Current law does not require much from a public company in the way of disclosing information concerning its workforce (its "human capital") outside the C-suite or with respect to the philosophies, policies and practices it implements to select, oversee, nurture and develop that workforce (its system of "human capital management").
Recently, though, a growing number of stakeholders — special interest groups, investors, the SEC and public companies themselves — have questioned and publicly discussed whether human capital management disclosure requirements should be expanded or, if not, whether a public company should voluntarily disclose its approach to ensuring that its human capital is diverse, developing, motivated and positioned to contribute to the long-term value of the company.
Read Human Capital Management Disclosure.
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