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Over the past year or so, as the Trump administration continued to roll back or weaken as many climate regulations in the United States as it could get its hands on, the corporate world seemed to be doing the opposite. A steady stream of companies — from tech giants like Apple to oil majors like BP to retail behemoths like Amazon — announced major commitments to decarbonize their businesses. Pledging to go net-zero became the new gold standard for corporate sustainability.
While many companies haven’t yet matched their net-zero promises with specific action plans, that could change under the administration of President-elect Joe Biden. With the executive branch and the private sector pulling in the same direction on climate, experts expect progress on corporate pledges to continue.