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 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.
MAS Holdings's score of 31 is higher than 88% 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 carbon emissions of approximately 134,604,000 kg CO2e from Scope 1 and 2 sources, alongside a significant Scope 3 emission total of about 2,171,336,490 kg CO2e. This reflects a continued commitment to transparency in their carbon footprint, although specific reduction targets or initiatives have not been disclosed. Over the years, MAS Holdings has shown fluctuations in emissions, with a peak in 2021 at approximately 156,420,000 kg CO2e for Scope 1 and 2 emissions. The company has not established formal reduction targets under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for future commitment. The company’s emissions data highlights the importance of addressing both direct (Scope 1 and 2) and indirect (Scope 3) emissions, particularly in the apparel industry, where supply chain impacts can be substantial. As MAS Holdings continues to navigate its climate commitments, the focus on reducing its carbon intensity in manufacturing operations will be crucial for aligning with global sustainability goals.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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 committed to any 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.