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 27 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 a notable increase from 2022, where emissions were about 3,085,000 kg CO2e, with Scope 1 at 646,000 kg CO2e and Scope 2 at 2,439,000 kg CO2e. Despite the increase in emissions, there are currently no publicly disclosed reduction targets or initiatives from Universal Display aimed at decreasing their carbon footprint. The company has not committed to any specific climate pledges or science-based targets, indicating a potential area for future improvement in their sustainability strategy. As a leader in the display technology industry, Universal Display's emissions profile highlights the importance of addressing carbon emissions in alignment with global climate goals.
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Access structured emissions data, company-specific emission factors, and source documents
| 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 committed to any reduction initiatives 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.
