Press release
Universal Display Corporation Named to Newsweek’s List of America’s Greenest Companies 2024
EWING, N.J.--(BUSINESS WIRE)-- Universal Display Corporation (Nasdaq: OLED) (UDC), enabling energy-efficient displays and lighting with its UniversalPHOLED®
About this update from Universal Display Corporation
[{"type":"text","content":" EWING, N.J.--(BUSINESS WIRE)--\nUniversal Display Corporation (Nasdaq: OLED) (UDC), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, announced today that UDC was named to Newsweek’s list of America's Greenest Companies 2024. Universal Display Corporation achieved a rating of 4.5 out of 5 stars, which places UDC among the top 300 companies in the United States for its commitment to being good stewards of the environment.\n\n\n“We are pleased to be recognized in Newsweek’s first ranking of America’s Greenest Companies for our efforts in positively managing UDC’s sustainability footprint,” said Steven V. Abramson, President and Chief Executive Officer of Universal Display Corporation. “Making a greener, more energy-efficient world is at the core of what we do, both as a company and with the groundbreaking materials and technology we discover, develop and commercialize. With our high-performing, highly efficient phosphorescent OLED materials and technology and our ever-broadening portfolio of increasingly efficient UniversalPHOLED® materials, we are enabling incredible performance and lower power consumption in OLED displays around the world. On the horizon is the commercial market introduction of our groundbreaking phosphorescent blue that is expected to further extend efficiency and enhance performance across a broad range of OLED applications. With drive, purpose and innovation, we continuously endeavor to contribute to a more sustainable and low-carbon future.”\n\n\nNewsweek partnered with market data research firm Plant-A Insights and GIST Impact, a leading impact data and analytics provider, to create the America’s Greenest Companies list, which analyzed organizations in the U.S. with a market capitalization of at least $5 billion. Companies were evaluated on a broad base of four criteria: greenhouse gas emissions, water usage, waste generation, and commitment and disclosures.\n\n\nFor more information about Universal Display Corporation’s corporate social responsibility commitment, please visit https://ir.oled.com/shareholders/Corporate-Responsibility/default.aspx.\n\n\nAbout Universal Display Corporation\nUniversal Display Corporation (Nasdaq: OLED) is a leader in the research, development and commercialization of organic light emitting diode (OLED) technologies and materia...