MAS Holdings
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.
DitchCarbon Score
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.
Industry Average
Mean score of companies in the Apparel Production 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.
Industry Benchmark
MAS Holdings's score of 36 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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MAS Holdings's reported carbon emissions
In 2023, MAS Holdings reported total carbon emissions of approximately 1,346,040,000 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. Notably, Scope 3 emissions were significantly higher, amounting to about 2,171,336,490 kg CO2e. Over the years, MAS Holdings has shown fluctuations in its emissions. For instance, in 2022, total emissions were around 1,494,460,000 kg CO2e, with Scope 1 and 2 emissions both at approximately 149,446,000 kg CO2e. In 2021, the company reported similar Scope 1 and 2 emissions of about 156,420,000 kg CO2e each, while total emissions reached approximately 2,171,336,490 kg CO2e. Despite these figures, there are currently no specified reduction targets or initiatives disclosed by MAS Holdings. The company has not committed to Science-Based Targets Initiative (SBTi) reduction targets or other formal climate pledges, indicating a potential area for improvement in their climate strategy. Overall, MAS Holdings operates within the apparel and textile industry, which is under increasing scrutiny for its environmental impact, particularly regarding carbon emissions. The company’s emissions data highlights the need for robust climate commitments and reduction strategies to align with global sustainability goals.
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| 2016 | 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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 not participating in any of the initiatives that 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.
