Closing Chapter & Annexures
The next phase, and the disclosures behind it
2025 marks the launch of Plan for Change 2030 — alongside the assured data and frameworks that underpin this report.
The Next Phase Begins
From foundation to acceleration
2025 marks the formal launch of our Plan for Change 2030 — our next phase of ambition. Building on five years of momentum, the 2030 Plan sets clearer priorities, measurable outcomes, and stronger accountability across the Group.
Plan for Change 2030
Inspiring change beyond the good
Product
Create future-fit apparel
75% of revenue through sustainable products
Lives
Build resilient lives
Fair care, wellbeing, DEI and community resilience
Planet
Regenerate our world
80% absolute GHG reduction · 100× ecosystem restoration
Annexures
Data, frameworks and assurance
Supporting disclosures for the MAS Holdings Impact Report 2025, prepared in accordance with the GRI Standards and independently assured.
GRI Content Index
The third consecutive report prepared in accordance with the Global Reporting Initiative (GRI) Standards, with a full content index mapping disclosures across GRI 2, GRI 3 and material topics.
External Assurance Statement
For 2025, limited assurance was conducted by Ernst & Young, covering disclosures aligned with GRI Standards including GRI 2, GRI 3, and related material topics.
Reporting Period & Boundary
Covers 1 January – 31 December 2025, aligned with the financial reporting cycle. There were no changes to scope and no material restatements during the year.
UN Global Compact CoP
Since 2020, this report functions as MAS' Communication on Progress against the Ten Principles of the United Nations Global Compact.
External Assurance
Independently assured, in accordance with the GRI Standards
Statement of use
MAS Holdings (Private) Limited has reported in accordance with the GRI Standards for the period 1 January 2025 to 31 December 2025.
GRI 1 used · GRI 1: Foundation 2021
Assurance at a glance
Assurance provider
Ernst & Young (EY)
Standard
SLSAE 3000 (Revised)
Level
Limited assurance over EESG indicators
Criteria
GRI Sustainability Reporting Guidelines
Statement dated
12 June 2026, Colombo
Independence
Per the CA Sri Lanka Code of Ethics
Scope & notes
- The engagement covers MAS Capital (Private) Limited's Integrated Annual Report 2025.
- Newly adopted GRI 101: Biodiversity 2024 is applied for the first time this year.
- Some disclosures are omitted citing confidentiality constraints, as MAS is a privately held entity.