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One of the world’s largest oil producers, Saudi Arabia, announced Saturday it aims to reach “net zero” greenhouse gas emissions by 2060, joining more than 100 countries in a global effort to try and curb man-made climate change.  Although the kingdom will aim to reduce emissions within its own borders, there is no indication Saudi Arabia will slow down investments in oil and gas or relinquish sway over energy markets by moving away from the production of fossil fuels. Energy exports form the backbone of Saudi Arabia’s economy, despite efforts to diversify revenue as the world increasingly looks to transition away from reliance on fossil fuels. The country is forecast to make $150 billion in revenue this year from oil alone.

A new study of 2,040 Australians, titled Who Do You Believe?, has found there’s a big opportunity for brands to become leaders in the sustainability space by taking greater tangible action on social and environmental issues.  Almost three out of four Australians could not name a single brand or business they believe is helping improve social or environmental issues.  In March, Mumbrella uncovered Australia’s top ten most prolific businesses on sustainability.  The data showed actions from brands and businesses are failing to ladder up to expectations and even when they do act, 86% of Australians are sceptical about the social or environmental claims they make.  But according to Australians, some brands are leading the charge. Of the one in four who could name a brand; one in five named Woolworths, one in ten named Coles and one in 20 named Cotton On.