3 focus areas of MAS Holdings' sustainability plan

MAS Holdings collectively dub these strategies ‘The Plan for Change’.

In a bid to become a more sustainable company, MAS Holdings unveiled its “The Plan For Change,” a strategy that aims to improve the company's operation in three key areas: Product, Lives, and Planet.

Under the plan, the apparel tech company aims to achieve twelve goals by 2025.

For the planet, MAS Holdings said it aims to reduce absolute scope 1 and 2 GHG emissions 25.2% by 2025 from a 2019 base year.

“The goal is in line with the 1.5°C target outlined in the Paris Agreement and was recently accepted by the Science-Based Target initiative (SBTi),” the company said.

The company has also committed to upcycling 100% of non-hazardous waste, being zero toxic in all products and processes, safeguarding water, and restoring biodiversity in 100x the space it occupies.

For its products, the company aims to increase its sustainable product offerings to 50% of its revenue by 2025.

To further promote diversity as inclusion in the workplace, MAS Holdings has offered programs such as Women Go Beyond which provides skill development, leadership development, and career advancement for women; “Talking Hands” initiatives which train non-impaired employees in sign language; and Rise Up with MAS which finances micro-businesses within localities where the company operates.

Meanwhile, the company also committed that 85% of its suppliers by spend and 100% of joint ventures in scope 3 investments, will have science-based targets by 2025.

“Whether it be climate disasters, overconsumption, inequality, wars, and pandemics, we have witnessed how prolonged, unchecked human activity has negatively impacted our industry and our world. That is why we have established this Plan as the blueprint to create positive change; and we are inspired by these ambitious goals that we have set for ourselves,” Sid Amalean, head of Sustainable Business, said.