Why does the Audi A3 have electronic stability control?

I noticed that the Audi A3 has electronic stability control (ESC) and I'm curious about why it's included in the car's design. Does it provide better handling or safety? And how does it work? I would appreciate any insights or explanations.

Electronic stability control is an advanced safety feature that helps to prevent skidding and loss of control while driving, especially in slippery or unpredictable road conditions. It does this by automatically applying individual wheel brakes and reducing engine power when necessary. It provides an added layer of safety and can potentially save lives in emergency situations.