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“Form 10-K Human Capital Disclosures Continue to Evolve” from Gibson Dunn presents the results of the firm’s analysis of human capital disclosures among S&P 100 companies based on three annual Form 10-K filings since the effective date of the SEC’s requirements adopted in 2020. The report reveals the number of such companies that include disclosure across these 27 topics as compared to the firm’s January 2023 report (following disclosure year 2) and its initial report following disclosure year 1, the content and scope of which are then described in much greater detail throughout the report:

Among the noteworthy takeaways:

• Decreased disclosure length and prevalence related primarily to the omission of Covid-19-related disclosure.
• With the exception of Covid-19, the most commonly addressed topics remained generally the same year-over-year: DE&I; workforce recruitment, retention, and development; and employee compensation and benefits.

The report also discusses industry-specific disclosure trends and big picture disclosure format observations, and suggests a sound list of considerations for companies in preparing their upcoming Form 10-K disclosures.

Access additional resources on our Human Capital/Workforce Management page.

                        This post first appeared in the weekly Society Alert!