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Universal Display Corp

Common Name
Universal Display
Country
United States
Sector
Technology
Industry
Electronic Components
Employees
468
Ticker
OLED
Exchange
NASDAQ/NGS
Website
oled.com
Description
Universal Display Corporation operates as a key player within the technology sector, focusing on the development and commercialization of organic light emitting diode (OLED) technologies and materials...

Universal Display's GHG Emissions Data Preview

In 2024, Universal Display completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).

However, Universal Display has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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a
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b
0000000
Total Scope 2
Unspecified Calculation Method
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a
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a
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b
0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
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b
0000000
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$curl "https://tracenable.com/api/v1/ghg-emissions/absolute?ticker=OLED&reporting_period=2024"

Verified Sources Behind Universal Display’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Universal Display’s data sources below and access millions more through our Disclosure Search.

a. Universal Display's Corporate Responsibility Report (CRR) 2024
a. Universal Display's Corporate Responsibility Report (CRR) 2024
b. Universal Display's CSR Report 2023
b. Universal Display's CSR Report 2023

Insights into Universal Display's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofUniversal Display amounted to5,778metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Universal Displayincreased by 8.43%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Universal Display's Scope 1 Emissions Over Time

202120222023202403006009001.2 ktCO2e+17%+41%+15%
  • Total Scope 1
  • Year-over-Year Change

What are Universal Display's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Universal Display were 1,052 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Universal Display reduced its Scope 1 emissions over time?

Since 2021, Universal Display's Scope 1 emissions have increased by 91.27%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), Universal Display's Scope 1 emissions increased by 15.35%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Universal Display's Scope 2 emissions?

In 2024, Universal Display reported Scope 2 greenhouse gas (GHG) emissions of 4,726 tCOâ‚‚e without specifying the calculation method.a

Has Universal Display reduced its Scope 2 emissions over time?

Since 2021, Universal Display's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have increased by 81.63%, reflecting a rising long-term trend in Scope 2 emissions over time.ab

Compared to the previous year(2023), Universal Display's Scope 2 emissions(Unspecified Calculation Method) have remained relatively stable, indicating that Universal Display's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Universal Display use for Scope 2 reporting?

In 2024, Universal Display reported its Scope 2 emissions using an unspecified methodology.a

Universal Display's Scope 2 Emissions Over Time

202120222023202401.5 k3 k4.5 k6 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Universal Display’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Universal Display reported Scope 1 greenhouse gas (GHG) emissions of 1,052 tCOâ‚‚e and total revenues of USD 648 millions. This translates into an emissions intensity of 1.62 tCOâ‚‚e per millions USD.a

Universal Display's Scope 1 Emissions Intensity Compared to Peers

0.5201,00050,0002,000,000Scope 1 Emissions (tCO2e)202002,00020,000100,000Revenues (Millions of USD)OTJabilYear: 2024Scope 1: 28,996 tCO2eRevenue: $M 28,883Scope 1 Intensity: 1.00 tCO2e/$MOOOSI SystemsYear: 2025Scope 1: 11,506 tCO2eRevenue: $M 1,713Scope 1 Intensity: 6.72 tCO2e/$MCorningYear: 2024Scope 1: 662,190 tCO2eRevenue: $M 13,118Scope 1 Intensity: 50.48 tCO2e/$MPagerDutyYear: 2024Scope 1: 32 tCO2eRevenue: $M 468Scope 1 Intensity: 0.07 tCO2e/$MPAR TechnologyYear: 2024Scope 1: 438 tCO2eRevenue: $M 350Scope 1 Intensity: 1.25 tCO2e/$MSanminaYear: 2021Scope 1: 137,418 tCO2eRevenue: $M 6,738Scope 1 Intensity: 20.39 tCO2e/$MImpinjYear: 2023Scope 1: 53 tCO2eRevenue: $M 307Scope 1 Intensity: 0.17 tCO2e/$MPlexusYear: 2024Scope 1: 7,950 tCO2eRevenue: $M 3,961Scope 1 Intensity: 2.01 tCO2e/$MAmphenolYear: 2024Scope 1: 42,271 tCO2eRevenue: $M 15,223Scope 1 Intensity: 2.78 tCO2e/$MFlexYear: 2024Scope 1: 78,935 tCO2eRevenue: $M 26,415Scope 1 Intensity: 2.99 tCO2e/$MLife360Year: 2021Scope 1: 0 tCO2eRevenue: $M 71Scope 1 Intensity: 0.00 tCO2e/$MTeradataYear: 2024Scope 1: 359 tCO2eRevenue: $M 1,750Scope 1 Intensity: 0.21 tCO2e/$MLittelfuseYear: 2024Scope 1: 35,110 tCO2eRevenue: $M 2,191Scope 1 Intensity: 16.03 tCO2e/$MTTTTM TechnologiesYear: 2024Scope 1: 16,996 tCO2eRevenue: $M 2,443Scope 1 Intensity: 6.96 tCO2e/$MFormFactorYear: 2020Scope 1: 6,188 tCO2eRevenue: $M 694Scope 1 Intensity: 8.92 tCO2e/$MnCinoYear: 2024Scope 1: 2,749 tCO2eRevenue: $M 541Scope 1 Intensity: 5.08 tCO2e/$MIngram Micro HoldingYear: 2024Scope 1: 8,847 tCO2eRevenue: $M 47,977Scope 1 Intensity: 0.18 tCO2e/$MAvnetYear: 2024Scope 1: 8,204 tCO2eRevenue: $M 23,759Scope 1 Intensity: 0.35 tCO2e/$MESCO TechnologiesYear: 2024Scope 1: 5,996 tCO2eRevenue: $M 1,027Scope 1 Intensity: 5.84 tCO2e/$MnLIGHTYear: 2019Scope 1: 400 tCO2eRevenue: $M 177Scope 1 Intensity: 2.26 tCO2e/$MRogersYear: 2024Scope 1: 21,466 tCO2eRevenue: $M 830Scope 1 Intensity: 25.86 tCO2e/$MNovantaYear: 2024Scope 1: 3,027 tCO2eRevenue: $M 949Scope 1 Intensity: 3.19 tCO2e/$MCalixYear: 2023Scope 1: 145 tCO2eRevenue: $M 1,040Scope 1 Intensity: 0.14 tCO2e/$MSynapticsYear: 2023Scope 1: 212 tCO2eRevenue: $M 1,355Scope 1 Intensity: 0.16 tCO2e/$MUniversal DisplayYear: 2024Scope 1: 1,052 tCO2eRevenue: $M 648Scope 1 Intensity: 1.62 tCO2e/$M

How does Universal Display's GHG emissions intensity compare to its peers?

In 2024, Universal Display reported a Scope 1 emissions intensity of 1.62 tCOâ‚‚e per millions USD. Compared to the peer group median of 2.52, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Universal Display rank on GHG emissions intensity within its industry?

In 2024, Universal Display ranked 11 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Universal Display is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

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