--- ---  # 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 How Europe's Green Reporting Rule is Changing Business ```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"}}]}] ```