MAS Holdings (Private) Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2020

Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

⚡
Renewable Energy
33%
of total energy

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2022149.4K tCO2e (2022)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce water consumption by 10% by 2025 (implied)

📅 Medium-term

  • Achieve 50% revenue from sustainable products by 2025
  • Achieve 25.2% absolute reduction in Scope 1 and Scope 2 emissions by 2025
  • 85% of suppliers by spend and 100% of joint ventures in Scope 3 investments will have science-based targets by 2025
  • Value enhance 100% of non-hazardous waste by 2025
  • Reduce water intensities by 65% by 2025

🔭 Long-term

  • Net zero emissions (implied)

🌱 ESG Focus Areas

Climate ChangeWomen's EmpowermentCircular EconomySupply Chain SustainabilityCommunity DevelopmentEmployee Well-being

⚠️ Challenges & Risks +

  • Global economic volatility and Sri Lanka's economic crisis impacted operations
  • Stringent EU regulations and anticipated US regulations on circular economy
  • Climate change, extreme weather events, and political instability disrupted supply chain
  • Lead times for change and evolving technologies for sustainable models
  • Competition in the sustainability space and navigating changing regulations

📋 Report Information

Reporting Period: 2023
Frameworks: GRI
Assurance: Ernst & Young