Each degree Celsius of warming will erase 1.2 percent of the United States GDP, according to Solomon Hsiang, a climate scientist and economist at the University of California, Berkeley, and the co-director of the research group Climate Impact Lab. If U.S. companies do not act now to halt climate emissions, Hsiang predicts a loss of up to 10.5 percent of annual GDP, which equates to approximately $2.2 trillion per year. Most organizations do not understand the gravity of the need to address emissions now. Businesses across industries and throughout the world are facing an existential threat that can no longer be ignored. It's time to address the impact of rapidly accelerating climate change in the corporate sector. The effect of harmful emissions on the bottom line can't be overstated.