Harvard study IDs human capital metrics measured by global companies
Human capital metrics, including occupational safety and health data, frequently are collected by a majority of global companies, yet many of these firms are not publicly reporting the information, according to a study released today by the Harvard Law School Labor and Worklife Program in conjunction with the Center for Safety and Health Sustainability (CSHS). "Corporate Disclosure of Human Capital Metrics" is authored by Aaron Bernstein and Larry Beeferman of the Harvard Law School Pensions and Capital Stewardship Project.
Human capital metrics are of increasing interest to global investors who understand that a sustainable workforce is critical to a company’s success, including its bottom line. The study’s conclusion draws on data from a 2016 survey conducted by RobecoSAM of nearly 2,000 of the largest companies traded on global exchanges. Survey respondents were far more likely to report human capital metrics than non-respondents, whose data was gathered solely from public reports, suggesting that many respondents collect metrics but don’t disclose them.