Management Approach
Overview of CPALL’s Impact Valuation Methodology
Frame
What is the business case for impact valuation
Scope
Consider each externality and identify material impacts. Conduct an assessment of:
– The impacts of each program
– The organizational focus
– Geographical and time boundaries
Indicator selection
Identify a set of indecators to measure the inputs, outputs and expected impacts
Work plan
Work plan includes the logistices for collecting data, and specific valuation techniques to be used
Data collection
Data collected on the indicators agreed in previous steps. This will include primary and secondary data
Valuation
Measure and value the main impacts. This might include a combination of qualitative, quantitative and monetary valuation
Reporting
What are the key messages for internal and external audiences
Apply
How to integrate impact valuation into business decisions
Golden Banana Project
Ongoing Project to Promote Golden (Hom Thong) Banana Farmers. The project focuses on supporting products from farmers and small entrepreneurs, starting from making teaching materials to train farmers, and promoting plantations to be in accordance with the standards. The products should be able to be traced back to their plantation/production origin. The project also promotes knowledge of packaging and storage, increases distribution channels, both online and offline through 7-Eleven stores and 7Delivery.
The Golden Banana Project generates more income for farmers and small entrepreneurs and more employment in the community. Currently, the project covers over 18,165 rais of agricultural land in 36 provinces. Meanwhile, the impact assessment results from the past projects reveal that the Golden Banana Project had 202.15 times more positive than negative impacts.
The average income increase of small entrepreneurs and farmers is
before joining the project
Farmers participating in the project
(Increase of 62.36% from 2022)
The yield of Golden Bananas enters the market by
For an economic value of
(Increase of 21.78% from 2022)
Impact Measurement and Evaluation 2023
Economic Impact
Social Impact
Output Metric
Total number of farmers participated in the project 2,515 Farmers entrepreneurs participated in the project
Environmental Impact
Output Metric
Total number of plastic disposals on land and sea 228 tonnes of plastic waste disposed of on land and sea
Economic Value
Social Value
Impact Valuation
The income of the project participants increased by an average of 3.5 million Baht per year
Environmental Value
Impact Valuation
4% reduct downstream plastic waste compared to 2022
Impact Measurement and Evaluation
Economic
(Total annual net revenue generated from Golden Banana)
Downstream Impact
Social
(Total annual additional net revenue generated for farmer)
Social
(Total annual societal from
plastic production)
Upstream Impact
Environmental
(Total annual downstream impact from plastic production)
Downstream Impact
The Golden Banana Project has caused
Positive impacts > negative impacts 202.15 times
Remarks : The times of impacts calculating from the social impact and the environmental impact.