What do progressive impacts do to a company's value over time?

Progressive impacts are generally gradual changes that can affect a company's value over time, often as a result of ongoing environmental, social, and governance factors. When a company faces progressive impacts, such as consistent environmental deterioration, stakeholder dissatisfaction, or increasing regulatory scrutiny, these factors can lead to a gradual erosion of value. This depreciation may occur because the company struggles to meet stakeholder expectations, faces increased costs for compliance, or suffers from reputational damage, which can affect its market position and profitability.

In contrast, the other options suggest either an immediate increase or decrease in value, or a lack of effect altogether, which does not align with the nature of progressive impacts. Such effects are typically more nuanced and unfold over time, making the erosion of value a more accurate reflection of progressive impacts on a company's standing in the market.