MAS Holding’s 2030 roadmap sets out “more ambitious targets” than its original Plan for Change introduced in 2020, on which MAS reports progress towards interim sustainability objectives.

Central to the updated Plan for Change is a commitment that 75% of MAS’ revenue will come from sustainable products by 2030. This new target represents a 25% increase from its previous goal set for 2025.

The company’s new commitments also include prioritising support for childcare and eldercare to address the unequal care responsibilities faced by women, alongside an increased focus on climate adaptation in vulnerable communities.

MAS group sustainable business director Nemanthie Kooragamage said: “This plan is built on the same discipline we apply to our core business strategies, guided by science and informed by emerging risks. By embedding future-focused thinking into everything we do, we are committing to measurable action that will transform how products are made, how lives are strengthened, and how the planet is restored.”

Key insights from MAS’ Plan for Change 2030

Planet: The Planet pillar outlines a plan to reduce absolute greenhouse gas emissions by 80% across the company’s operations and achieve a 46.2% reduction in Scope 3 emissions from a 2019 baseline by 2030.

Additional environmental initiatives involve maximising the reuse and value recovery of non-hazardous waste, eliminating harmful chemicals from production processes, ensuring water availability for both manufacturing use and local communities and reforestation and biodiversity projects beyond the company's operational footprint.

Product: MAS is focusing on textile-to-textile recycling and closed-loop systems to reduce end-of-life garment waste.

The company plans to increase the use of high-performance textiles from non-finite resources and expand the use of regeneratively grown natural fibres.

Lives: With women comprising about 70% of its workforce across multiple countries, MAS aims to provide enhanced support for childcare and eldercare. It plans to further wellbeing initiatives that aim to ensure employees can thrive both within and outside the workplace.

Additional priorities under this pillar include strengthening diversity, equity, and inclusion across all operations.

In September this year, the company announced its goal to achieve a net-zero target by 2048, ahead of the global benchmark for 2050.