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Water is the most essential natural resource. It is also at the heart of the cultural upheavals that have accompanied the emergence of modern societies since the First Industrial Revolution. As Veolia's original activity, it has been the foundation from which all other activities have emerged since 1853, around which all the others have come together to establish comprehensive environmental protection solutions. Today, climate change and the evolution of our society once again require us to rethink our relationship with this resource, understanding its scarcity and embracing new circularities. These are immense tasks that are already under way.