--- title: How Europe's Green Reporting Rule is Changing Business description: TIME's Justin Worland explains the impact of the E.U.'s Corporate Sustainability Reporting Directive. canonical: https://time.com/7172697/how-europe-csrd-is-changing-business/ author: Justin Worland article:opinion: false article:content_tier: free article:published_time: 2024-11-08T15:48:36.000Z article:modified_time: 2026-03-30T13:27:45.520Z article:section: Climate og:title: How Europe's Green Reporting Rule is Changing Business og:description: TIME's Justin Worland explains the impact of the E.U.'s Corporate Sustainability Reporting Directive. og:url: https://time.com/7172697/how-europe-csrd-is-changing-business/ og:site_name: TIME og:image: https://static.time.com/v3/assets/bltea6093859af6183b/blt51a9acc2faaf8ca7/698a9c09457a52221dd71629/european-union-climate-sustainable-reporting-disclosure-rules.jpg?branch=production&width=1024&quality=75&auto=webp&crop=16:9 og:image:width: 1024 og:image:height: 576 og:image:alt: BELGIUM-EU-FEATURE-FLAG og:type: article twitter:card: summary_large_image twitter:title: How Europe's Green Reporting Rule is Changing Business twitter:description: TIME's Justin Worland explains the impact of the E.U.'s Corporate Sustainability Reporting Directive. twitter:image: https://static.time.com/v3/assets/bltea6093859af6183b/blt51a9acc2faaf8ca7/698a9c09457a52221dd71629/european-union-climate-sustainable-reporting-disclosure-rules.jpg?branch=production&width=1024&quality=75&auto=webp&crop=16:9 ---  # How Europe's Sustainability Reporting Rule is Changing Business Around the World by [Justin Worland](https://time.com/author/justin-worland/) and [Joey Lautrup](https://time.com/author/joey-lautrup/) Nov 8, 2024 3:48 PM UTC  People walk in front of the European Union flag in Brussels on Sept. 23, 2021. People walk in front of the European Union flag in Brussels on Sept. 23, 2021.KENZO TRIBOUILLARD/AFP—Getty Images by [Justin Worland](https://time.com/author/justin-worland/) and [Joey Lautrup](https://time.com/author/joey-lautrup/) Nov 8, 2024 3:48 PM UTC ```json [{"@context":"https://schema.org","@type":"NewsArticle","@id":"https://time.com/7172697/how-europe-csrd-is-changing-business/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/7172697/how-europe-csrd-is-changing-business/"},"headline":"How Europe's Sustainability Reporting Rule is Changing Business Around the World","datePublished":"2024-11-08T15:48:36.000Z","dateModified":"2026-03-30T13:27:45.520Z","description":"TIME's Justin Worland explains the impact of the E.U.'s Corporate Sustainability Reporting Directive.","url":"https://time.com/7172697/how-europe-csrd-is-changing-business/","keywords":["Futures Informed","climate change","AmazonFutures24"],"thumbnailUrl":"https://static.time.com/v3/assets/bltea6093859af6183b/blt51a9acc2faaf8ca7/698a9c09457a52221dd71629/european-union-climate-sustainable-reporting-disclosure-rules.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","author":[{"@type":"Person","name":"Justin Worland","jobTitle":"Senior Correspondent","url":"https://time.com/author/justin-worland/"},{"@type":"Person","name":"Joey Lautrup","jobTitle":null,"url":"https://time.com/author/joey-lautrup/"}],"articleSection":"Climate","image":[{"@type":"ImageObject","url":"https://static.time.com/v3/assets/bltea6093859af6183b/blt51a9acc2faaf8ca7/698a9c09457a52221dd71629/european-union-climate-sustainable-reporting-disclosure-rules.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","width":1200,"height":675,"headline":"BELGIUM-EU-FEATURE-FLAG","caption":"People walk in front of the European Union flag in Brussels on Sept. 23, 2021.","creditText":"KENZO TRIBOUILLARD/AFP—Getty Images","representativeOfPage":true}],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"/section/climate/","name":"Climate"}},{"@type":"ListItem","position":2,"item":{"@id":"/tag/futures-informed/","name":"Futures Informed"}},{"@type":"ListItem","position":3,"item":{"@id":"https://time.com/7172697/how-europe-csrd-is-changing-business/","name":"How Europe's Sustainability Reporting Rule is Changing Business Around the World"}}]}] ```