SEM-SAM Model for Strategic Management Toward Efficient and Sustainable Emerging Industries for Sustainable Future
Keywords:
Industrial sector, management efficiency, sustainable development, development strategy, carbon neutralityAbstract
This research aims to develop a model to define the causal relationships of factors influencing future energy consumption in Thailand’s industrial sectors, aligned with the country’s sustainable development goals. The study proposes a Structural Equation Modeling based on the Social Accounting Matrix (SEM-SAM model) as a key tool for effective national management in line with the carbon neutrality target by 2050. The findings reveal that from 1992 to 2025, there has been consistent growth in both the economic and social sectors. However, this growth has simultaneously led to significant environmental degradation. The study indicates that CO2 emissions resulting from industrial energy consumption have surpassed the carrying capacity threshold of 65.05 Mt CO2 Eq. (2025-2034), with a growth rate (2034/2025) of 30.45%, reaching 75.01 Mt CO2 Eq. (2025-2034) during this period. As a solution, the research introduces a new scenario policy that incorporates increased use of biodiesel fuel and clean technologies, which helps reduce CO2 emissions to only 45.05 Mt CO2 Eq. (2025-2034). These findings highlight the potential of the proposed model as a decision-making tool for steering national policy toward a sustainable future.
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