| Statement of use | MAS Holdings (Private) Limited has reported in accordance with the GRI Standards for the period 1 January 2024 to 31 December 2024. |
| GRI 1 used | GRI 1: Foundation 2021 |
| Applicable GRI Sector Standard (s) | N/A |
| GRI standard | Disclosure | Location | Omission | ||
| Requirement(s) omitted |
Reason | Explanation | |||
| General Disclosures | |||||
| GRI 2: General Disclosures 2021 | 2-1 Organisational details |
Background to the Report | |||
2-2 Entities included in the organisation’s sustainability reporting |
Background to the Report | ||||
2-3 Reporting period, frequency and contact point |
Background to the Report | ||||
2-4 Restatements of information |
Background to the Report | ||||
2-5 External assurance |
Background to the Report , External Assurance Statement | ||||
2-6 Activities, value chain and other business relationships |
The MAS Story | ||||
2-7 Employees |
Lives Changed for Good | ||||
2-8 Workers who are not employees |
Lives Changed for Good | ||||
2-9 Governance structure and composition |
The MAS Story | ||||
2-10 Nomination and selection of the highest governance body |
– | Confidentiality Constraints | MAS Holdings is a privately held company | ||
2-11 Chair of the highest governance body |
The MAS Story | ||||
2-12 Role of the highest governance body in overseeing the management of impacts |
Our Plan for Change | ||||
2-13 Delegation of responsibility for managing impacts |
The MAS Story, Our Plan for Change | ||||
| 2-14 Role of the highest governance body in sustainability reporting | Our Plan for Change | ||||
| 2-15 Conflicts of interest | The MAS Story | ||||
| 2-16 Communication of critical concerns | Our Plan for Change | ||||
| 2-17 Collective knowledge of the highest governance body | Our Plan for Change | ||||
| 2-18 Evaluation of the performance of the highest governance body | – | Confidentiality Constraints | MAS Holdings is a privately held company | ||
| 2-19 Remuneration policies | Lives Changed for Good, Our Approach to Lives Changed for Good | ||||
| 2-20 Process to determine remuneration | Lives Changed for Good, Our Approach to Lives Changed for Good | ||||
| 2-21 Annual total compensation ratio | Lives Changed for Good | ||||
| 2-22 Statement on sustainable development strategy | Message from Our Group CEO | ||||
| 2-23 Policy commitments | The MAS Story, Our Plan for Change | ||||
| 2-24 Embedding policy commitments | Our Plan for Change | ||||
| 2-25 Processes to remediate negative impacts | Lives Changed for Good | ||||
| 2-26 Mechanisms for seeking advice and raising concerns | Lives Changed for Good | ||||
| 2-27 Compliance with laws and regulations | Our Plan for Change | ||||
| 2-28 Membership associations | Our Plan for Change | ||||
| 2-29 Approach to stakeholder engagement | Our Plan for Change | ||||
| 2-30 Collective bargaining agreements | – | Confidentiality Constraints | MAS Holdings is a privately held company | ||
| Material Topics | |||||
| GRI 3: Material Topics 2021 | 3-1 Process to determine material topics | Our Plan for Change | |||
| 3-2 List of material topics | Our Plan for Change | ||||
| Procurement Practices | |||||
| GRI 3: Material Topics 2021 | 3-3 Management of material topics | Our Approach to Products Changed for Good | |||
| 204-1 Procurement practices | Confidentiality Constraints | MAS Holdings is a privately held company | |||
| Materials | |||||
| GRI 3: Material Topics 2021 | 3-3 Management of material topics | Our Approach to Products Changed for Good | |||
| GRI 301: Materials 2016 | 301-1 Materials used by weight or volume |
Products Changed for Good | Values are represented as percentages | ||
301-2 Recycled input materials used |
Products Changed for Good | Values are represented as percentages | |||
| Energy | |||||
| GRI 3: Material Topics 2021 | 3-3 Management of material topics | Our Approach to Our Planet Changed for Good | |||
| GRI 302: Energy 2016 | 302-1 Energy consumption within the organisation | Our Planet Changed for Good | |||
| 302-2 Energy consumption outside of the organisation | Our Planet Changed for Good | ||||
