[Excerpt] Building on the Global Labor Institute at Cornell University, ILR School (GLI) 2021 paper that addressed the apparel industry’s mitigation-adaptation gap, this new research from Cornell GLI and Schroders—in the form of two reports—are the first to quantify how fashion brands, manufacturers and workers are likely to experience the effects of extreme heat and greater flooding. We examine un- or under-measured risks for fashion brands, their manufacturers and workers, and the governments and investors who rely on them.