The light means one or more components within these systems might be malfunctioning. This could be anything from a faulty sensor (wheel speed sensor, yaw sensor, etc.) to a problem with the hydraulic control unit or even a wiring issue.
You should not ignore this warning light. Driving with a malfunctioning ESP/BAS system can significantly reduce your vehicle's stability and increase the risk of an accident. You need to have the vehicle diagnosed by a qualified mechanic as soon as possible to identify the specific problem and have it repaired. Simply clearing the code without fixing the underlying issue is not recommended.