| 302-3 Energy intensity | Our Planet Changed for Good | ||||
| 302-4 Reduction of energy consumption | Our Planet Changed for Good | ||||
| 302-5 Reductions in energy requirements of products and services | Our Planet Changed for Good | ||||
| Water and Effluents | |||||
| GRI 3: Material Topics 2021 | 3-3 Management of material topics | Our Approach to Our Planet Changed for Good | |||
| GRI 303: Water and effluents 2018 | 303-1 Interactions with water as a shared resource | Our Planet Changed for Good | |||
| 303-2 Management of water discharge-related impacts | Our Planet Changed for Good | ||||
| 303-3 Water withdrawal | Our Planet Changed for Good | ||||
| 303-4 Water discharge | Our Planet Changed for Good | ||||
| 303-5 Water consumption | Our Planet Changed for Good | ||||
| Biodiversity | |||||
| GRI 3: Material Topics 2021 | 3-3 Management of material topics | Our Approach to Our Planet Changed for Good | |||
| GRI 304: Biodiversity 2016 | 304-1 Operational sites owned, leased, managed in, or adjacent to, protected areas and areas of high biodiversity value outside protected areas | Our Planet Changed for Good | |||
| 304-2 Significant impacts of activities, products and services on biodiversity | Our Planet Changed for Good | ||||
| 304-3 Habitats protected or restored | Our Planet Changed for Good | ||||
| Emissions | |||||
| GRI 3: Material Topics 2021 | 3-3 Management of material topics | Our Approach to Our Planet Changed for Good | |||
| GRI 305: Emissions 2016 | 305-1 Direct (Scope 1) GHG emissions | Our Planet Changed for Good | |||
| 305-2 Energy indirect (Scope 2) GHG emissions | Our Planet Changed for Good | ||||
| 305-3 Other indirect (Scope 3) GHG emissions | Our Planet Changed for Good | ||||
| 305-4 GHG emissions intensity | Our Planet Changed for Good | ||||
| 305-5 Reduction of GHG emissions | Our Planet Changed for Good | ||||
| 305-6 Emissions of ozone-depleting substances (ODS) | Our Planet Changed for Good | ||||
| 305-7 Nitrogen oxides (NOx), sulphur oxides (SOx), and other significant air emissions | Our Planet Changed for Good | ||||
| Waste | |||||
| GRI 3: Material Topics 2021 | 3-3 Management of material topics | Our Approach to Our Planet Changed for Good | |||
| GRI 306: Waste 2020 | 306-1 Waste generation and significant waste-related impacts | Our Planet Changed for Good | |||
| 306-2 Management of significant waste-related impacts | Our Planet Changed for Good | ||||
| 306-3 Waste generated | Our Planet Changed for Good | ||||
| 306-4 Waste diverted from disposal | Our Planet Changed for Good | ||||
| 306-5 Waste directed to disposal | Our Planet Changed for Good | ||||
| Supplier Environmental Assessment | |||||
| GRI 3: Material Topics 2021 | 3-3 Management of material topics | Our Approach to Products Changed for Good | |||
| GRI 308: Supplier Environmental Assessment 2016 | 308-1 New suppliers that were screened using environmental criteria | Products Changed for Good | |||
| Employment | |||||
| GRI 3: Material Topics 2021 | 3-3 Management of material topics | Our Approach to Lives Changed for Good | |||
| GRI 401: Employment 2016 | 401-1 New employee hires and employee turnover | Lives Changed for Good | |||
| 401-2 Benefits provided to full-time employees that are not provided to temporary or part-time employees | Our Approach to Lives Changed for Good | ||||
| 401-3 Parental leave | Lives Changed for Good | ||||
| Labour/Management Relations | |||||
| GRI 3: Material Topics 2021 | 3-3 Management of material topics | Our Approach to Lives Changed for Good | |||
| GRI 402: Labour/Management Relations 2016 | 402-1 Minimum notice periods regarding operational changes | Our Approach to Lives Changed for Good | |||
| Occupational Health and Safety | |||||
| GRI 3: Material Topics 2021 | 3-3 Management of material topics | Our Approach to Lives Changed for Good | |||
| GRI 403: Occupational Health and Safety 2018 | 403-1 Occupational health and safety management system | Lives Changed for Good, Our Approach to Lives Changed for Good | |||
| 403-2 Hazard identification, risk assessment, and incident investigation | Lives Changed for Good, Our Approach to Lives Changed for Good | ||||
