It does appear that Lithium's reactivity with water is has much more energy release potential than the battery itself does, but from a bit of reading around on the all-knowing internet, this reaction is supposedly fairly gentle. "Lithium's density is only about half that of water so it floats on the surface, gently fizzing and giving off hydrogen. It gradually reacts and disappears, forming a colourless solution of lithium hydroxide."
Seems to me that if you physically abuse a battery, it's going to release the energy that it has stored. The only way to really avoid that is to not store so much energy. Or are there battery chemistries that can take abuse without releasing their energy?