Universal Display Corporation (UDC), known for its UniversalPHOLED® technology, has earned a place on Newsweek's America's Greenest Companies 2024 list, achieving a 4.5-star rating. This recognition positions UDC among the top 300 environmentally conscious companies in the U.S., highlighting its commitment to sustainability.
Steven V. Abramson, President and CEO of UDC, expressed their satisfaction in being recognized for their efforts in managing the company's sustainability footprint. UDC's core mission is to contribute to a greener and more energy-efficient world, both through its corporate practices and the innovative materials and technology it develops. Their high-performing phosphorescent OLED materials and UniversalPHOLED® materials are contributing to enhanced performance and reduced power consumption in OLED displays globally. UDC is also poised to introduce groundbreaking phosphorescent blue technology that is expected to further enhance efficiency across various OLED applications.
Newsweek collaborated with research firms Plant-A Insights and GIST Impact to evaluate companies with a market capitalization of at least $5 billion based on criteria like greenhouse gas emissions, water usage, waste generation, and commitment to sustainability.
UDC continues its dedication to innovation and a sustainable, low-carbon future.
For more information about UDC's corporate social responsibility commitment, visit their website: https://ir.oled.com/shareholders/Corporate-Responsibility/default.aspx.