Asia apparel hubs face US$65b export hit from extreme weather, study shows

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Asia apparel hubs face US$65b export hit from extreme weather, study shows
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LONDON, Sept 13 — Extreme heat and flooding could erase US$65 billion (RM303.7 billion) in apparel export earnings from four Asian countries by 2030, as workers struggle under...

LONDON, Sept 13 — Extreme heat and flooding could erase US$65 billion in apparel export earnings from four Asian countries by 2030, as workers struggle under high temperatures and factories close, research from Schroders SDRL and Cornell University showed today.

“Among the suppliers and the buyers we talked to, not one had their eye on these two issues ,” said Jason Judd, executive director of Cornell Global Labour Institute. “There is so little data on this ... There are some [apparel] brands not disclosing the factory locations of their suppliers,” said Angus Bauer, Schroders’ head of sustainable investment research.

Under the second, workers would suffer more “heat stress”, with worker output declining as the wet-bulb globe temperature, which measures heat and humidity, rises.

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