Universal Display Corporation Named To Newsweeks List Of Americas Greenest Companies 2024

By Author: Orson Amiri
Total Articles: 401
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Universal Display Corporation (UDC), known for its UniversalPHOLED® technology and materials enabling energy-efficient displays and lighting, has earned a place on Newsweek's list of America's Greenest Companies 2024. UDC achieved a 4.5-star rating out of 5, positioning it among the top 300 environmentally responsible companies in the United States.

UDC's President and CEO, Steven V. Abramson, expressed his satisfaction with this recognition, highlighting the company's commitment to sustainability and its contribution to a greener, more energy-efficient world. UDC's phosphorescent OLED materials and technology play a significant role in improving performance and reducing power consumption in OLED displays worldwide. Additionally, the company is set to introduce a groundbreaking phosphorescent blue, expected to further enhance efficiency and performance across various OLED applications.

Newsweek collaborated with research firm Plant-A Insights and GIST Impact to create the America's Greenest Companies list, evaluating 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 to innovate and contribute to a sustainable, low-carbon future through its technological advancements and environmental stewardship.

For more information about UDC's corporate social responsibility commitment, visit their website: https://ir.oled.com/shareholders/Corporate-Responsibility/default.aspx.

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