The intertwining of energy production and water resources has brought water stewardship to the forefront for businesses globally. The increasing recognition of water's strategic importance, along with concerns about water resilience, climate change impacts, and stakeholder priorities, is shaping business strategies. Challenges such as water scarcity and disposal constraints have become more pronounced across energy sectors, including low-carbon projects like hydrogen, biofuels, carbon capture, and nuclear, which demand substantial water inputs. Projects in water-stressed areas face hurdles due to limited water availability and outdated infrastructure. Energy companies are responding by integrating water stewardship into their strategies, conducting site-specific water assessments, and adopting industry guidelines. They are also focusing on transforming wastewater into a valuable resource by improving treatment processes and increasing reuse. Incentives and regulations are driving the reuse of produced water, with technological advancements enabling the extraction of valuable minerals. Companies are exploring innovative solutions like using produced water for industrial purposes and extracting minerals like lithium, contributing to water sustainability and resource optimization.