QUESTION $9$

Environmental Social Govemance $($ESG$)$ refers to which of the following?

a$.$ The most far$-$reaching change in organizational control and accounting regulations since the Securities and Exchango Act of $1934$

b$.$ Guidelines that codified into law incentives to reward organizations for taking action to prevent misconduct

c$.$ A framework for evaluation of firm performance in the areas of environmental, social, and governance

d$.$ An organization developed to guide corporate support for ethical conduct

e$.$ An organization's obligation to maximize its positive impact and minimize its negative impact on stakeholders