The planet is warming up -- and you may not even realize how much of a profound effect it can have on your portfolio.

Climate change is responsible for more extreme weather events and increasing water scarcity, for instance, presenting profound implications for companies. A warming planet poses significant risks -- ones that investors too often ignore.

Anheuser-Busch Inbev (NYSE:BUD) learned this the hard way back in 2001, as you'll hear in the following video. But it's not all downside.

Cemex (NYSE: CX) is providing solutions to the climate-change challenge. The company's products improve building efficiency, reduce carbon footprints in the built environment, and more.

The Motley Fool recently hosted a Climate Change summit for investors. Here we talk more about climate-change risks.

Sara Murphy has no position in any stocks mentioned. Follow her on Twitter: @SMurphSmiles. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.