What is the function of the Audi A2's Electronic Stability Program (ESP)?

I've heard that the Audi A2 has an innovative Electronic Stability Program (ESP). Can you explain its purpose and how it works?

The Electronic Stability Program (ESP) in the Audi A2 is a safety feature that helps improve stability by monitoring the vehicle's movements and adjusting the braking force on individual wheels to prevent skidding.

Essentially, the ESP functions by detecting when the vehicle is losing traction and applying brakes to specific wheels to correct the movement and keep the car stable.