
Are you a business looking to better understand your environmental impacts?
Throughout 2025-2026, econext will be working with 25 businesses across the province to quantify environmental impacts by helping them to undertake greenhouse gas (GHG) assessments, energy efficiency analysis, and waste audits. econext will engage experts to work on each of these assessments.
Following the acquisition of this information, econext will provide tailored advice for each business on the steps that they can take to “green” their operations in a way which helps improve competitiveness and productivity. Having this information in hand will help small-to-medium businesses (SMEs) make decisions about future “green” investments; help with establishing Environmental, Social, and Governance (ESG) commitments; and serve to be powerful tools in marketing.
Contribution
Thanks to funding from the Department of Industry, Energy and Technology and the Atlantic Canada Opportunities Agency, econext is pleased to cover 75% of the costs. It is estimated that the total cost of providing these services is $10,000 on average, depending on the scope and size of the business.
Selection Criteria
To be eligible for participation, businesses must meet the following criteria:
- Have operations in the province of Newfoundland and Labrador
- Be one of the following: involved in a supply chain, exporting internationally, or expecting to try to attract private investment
- Have the capacity to help acquire data necessary for the assessments
- Cannot be involved in retail or provision of personal services
It is also important that participating businesses have ownership of their buildings for this project, as this will allow them to make changes based on the findings to improve environmental impact (ie. increasing energy efficiency and decreasing GHG emissions).
If your business sounds like a good fit, or if you have questions and would like to learn more, reach out to Business Sustainability Lead, Alex Rumbolt at alex@econext.ca.
About econext
econext is a not-for-profit association with a mission to accelerate clean growth in Newfoundland and Labrador by: (1) stimulating research, development, and innovation; (2) preparing its workforce for a greening economy; and (3) acting as a catalyst for climate change action within its industries, businesses, and communities. econext has been working for over 30 years on behalf of its members across many sectors to support environmentally sustainable economic development. For more information, visit https://econext.ca/.




