IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v16y2024i3p1237-d1331292.html
   My bibliography  Save this article

Resource Efficiency and Environmental Impact Assessment Method for Small-Scale Producers: A Case Study of Pond and In-Pond Raceway System Production for Growing Nile Tilapia

Author

Listed:
  • Pimchanok Panthai

    (Logistics and Supply Chain Management, Graduate School of Management and Innovation, King Mongkut’s University of Technology Thonburi (KMUTT), Bangkok 10140, Thailand)

  • Kanokporn Kungwalsong

    (Science Technology and Innovation Policy Institute, King Mongkut’s University of Technology Thonburi (KMUTT), Bangkok 10140, Thailand)

Abstract

The purpose of this study was to employ Resource Value Mapping (REVAM) and carbon footprint assessments to evaluate the resource efficiency and environmental impact of the aquaculture sector in Thailand. Focusing on tilapia production, a case study that compares the innovative In-Pond Raceway System (IPRS) with the traditional pond system was conducted to serve as a guideline for small-scale producers toward achieving the Sustainable Development Goals (SDGs). The assessment applied lean classification to the agriculture context and used both machine and non-machine resources. Moreover, the Muda Index (MI) and the concurrent assessment of greenhouse gas (GHG) emissions through the proposed map were introduced to identify resource efficiencies and environmental impacts across activities, respectively. The analysis highlighted resources with the highest MI values, waste proportions, and emissions requiring improvement. This study shows that addressing specific resources in REVAM can enhance resource management, facilitate control over variable costs, and ensure sustainability in both of these dimensions. Finally, a feasibility analysis was incorporated to weigh investment between in-pond and IPRS systems, in addition to resource use efficiency and environmental impact dimensions, creating an opportunity to meet the increasing demands in the international market.

