately 5,329,000 kg CO2e, comprising 912,000 kg CO2e from Scope 1 and 4,417,000 kg CO2e from Scope 2 emissions. This represents an increase from 2022, where emissions were about 3,085,000 kg CO2e, with Scope 1 emissions at 646,000 kg CO2e and Scope 2 emissions at 2,439,000 kg CO2e. The company has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. However, it continues to monitor and report its emissions, indicating a commitment to transparency in its climate impact. Overall, Universal Display's emissions data highlights the ongoing challenges in reducing carbon footprints within the industry, as the company navigates its operational impacts while striving for sustainability.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 550,000 | 000,000 | 000,000 |
| Scope 2 | 2,602,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Universal Display is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
