Ambassador Mostafa Sherbiny

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The international expert in sustainability and climate risk assessment and observer of the Paris Climate Change Agreement at the United Nations, Ambassador Mustafa El-Sherbiny, stressed the growing interest in measuring the carbon footprint and reducing it globally from industrial to individual levels, given that the concepts of carbon footprint and climate change are new to the world.

Ambassador El-Sherbiny said, in special statements to the Middle East News Agency, today, Thursday, on the occasion of the issuance of the encyclopedia of carbon footprint, emissions management and verification, that the green industrial revolution and the world’s entry into a new era of sustainability and green growth to achieve sustainable development goals have become the main concern of the entire world to restore the planet and combat risks. Climate change, biodiversity and pollution.

He added that this scientific encyclopedia of carbon emissions management includes 7 separate books with 3,000 pages in which we review the companies’ carbon footprint guide, the product’s carbon footprint guide, the guide to verifying and disclosing greenhouse gas emissions, the guide to the mechanism for adjusting carbon limits, the blue carbon guide, the carbon offset projects guide, and the carbon markets guide and the road. To the green economy and all areas of greenhouse gas emissions, in a comprehensive and detailed manner, including scientific elements, methodological and technological aspects, standards, industrial case studies and communication of carbon footprint results, under the supervision and scientific review of an international team of experts, and focusing on methodology, modeling and case studies.

El-Sherbiny continued that carbon footprint accounting for organizations and companies helps to understand their carbon emissions so that they can identify hot spots, which enables them to begin efforts to reduce emissions with measures that have a significant impact, noting that these books describe aspects of modeling and carbon footprint calculations in organizations, products, and carbon projects. Blue and carbon markets.

The international expert in sustainability explained that the encyclopedia emphasizes the importance of identifying non-polluting energy sources as well as sustainability, and also provides a wealth of information about practices and methods in detecting the carbon footprint, treating it, and issuing carbon certificates. This encyclopedia is the first in the Arab world and is considered a world leader as an important reference that discusses in detail the basic data for assessing, compensating and reducing the carbon footprint. It uses case studies on methods and practices from different locations around the world, and explains that the problems of the carbon footprint are truly global, and how they can be addressed in countless ways. From areas of life, from industry to agriculture, energy and solid waste.

Regarding greenhouse gas accounting, or in other words, what is the carbon footprint, El-Sherbiny said that carbon accounting is a way to calculate the amount of greenhouse gases that are emitted by a company or organization. As is the case with financial accounting, carbon accounting measures the impact of the activities of the organization or company and is known as Carbon accounting is also known as “greenhouse gas accounting,” and is used to estimate the carbon footprint of companies, governments, and even individuals.

El-Sherbiny said: “Even when a company or organization succeeds in reducing its carbon emissions as much as possible, calculating its carbon footprint will help it estimate its remaining emissions, and then the organization can use climate investment to offset its remaining emissions and complete its journey towards net zero carbon. Organizations may wish to… “Companies need to share their progress with stakeholders such as customers, investors and employees or may even be required to report their emissions by law, as carbon accounting enables companies to report their climate impact.”

Regarding the special procedures for carbon footprint accounting, El-Sherbiny explained that carbon accounting requires two things: They are: data collection and processing. In order for companies to be able to effectively account for their emissions, they must ensure that the data collection process they undertake is comprehensive, and that the data processing methodology they follow is sound, as carbon accounting relies on two sets of data: business activity data and describing Activities undertaken by companies and emission factor data that quantify greenhouse gas emissions. Once all the required data is collected, it can be translated into emissions estimates.

El-Sherbiny pointed out that the Global Greenhouse Gas Protocol is the most widely used standard for calculating the carbon footprint, and the accuracy of this estimate depends on the comprehensiveness of the calculated emission sources, the quality of the expenditure and activity data inputs, and the accuracy of the emission factors used.

In response to the question, “Why should companies use carbon footprint accounting?” El-Sherbiny said that calculating the carbon footprint is essential for any company that wants to reduce its carbon footprint. In addition to contributing to the fight against climate change, it also helps companies attract customers, investors and employees. Because calculating carbon emissions is the first step towards reducing emissions, allowing companies to switch to low-carbon activities or materials, but calculating value chain emissions can be a difficult task, as it involves collecting many types of data from many sources and then translating this. Data to total emissions; Value chain emissions make up a large portion of a company's carbon footprint, but they do not originate directly from the company. This makes it difficult to calculate and reduce them, and commercial companies, with suppliers numbering in the thousands, face particular difficulties in calculating value chain emissions.

El-Sherbiny revealed that using a hybrid methodology, companies can conduct a spending-based carbon footprint estimate to get an initial overview of the sources of emissions in their value chain, and then improve the assessment.

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