MAS Holdings launches Foundation for Change
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Trash collected at one of the Ocean Strainer trash traps set up by MAS
MAS Holdings, the largest apparel tech company in South Asia, has announced the launch of 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 in 2021, the Plan for Change encompasses 12 commitments under the focus areas of Products, Lives and Planet, the company said in a media release.
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.”
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.
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