MAS Holdings, a leading apparel and textile manufacturer, is headquartered in Sri Lanka (LK) and operates extensively across South Asia and beyond. Founded in 1987, the company has established itself as a key player in the garment industry, specialising in innovative design, manufacturing, and supply chain solutions. With a diverse portfolio that includes intimate apparel, activewear, and sportswear, MAS Holdings is renowned for its commitment to sustainability and ethical practices. The company has achieved significant milestones, including partnerships with global brands and recognition for its eco-friendly initiatives. As a pioneer in the industry, MAS Holdings continues to excel in delivering high-quality products while maintaining a strong market position, making it a preferred choice for brands seeking reliable and responsible manufacturing solutions.
How does MAS Holdings's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
MAS Holdings's score of 40 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, MAS Holdings reported total carbon emissions of approximately 2,217,133,490 kg CO2e, with Scope 1 emissions at about 134,604,000 kg CO2e and Scope 2 emissions also at approximately 134,604,000 kg CO2e. The company has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 25.2% by 2025, using 2019 as the base year. Additionally, MAS Holdings is committed to ensuring that 85% of its suppliers by spend and 100% of joint ventures in Scope 3 investments will have science-based targets by 2025. Over the years, MAS Holdings has seen fluctuations in its emissions, with total emissions recorded at approximately 122,337,000 kg CO2e in 2018 and peaking at about 122,337,000 kg CO2e in 2019. The company is also committed to achieving net-zero emissions across all scopes by 2050, reflecting its dedication to sustainable practices within the textiles and apparel industry.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2016 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | 18,822,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 74,502,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
MAS Holdings is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.