Overcoming these myths will allow organizations to operate in a transparent and action-oriented environment.
With more than $30 billion in potential liabilities from recent California wildfires, the largest U.S. energy utility is facing "extraordinary challenges."
Companies that haven't made extensive disclosures about their climate risk profile should be prepared for a raft of questions from shareholders.
Some of last year's disasters such as storms in Texas struck areas with high insurance penetration, accounting for a 42% increase in payouts.
