Globally, wildfires have surged in both frequency and intensity. Over the past decade, wildfire-affected areas have increased by up to 50% in some regions, resulting in billions of dollars in property losses, displacement of tens of thousands of people, and thousands of premature deaths each year . Moreover, wildfires contribute roughly 8–10% of annual global CO₂ emissions—about 2–3 gigatons—exacerbating climate change and straining emergency-response systems, which have seen call volumes rise by 15–20%.

Why Power Utilities, Banks & Insurers, and Real-Estate Portfolios Must Act Now
Organizations across the energy, finance and property sectors are under intensifying pressure—regulatory, financial and reputational—to measure, report on and mitigate wildfire risk before the next catastrophe strikes:

• Power Utilities

  • Face stringent compliance mandates (e.g. NERC, CPUC, FERC) to demonstrate proactive wildfire‐ignition prevention and operational resilience

  • Are liable for multi-million-dollar damages when aging infrastructure or vegetation impingement sparks major blazes

  • Must continuously monitor real-time and forecast conditions to avert outages, protect communities and minimize liability

• Banks & Insurers

  • Require hyper-local, dynamic risk scores and damage forecasts to underwrite loans, policies and reinsurance accurately

  • Need to satisfy evolving climate-related disclosure standards (SEC, OCC, ECB, NGFS) and stress-testing frameworks

  • Depend on real-time scenario analyses to safeguard balance sheets, calibrate reserves and price risk appropriately

• Real-Estate Portfolios

  • Must integrate spatial wildfire risk into asset-management strategies to preserve property value and tenant safety

  • Can optimize capital allocation for mitigation and hardening investments, unlocking up to 6× return on hazard-reduction spending

  • Benefit from predictive insights that reduce potential property damage by 30–50% and save lives through targeted resilience planning