In the early 21st century, water was a quiet crisis, a slow drip of concern pooling beneath the global consciousness. But now, it’s a rising tide. Climate change has transformed water from a background worry into a flashing-red risk on corporate dashboards around the world. And it’s not just the desert countries or drought-prone regions feeling the squeeze—nearly every business that relies on water, whether to cool a data center or hydrate a farm, is grappling with the specte

Corn field suffering from severe drought under a scorching sun, highlighting the impact on agricultural yield and global supply chains....