ESG integration at the portfolio level focuses on risk management to protect and enhance financial returns.

Why B (Risk management measures) is correct:

ESG integration aims to reduce exposure to financially material ESG risks (e.g., climate risk, governance failures).

Portfolio managers use ESG data to assess company-specific and systemic risks.

Why not A or C?

A (Credit analysis) applies more to fixed-income investing.

C (Ownership & stewardship) relates to active engagement rather than ESG risk integration.