Highland Spring has said it has paid for "significant flood defences" over the years and is committed to protecting the business, catchment area and the wider community - where possible - from flood risk.
It comes after a councillor queried if public money was effectively being used to fund a flood protection scheme for the Perthshire -based bottled water company.
SNP councillor Jack Welch asked the question as a council committee approved proposals for a flood protection scheme in Blackford.