Which of the following statements about ESG integration are NOT true? Select all that apply.

When employing an ESG integration strategy, analysts may ignore material financial considerations in an

investment decision so long as they aren't ESG$-$related.

Effective ESG integration strategies may require analysts to forgo portfolio returns $($for investors$)$ or IRR $($for

corporates$)$ when making capital allocation decisions.

ESG integration identifies and assesses both positive and negative impacts to revenue streams, margins,

and overall business risks.

ESG integration takes all material factors and initiatives into consideration alongside traditional financial

analysis to evaluate their potential impacts.