MAS Holdings Sustainability Profile
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 57% 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 2024, MAS Holdings reported total carbon emissions of approximately 140,455,140 kg CO2e. This figure includes 64,449,000 kg CO2e from Scope 1 emissions, 76,006,000 kg CO2e from Scope 2 emissions, and a significant 1,225,959,000 kg CO2e from Scope 3 emissions. The total emissions for 2023 were about 147,227,190 kg CO2e, while in 2022, emissions reached approximately 169,150,490 kg CO2e. This indicates a downward trend in total emissions over the past two years. Despite these figures, MAS Holdings has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company does not appear to have cascaded emissions data from a parent organization, as all reported data originates directly from MAS Holdings (Private) Limited. Overall, while MAS Holdings has made strides in reducing its emissions, the absence of formal reduction targets highlights an area for potential improvement in its climate commitments.
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| 2024 | |
|---|---|
| Scope 1 | 64,449,000 |
| Scope 2 | 76,006,000 |
| Scope 3 | 1,225,959,000 |
How Carbon Intensive is MAS Holdings's Industry?
How Carbon Intensive is MAS Holdings's Location?
MAS Holdings's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
MAS Holdings has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
