Many New Brunswick businesses are being asked to measure their greenhouse gas (GHG) emissions for the first time. Lenders, customers, and funding programs increasingly expect real numbers, not estimates. A basic GHG inventory helps you understand where emissions come from and is often the first step to qualifying for sustainability support in the province.
A GHG inventory is a structured record of all the emissions your business produces over a set period, usually one year. It changes fuel use, electricity, and other activities into carbon dioxide equivalent (CO₂e) values using standard formulas.
In New Brunswick, a GHG inventory is commonly required or strongly encouraged if you want to:
Organizations like Green Economy New Brunswick (GENB) specifically support businesses that are willing to create a GHG inventory and track progress over time.
Start simple. Most small and mid-sized businesses use:
Include all New Brunswick locations you operate, even if they are small.
GHG inventories are usually organized into three scopes:
Scope 1 – Direct emissions
Scope 2 – Purchased energy
Scope 3 – Indirect emissions (optional but recommended)
Many New Brunswick programs accept inventories that start with Scope 1 and 2, then expand over time.
You do not need new systems to start. Use records you already have:
Accuracy matters more than perfection. Missing data can be estimated, but you should document how you calculated it.
You need to change your data into emissions numbers using standard formulas. For example:
Most small businesses use standard Canadian or provincial emission factors. Programs like Green Economy New Brunswick provide tools and coaching to help businesses calculate and track these emissions correctly.
If you are looking for funding or support, resources like GrantHub can help you find programs in New Brunswick that accept your GHG inventory and support sustainability projects.
Your final GHG inventory should include:
This documentation is critical if you later apply for sustainability support or funding.
Green Economy New Brunswick is not a grant. It is a membership-based sustainability support organization for businesses in the province.
Key details:
For many New Brunswick SMEs, GENB acts as a practical starting point before applying for future climate-related funding.
Waiting for perfect data
You can start with estimates. Delaying your GHG inventory often delays access to support and funding.
Ignoring Scope 1 emissions
On-site fuel use is frequently the largest emissions source for New Brunswick businesses.
Not documenting assumptions
If you estimate fuel or travel, write down how you did it. Reviewers look for transparency.
Treating the inventory as a one-time task
Most programs expect annual tracking, not a single snapshot.
Q: Is a GHG inventory mandatory for New Brunswick businesses?
No, but it is increasingly expected. Many sustainability programs and large customers require emissions data to participate.
Q: Is Green Economy New Brunswick a grant program?
No. Green Economy New Brunswick is a paid membership-based advisory and support organization, not a grant.
Q: How much does Green Economy New Brunswick cost?
Annual membership fees start at $1,500, depending on the size of your business.
Q: Can small businesses create a GHG inventory without consultants?
Yes. Many SMEs start with internal data and basic tools, then seek coaching or validation as they grow.
Q: Is the membership fee tax deductible?
It is typically treated as a business expense, but you should confirm with your accountant.
GrantHub tracks hundreds of active grant and support programs across Canada — including sustainability-focused options — and helps you check which ones match your business profile.
Creating a GHG inventory is one of the most practical sustainability steps a New Brunswick business can take. Once your numbers are in place, you are better positioned to reduce costs, meet customer expectations, and prepare for future funding opportunities. If you want to see which provincial or federal programs support emissions reduction, GrantHub can help you find relevant options.
See also:
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