Universal Display Sustainability Profile
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 52% 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 2024, Universal Display Corporation reported total carbon emissions of approximately 5,778,000 kg CO2e, comprising 1,052,000 kg CO2e from Scope 1 and 4,726,000 kg CO2e from Scope 2 emissions. This marks an increase from 2023, where total emissions were approximately 5,329,000 kg CO2e, with Scope 1 emissions at 912,000 kg CO2e and Scope 2 emissions at 4,417,000 kg CO2e. The company has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. Universal Display has not set specific reduction targets or initiatives as part of its climate commitments, nor does it appear to be part of any industry-standard climate initiatives such as SBTi or RE100. Overall, while Universal Display has made strides in emissions reporting, the absence of reduction targets suggests an opportunity for enhanced climate action and transparency in its sustainability efforts.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 550,000 | 000,000 | 000,000 | 0,000,000 |
| Scope 2 | 2,602,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - |
How Carbon Intensive is Universal Display's Industry?
How Carbon Intensive is Universal Display's Location?
Universal Display's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Universal Display has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Nanjing Topto Materials Co., Ltd.
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