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 24 is lower than 58% 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 2,217,334,490 kg CO2e, with emissions distributed across various scopes: 46,289,320 kg CO2e (Scope 1), 88,315,210 kg CO2e (Scope 2), and a significant 2,171,336,490 kg CO2e (Scope 3). The combined total for Scope 1 and Scope 2 emissions was about 134,604,000 kg CO2e. Despite the substantial emissions figures, there are currently no specific reduction targets or climate pledges documented by MAS Holdings. The company has not disclosed any initiatives under the Science Based Targets initiative (SBTi) or other reduction frameworks. The emissions data is sourced directly from MAS Holdings (Private) Limited, with no cascaded data from a parent or related organization. The company operates within the apparel manufacturing sector, which is known for its significant carbon footprint, particularly in Scope 3 emissions related to supply chain activities. Overall, while MAS Holdings has made strides in transparency regarding its emissions, the absence of defined reduction targets highlights an area for potential improvement in its climate commitments.
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| 2023 | |
|---|---|
| Scope 1 | 46,289,320 |
| Scope 2 | 88,315,210 |
| Scope 3 | 2,171,336,490 |
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.
