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ESG in corporate governance stands for Environmental, Social, and Governance. It’s a set of standards that companies use to operate responsibly.

• Environmental: How the company impacts the planet, such as its carbon footprint, waste management, and resource use.
• Social: This covers how the company manages relationships with employees, suppliers, customers, and communities. It includes things like labor practices, diversity, and community engagement.
• Governance: This focuses on the company's internal controls, leadership, executive pay, and shareholder rights.

Companies that prioritize ESG are aiming for sustainable growth by balancing profit with ethical practices. It's becoming a major focus for investors who want to support businesses that are not only profitable but also responsible toward people and the planet.