MAS Holdings launches Foundation for Change | Sunday Observer

MAS Holdings launches Foundation for Change

19 June, 2022

MAS Holdings, the Sri Lankan based design-to-delivery solutions provider,    has launched the ‘MAS Foundation for Change’, an independent non-profit organisation aimed at tackling the social and environmental challenges faced due to biodiversity loss, ocean pollution, and lack of access to clean water.

The creation of the MAS Foundation for Change is an extension of the actions implemented by the company-wide sustainability strategy, Plan for Change. Introduced last year, the Plan for Change encompasses 12 commitments under the focus areas of Products, Lives and Planet.

MAS Group Chief Executive Officer, Suren Fernando said, “The Plan for Change itself is an ambitious plan, and yet the world today is rife with challenges that require solutions of a scale that cannot be achieved by one organisation alone. While we at MAS will keep working to achieve our Plan for Change commitments, we also know that the challenges our world faces require solutions developed through collaboration, innovation, and scale. That is why we have established the MAS Foundation for Change, to expand and accelerate our efforts by building partnerships with program implementers, innovators, and donors.”

In its inaugural year, the Foundation will focus on the expansion of the ‘Ocean Strainer’ pilot floating trash trap project introduced by MAS in 2020, in collaboration with customers and other like-minded partners, as well as scaling up biodiversity restoration initiatives through reforestation, invasive species removal and enrichment.     

The MAS Foundation for Change establishes a unique operational mechanism in which 100% of donor funding is directed towards projects in the field, with MAS absorbing all overhead costs. The distinctive model has already attracted global and local partners, including the International Union for the Conservation of Nature (IUCN), Parley for the Oceans, the Laudato Si Challenge Foundation, Solar Impulse (part of Sail Lanka Yachting Group), Clean Ocean Force Lanka, and the Galle Conservation Society.

The MAS Foundation for Change will be led by a Board of Directors, including Rajitha Jayasuriya, Group Director – Corporate Affairs at MAS Holdings and Sid Amalean, Head of Sustainable Business at MAS Holdings. Interested parties are invited to get in touch with the MAS Foundation for Change at [email protected]

MAS Holdings, the largest apparel tech company in South Asia, is among the most recognised design-to-delivery solution providers in apparel and textile manufacturing. Home to a community of over 110,000 people, today, MAS spans across manufacturing plants in 15 countries, with established design locations placed in key style centers across the world.

Catering to the demands of a dynamic and ever-changing industry, the MAS portfolio has expanded exponentially; into brands, wearable technology, FemTech, start-ups and fabric parks worldwide.