A recent study shows that firms with higher E$5$G scores $($a measure of a firms environmental social and governance efforts$)$ volatility spikes than firms with lower ESG scores. Given this study's findings, what would you expect to happen to a corporad significantly increases and why?

Price will increase because future cash flows will be higher

Price will increase because cash flows become less risky

Price will decrease because future cash flows will be higher

Price will decrease because cash flows become less risky