Considering the current trend in global warming, adapting to the impacts of climate change is becoming more and more important, next to preventing additional temperature rises. Acting on climate change can take different forms for investors. For example, analyzing the carbon footprint of investment portfolios, investing in renewable energy, or ensuring that assets are protected against the consequences of climate change. This report provides an overview of climate change-related elements that VBDO believes are relevant at this point in time and should be included in the responsible investment strategy of institutional investors.