Water scarcity poses both risks and opportunities for businesses. It impacts business continuity, investments, supply chains, productivity and consumer demand. Companies need to improve their own water efficiency, support innovative solutions, and take collective action. Getting their water use in order can lower costs and improve resilience. Businesses are well positioned to develop water-efficient products and technologies. Collective water stewardship with other stakeholders can help achieve a more water-secure future and commercial benefits for all involved parties.