Universal Display Corporation
12/09/2024 | Press release | Distributed by Public on 12/09/2024 15:34
Universal Display Corporation Named to Newsweek’s America’s Most Responsible Companies 2025
EWING, N.J.--(BUSINESS WIRE)-- Universal Display Corporation (Nasdaq: OLED) (UDC), enabling energy-efficient displays and lighting with its UniversalPHOLED ® technology and materials, announced today that the Company was named to Newsweek's list of America's Most Responsible Companies 2025. Universal Display was recognized as one of the top 600 most responsible companies in the United States based on thirty key performance indicators. This is the fourth time Newsweek has named UDC to the list.
"We are proud to once again be recognized by Newsweek as one of America's Most Responsible Companies," said Steven V. Abramson, President and Chief Executive Officer of Universal Display Corporation. "This acknowledgment underscores UDC's commitment to innovation, sustainability and corporate social responsibility. This achievement also reflects the dedication of our employees worldwide, who work tirelessly to uphold our core values of inventiveness, integrity, inclusion and collaboration. Through groundbreaking OLED advancements, strong business practices and community-focused initiatives, we strive to drive positive change for our stakeholders."
Newsweek partnered with Statista to recognize the top 600 most responsible companies in the United States. America's Most Responsible Companies were selected from the 2,000 largest publicly traded companies headquartered in the U.S. Each winner received scores based on the three pillars of ESG-environmental, social and corporate governance concerns. These three scores were combined to assess the company's overall corporate social responsibility score. The analysis is based on data from 30 key performance indicators, such as energy usage and charitable donations, as well as a reputation survey of more than 26,000 U.S. consumers. For more details on the methodology, please visit https://d.newsweek.com/en/file/474690/methodology-americas-most-responsible-companies-2025.pdf.
For more information about Universal Display Corporation's corporate social responsibility commitment, please visit https://ir.oled.com/shareholders/Corporate-Responsibility/default.aspx.
About Universal Display Corporation
Universal Display Corporation (Nasdaq: OLED) is a leader in the research, development and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications. Founded in 1994 and with subsidiaries and offices around the world, the Company currently owns, exclusively licenses or has the sole right to sublicense more than 6,000 patents issued and pending worldwide. Universal Display licenses its proprietary technologies, including its breakthrough high-efficiency UniversalPHOLED® phosphorescent OLED technology that can enable the development of energy-efficient and eco-friendly displays and solid-state lighting. The Company also develops and offers high-quality, state-of-the-art UniversalPHOLED materials that are recognized as key ingredients in the fabrication of OLEDs with peak performance. In addition, Universal Display delivers innovative and customized solutions to its clients and partners through technology transfer, collaborative technology development and on-site training. To learn more about Universal Display Corporation, please visit https://oled.com/.
Universal Display Corporation and the Universal Display Corporation logo are trademarks or registered trademarks of Universal Display Corporation. All other Company, brand or product names may be trademarks or registered trademarks.
All statements in this document that are not historical, such as those relating to the projected adoption, development and advancement of the Company's technologies, and the Company's expected results, as well as the growth of the OLED market and the Company's opportunities in that market, are forward-looking financial statements within the meaning of the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on any forward-looking statements in this document, as they reflect Universal Display Corporation's current views with respect to future events and are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated. These risks and uncertainties are discussed in greater detail in Universal Display Corporation's periodic reports on Form 10-K and Form 10-Q filed with the Securities and Exchange Commission, including, in particular, the section entitled "Risk Factors" in Universal Display Corporation's Annual Report on Form 10-K for the year ended December 31, 2023. Universal Display Corporation disclaims any obligation to update any forward-looking statement contained in this document.
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