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 (BUD 1.17%) 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.