Is sustainability reporting an opportunity or a chore for companies?

According to the idea that what cannot be measured is not taken into account in corporate strategies, new ESG (environmental, social and governance) indicators are now being proposed to integrate the ecological transition issues. Whether we are talking about measuring the impact of climate change on a company's profitability (financial materiality) or measuring the impact of a company's activity on its environment (impact materiality, as promoted by the European CSRD), what is the situation from the companies' point of view? Are the new European regulatory requirements reasonable or disproportionate? What can really be measured? What decisions can ESG information influence? Should sustainability reporting represent an opportunity for the most virtuous companies in terms of CSR, or a new bureaucratic chore that could fuel the arguments of the advocates of inaction?