| 403-3 Occupational health services | Lives Changed for Good, Our Approach to Lives Changed for Good | ||||
| 403-4 Worker participation, consultation, and communication on occupational health and safety | Lives Changed for Good, Our Approach to Lives Changed for Good | ||||
| 403-5 Worker training on occupational health and safety | Lives Changed for Good, Our Approach to Lives Changed for Good | ||||
| 403-6 Promotion of worker health | Lives Changed for Good | ||||
| 403-7 Prevention and mitigation of occupational health and safety impacts directly linked by business relationships | Lives Changed for Good, Our Approach to Lives Changed for Good | ||||
| 403-8 Workers covered by an occupational health and safety management system | Lives Changed for Good, Our Approach to Lives Changed for Good | ||||
| 403-9 Work-related injuries | Lives Changed for Good, Our Approach to Lives Changed for Good | ||||
| 403-10 Work-related ill health | Lives Changed for Good, Our Approach to Lives Changed for Good | ||||
| Training and Education | |||||
| GRI 3: Material Topics 2021 | 3-3 Management of material topics | Our Approach to Lives Changed for Good | |||
| GRI 404: Training and Education 2016 | 404-1 Average hours of training per year per employee | Lives Changed for Good, Our Approach to Lives Changed for Good | |||
| 404-2 Programmes for upgrading employee skills and transition assistance programmes | Lives Changed for Good, Our Approach to Lives Changed for Good | ||||
| 404-3 Percentage of employees receiving regular performance and career development reviews | Lives Changed for Good | ||||
| Diversity and Equal Opportunity | |||||
| GRI 3: Material Topics 2021 | 3-3 Management of material topics | Our Approach to Lives Changed for Good | |||
| GRI 405: Diversity and Equal Opportunity 2016 | 405-1 Diversity of governance bodies and employees | The MAS Story, Lives Changed for Good | |||
| 405-2 Ratio of basic salary and remuneration of women to men | Lives Changed for Good | ||||
| Freedom of Association and Collective Bargaining | |||||
| GRI 3: Material Topics 2021 | 3-3 Management of material topics | Our Approach to Lives Changed for Good | |||
| GRI 407: Freedom of Association and Collective Bargaining 2016 | 407-1 Operations and suppliers in which the right to freedom of association and collective bargaining may be at risk | Our Approach to Lives Changed for Good | |||
| Child Labour | |||||
| GRI 3: Material Topics 2021 | 3-3 Management of material topics | Our Approach to Lives Changed for Good | |||
| GRI 408: Child Labour 2016 | 408-1 Operations and suppliers at significant risk for incidents of child labour | Our Plan for Change | |||
| Forced or Compulsory Labour | |||||
| GRI 3: Material Topics 2021 | 3-3 Management of material topics | Our Approach to Products Changed for Good | |||
| GRI 409: Forced or Compulsory Labour 2016 | 409-1 Operations and suppliers at significant risk for incidents of forced or compulsory labour | Our Plan for Change | |||
| Local Communities | |||||
| GRI 3: Material Topics 2021 | 3-3 Management of material topics | Our Approach to Lives Changed for Good | |||
| GRI 413: Local Communities 2016 | 413-1 Operations with local community engagement, impact assessments, and development programmes | Lives Changed for Good, Our Approach to Lives Changed for Good | |||
| Supplier Social Assessment | |||||
| GRI 3: Material Topics 2021 | 3-3 Management of material topics | Our Approach to Products Changed for Good | |||
| GRI 414: Supplier Social Assessment 2016 | 414-1 New suppliers that were screened using social criteria | Products Changed for Good | |||
| 414-2 Negative social impacts in the supply chain and actions taken | Products Changed for Good | ||||
| Customer Health and Safety | |||||
| GRI 3: Material Topics 2021 | 3-3 Management of material topics | Our Approach to Our Planet Changed for Good | |||
| GRI 416: Customer Health and Safety 2016 | 416-1 Assessment of the health and safety impacts of product and service categories | Our Approach to Our Planet Changed for Good | |||