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 66% 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 140.5 million kg CO2e. This figure includes Scope 1 emissions of about 64.4 million kg CO2e, Scope 2 emissions of approximately 76.0 million kg CO2e, and Scope 3 emissions amounting to about 1.2 billion kg CO2e. Over the previous years, MAS Holdings has seen a decline in total emissions, with 2023 emissions recorded at approximately 147.2 million kg CO2e and 2022 at about 169.2 million kg CO2e. This trend indicates a commitment to reducing their carbon footprint, although specific reduction targets or initiatives have not been disclosed. The company does not currently have any Science-Based Targets Initiative (SBTi) reduction targets or documented climate pledges. All emissions data is sourced directly from MAS Holdings (Private) Limited, with no cascaded data from parent or related organizations. MAS Holdings continues to focus on sustainability within the apparel industry, aiming to enhance its environmental performance while addressing the challenges of climate change.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | 00,000,000 |
| Scope 2 | - | - | - | - | - | 00,000,000 |
| Scope 3 | - | - | - | - | - | 0,000,000,000 |
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.
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