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) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 1,052a | 912a | 646b | |
Total Scope 2 | ||||
Unspecified Calculation Method | 4,726a | 4,417a | 2,439b | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 1.6242a | 1.5822a | 1.0476b |
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In 2024, the total operational greenhouse gas (GHG) emissions of Universal Display amounted to 5,778 metric 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 Display increased by 8.43%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Universal Display were 1,052 metric tons of CO₂ equivalent (tCO₂e).a
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
In 2024, Universal Display reported Scope 2 greenhouse gas (GHG) emissions of 4,726 tCO₂e without specifying the calculation method.a
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
In 2024, Universal Display reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Universal Display reported Scope 1 greenhouse gas (GHG) emissions of 1,052 tCO₂e and total revenues of USD 648 millions. This translates into an emissions intensity of 1.62 tCO₂e per millions USD.a
In 2024, Universal Display reported a Scope 1 emissions intensity of 1.62 tCO₂e per millions USD. Compared to the peer group median of 8.23, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Universal Display ranked 6 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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