"Examine the concept of ESG ($($Environmental,$,$ Social, and Governance)$)$ criteria in modern corporate management. Discuss the significance of integrating ESG principles into business strategies and decision−$-$making processes. Analyze how adherence to ESG standards influences organizational sustainability, risk management, and long−$-$term value creation. Evaluate the challenges and opportunities faced by companies in implementing ESG practices across diverse industries and geographical regions. Provide examples of companies that have successfully embraced ESG principles, illustrating their positive impact on corporate performance, reputation, and stakeholder relationships."