Suggested Citation

  • Pimchanok Panthai & Kanokporn Kungwalsong, 2024. "Resource Efficiency and Environmental Impact Assessment Method for Small-Scale Producers: A Case Study of Pond and In-Pond Raceway System Production for Growing Nile Tilapia," Sustainability, MDPI, vol. 16(3), pages 1-23, February.
  • Handle: RePEc:gam:jsusta:v:16:y:2024:i:3:p:1237-:d:1331292
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/16/3/1237/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2071-1050/16/3/1237/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Papetti, Alessandra & Menghi, Roberto & Di Domizio, Giulia & Germani, Michele & Marconi, Marco, 2019. "Resources value mapping: A method to assess the resource efficiency of manufacturing systems," Applied Energy, Elsevier, vol. 249(C), pages 326-342.
    2. Samuel Drempetic & Christian Klein & Bernhard Zwergel, 2020. "The Influence of Firm Size on the ESG Score: Corporate Sustainability Ratings Under Review," Journal of Business Ethics, Springer, vol. 167(2), pages 333-360, November.
    3. Adriano de Oliveira Martins & Fernando Elemar Vicente dos Anjos & Debora Oliveira da Silva, 2023. "The Lean Farm: Application of Tools and Concepts of Lean Manufacturing in Agro-Pastoral Crops," Sustainability, MDPI, vol. 15(3), pages 1-20, February.
    4. Bin Zhou, 2016. "Lean principles, practices, and impacts: a study on small and medium-sized enterprises (SMEs)," Annals of Operations Research, Springer, vol. 241(1), pages 457-474, June.
    5. Andrés Muñoz-Villamizar & Javier Santos & Julio J. Garcia-Sabater & Alvaro Lleo & Paloma Grau, 2019. "Green value stream mapping approach to improving productivity and environmental performance," International Journal of Productivity and Performance Management, Emerald Group Publishing Limited, vol. 68(3), pages 608-625, January.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Sun, Jingchao & Na, Hongming & Yan, Tianyi & Che, Zichang & Qiu, Ziyang & Yuan, Yuxing & Li, Yingnan & Du, Tao & Song, Yanli & Fang, Xin, 2022. "Cost-benefit assessment of manufacturing system using comprehensive value flow analysis," Applied Energy, Elsevier, vol. 310(C).
    2. Arru Brunella & Delrio Federico & Furesi Roberto & Pulina Pietro & Fabio Albino Madau, 2025. "Role of environmental, social and governance disclosure in business profitability and cost of debt: An analysis of small Southern Italian agri‐food businesses," Agribusiness, John Wiley & Sons, Ltd., vol. 41(3), pages 856-895, July.
    3. Spira, Robin, 2024. "How does ESG rating disagreement influence analyst forecast dispersion?," Junior Management Science (JUMS), Junior Management Science e. V., vol. 9(3), pages 1769-1804.
    4. Scholz, Robert, 2023. "Unternehmensmitbestimmung und die sozialökologische Transformation: Zusammenhang zwischen Mitbestimmungsindex und ESG-Kriterien in börsennotierten Unternehmen," Mitbestimmungsreport 79, Hans-Böckler-Stiftung, Düsseldorf.
    5. Catherine Maware & David M. Parsley, 2022. "The Challenges of Lean Transformation and Implementation in the Manufacturing Sector," Sustainability, MDPI, vol. 14(10), pages 1-24, May.
    6. Natalia Semenova, 2021. "Management control systems in response to social and environmental risk in large Nordic companies," International Journal of Corporate Social Responsibility, Springer, vol. 6(1), pages 1-11, December.
    7. Xie, Xuejing & Gong, Yukai & Cheng, Le, 2025. "Managerial myopia and carbon emission: Evidence from China," Pacific-Basin Finance Journal, Elsevier, vol. 90(C).
    8. Zheng, Suyi & Wen, Jiandong, 2024. "Green public procurement and corporate environmental performance: An empirical analysis based on data from green procurement contracts," International Review of Economics & Finance, Elsevier, vol. 96(PA).
    9. Ren, Xiaohang & Zeng, Gudian & Zhao, Yang, 2023. "Digital finance and corporate ESG performance: Empirical evidence from listed companies in China," Pacific-Basin Finance Journal, Elsevier, vol. 79(C).
    10. Finja Lena Kind & Jennifer Zeppenfeld & Rainer Lueg, 2023. "The impact of chief executive officer narcissism on environmental, social, and governance reporting," Business Strategy and the Environment, Wiley Blackwell, vol. 32(7), pages 4448-4466, November.
    11. Jun Wan & Yuejia Wang & Yuan Wang, 2025. "Promoting or Hindering: The Impact of ESG Rating Differences on Energy Enterprises’ Green Transformation—A Causal Test from Double Machine-Learning Algorithms," Energies, MDPI, vol. 18(3), pages 1-21, January.
    12. Vincent Leow Chee Ho & Lim Jian Yi & Noorsidi Aizuddin Bin Mat Noor & Rohaya Binti Abdul Jalil, 2024. "Assessing the Listed Property Companies Readiness Towards Environmental Social Governance Implementation in Malaysia," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 8(7), pages 2514-2524, July.
    13. Liu, Benjamin & Johl, Shireenjit & Lasantha, Ruwan, 2023. "ESG scores and cash holdings: The role of disciplinary trading," Finance Research Letters, Elsevier, vol. 55(PA).
    14. Goodell, John W. & Palma, Alessia & Paltrinieri, Andrea & Piserà, Stefano, 2025. "Firm-level climate change risk and corporate debt maturity," Journal of International Money and Finance, Elsevier, vol. 152(C).
    15. Alkhoraif, Abdullah & Rashid, Hamad & McLaughlin, Patrick, 2019. "Lean implementation in small and medium enterprises: Literature review," Operations Research Perspectives, Elsevier, vol. 6(C).
    16. Kurbus, Barbara & Rant, Vasja, 2025. "A legal origins perspective on ESG rating disagreement," Research in International Business and Finance, Elsevier, vol. 74(C).
    17. Chen, Zhixiong & Sugiyama, Kohei & Tasaka, Kazuyuki & Kito, Tomomi & Yasuda, Yukihiro, 2024. "Impact of environmental, social and governance initiatives on firm value: Analysis using AI-based ESG scores for Japanese listed firms," Research in International Business and Finance, Elsevier, vol. 70(PA).
    18. Angela Neves & Radu Godina & Susana G. Azevedo & João C. O. Matias, 2019. "Current Status, Emerging Challenges, and Future Prospects of Industrial Symbiosis in Portugal," Sustainability, MDPI, vol. 11(19), pages 1-23, October.
    19. Choi, Dong Beom & Jeong, Seongjun, 2025. "CSR scores versus actual impacts: Banks’ main street lending during the great recession," Journal of Banking & Finance, Elsevier, vol. 172(C).
    20. Lee, Michael T. & Raschke, Robyn L. & Krishen, Anjala S., 2023. "Understanding ESG scores and firm performance: Are high-performing firms E, S, and G-balanced?," Technological Forecasting and Social Change, Elsevier, vol. 195(C).

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:16:y:2024:i:3:p:1237-:d:1331292. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.