Universal Display Corporation.
OLED.US | Research and experimental development on natural sciences and engineering
Universal Display Corporation is a leader in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and lighting applications. The company licenses its proprietary OLED technologies to manufacturers of OLED displays and l...Show More
Better Health for All
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No evidence was found in the provided articles to assess OLED.US against any of the KPIs for the 'Better Health for All' ethical value. The company's core business of developing and commercializing OLED technologies and materials for displays and lighting does not directly align with the health-related activities defined by this value, such as accessible medical treatments, preventative healthcare, or mental/physical wellness programs.
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The articles primarily discuss product specifications or general company information, without any data on health impact, safety records, accessibility, innovation in health, or any health-related programs or initiatives.
Fair Money & Economic Opportunity
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No evidence available to assess Universal Display Corporation on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
30
Universal Display Corporation reported a CEO to median employee pay ratio of 61:1 in 2024.
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The company is not part of any collective bargaining agreements as of 2023.
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The Total Recordable Incident Rate (TRIR) was 0.3 in 2023, with zero fatalities for employees and contractors from 2021-2023, and no OSHA citations from 2021-2023.
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An employee survey in October 2023 showed an engagement score of 9 out of 10, with 76% participation.
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The voluntary employee turnover rate was 8.9% in 2023.
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The company reported zero substantiated labor-law or human-rights violations in the past three years.
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Universal Display Corporation provides comprehensive health insurance, including medical, prescription drug, dental, and vision coverage for employees and their families.
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Fair Trade & Ethical Sourcing
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No evidence available to assess Universal Display Corporation on Fair Trade & Ethical Sourcing.
Honest & Fair Business
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No specific, quantitative evidence was found in the provided articles to assess Universal Display Corporation against the defined KPIs for Honest & Fair Business. The articles describe the company's Audit Committee Charter (ratified April 2022) and Code of Ethics & Business Conduct (last revised April 8, 2025), outlining policies for compliance, conflicts of interest, anti-bribery, and reporting procedures with protection against retaliation.
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However, these documents do not provide measurable data such as regulatory fines, transparency index scores, whistleblower program effectiveness metrics, financial restatements, audit coverage percentages, ESG controversy scores, complaint resolution times, board independence percentages, or the extent of third-party verification of ethical claims.
Kind to Animals
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The provided articles do not contain specific, quantifiable data points related to Universal Display Corporation's performance on animal welfare, cruelty-free certifications, animal testing, ethical sourcing of animal-derived ingredients, or wildlife conservation impact. The 2023 Corporate Social Responsibility Report Summary () explicitly states it does not contain data directly quantifiable for 'Kind to Animals' metrics.
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Supply chain information (Articles , ) details general ESG compliance and audits for human rights, child labor, conflict minerals, health, safety, environmental sustainability, intellectual property, and criminal violations, but does not mention animal welfare audits or practices.
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No other article provides relevant information for any of the 'Kind to Animals' KPIs.
No War, No Weapons
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No data relevant to OLED.US's association with arms manufacturing, military contracts, or conflict facilitation was found in the provided articles to assess against the 'No War, No Weapons' value.
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Planet-Friendly Business
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In 2024, the company's total Scope 1 and 2 emissions were 5,778 metric tons of CO₂e.
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Scope 3 emissions data is not provided.
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The company's total Scope 1 and 2 emissions increased from 5,329 metric tons in 2023.
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In 2024, 11.7 million kWh of electricity was offset by Renewable Energy Certificates (RECs), representing 78% of the company's 15.0 million kWh electricity consumption.
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Water consumption was 5.6 million gallons in 2024, and with a revenue of $648 million, this equates to approximately 32.71 m³ per $1 million revenue.
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The waste diversion rate from landfill was 74% in 2024.
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The company reported one environmental compliance violation in 2024, which resulted in a $13,303 fine for a waste labeling issue, with corrective action taken.
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Respect for Cultures & Communities
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The company has no reported cultural appropriation incidents.
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It has an online process administered by a third-party for employees to report concerns anonymously and without fear of retaliation, which serves as a grievance mechanism.
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However, this is an internal employee mechanism, not explicitly for community stakeholders, thus it does not meet the criteria for community-specific grievance mechanisms. The company states that 100% of employees complete annual Code of Conduct training and receive regular training for diversity and inclusion, but it does not specify the completion rate for cultural sensitivity training.
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The company's business model, focused on R&D and licensing, does not appear to involve direct operations that would typically impact cultural contexts or require specific protocols for cultural impact assessment, FPIC processes, or cultural site protection. There is no evidence regarding formal partnerships with indigenous or local community groups, local employment ratios, community governance inclusion, cultural preservation investment, local procurement share, indigenous supplier count, social license to operate, charitable giving specifically for cultural heritage, community fund allocation, language inclusivity, or average complaint resolution times for community concerns.
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Safe & Smart Tech
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The company's privacy policy states that users can access, modify, and delete their personal information.
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It also indicates that data is retained only as necessary, without specifying retention periods or the extent of data collection.
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The company's policy is to comply with applicable data protection laws, including GDPR and CCPA, and job descriptions mention compliance with SOX and ISO 27001.
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Zero Waste & Sustainable Products
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Universal Display Corporation (UDC) achieved a 66.37% waste diversion rate at its Ewing, NJ HQ Campus in 2023, diverting 227 tons of single-stream recycling from 342 tons of total waste.
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The company implemented a composting program for food waste and compostable materials in its cafeteria, uses reusable tumblers, and provides beverages from dispensers to eliminate cans and bottles.
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UDC carefully manages chemicals and other hazardous materials, aiming to reduce quantity and toxicity through inventory management and less harmful alternatives, and minimizes, reuses, and recycles hazardous, universal, and non-hazardous wastes where possible.
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UDC's products are RoHS compliant and do not use conflict minerals.
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The company reported no environmental fines, penalties, or settlements in 2023 and no Notice of Violations (NOVs) in 2018.
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