Public Profile

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.

35

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.

4

Industry Benchmark

MAS Holdings's score of 35 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.

95%

MAS Holdings's reported carbon emissions

In 2023, MAS Holdings reported total carbon emissions of approximately 134,604,000 kg CO2e, with Scope 1 and Scope 2 emissions each contributing the same amount. The company has consistently reported significant emissions over the years, with Scope 1 emissions peaking at about 156,420,000 kg CO2e in 2021 and Scope 2 emissions reaching approximately 156,420,000 kg CO2e in the same year. Despite these figures, MAS Holdings has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined reduction strategies suggests a need for enhanced climate commitments within the apparel industry, particularly as global pressure mounts for companies to address climate change proactively. Overall, while MAS Holdings has made strides in tracking emissions across various scopes, including Scope 3 emissions, which total approximately 2,171,336,490 kg CO2e, the lack of concrete reduction targets indicates an area for potential improvement in their sustainability efforts.

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2016201820192020202120222023
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. MAS Holdings's primary industry is Wearing apparel; furs (18), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. MAS Holdings is headquartered in LK, which has a rank of high, indicating high grid carbon 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 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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