New SEC Workforce Disclosures Scant on Fresh Information (1)

Investors expect few fresh insights as companies roll out revamped disclosures about how they manage their most important asset: their employees.

Newly required disclosures on human capital management mark an initial effort by the Securities and Exchange Commission to provide investors with more details about corporate environmental, social and governance factors (commonly referred to as ESG) in annual financial reports. Under the new Democrat-led commission, the agency is expected to push through more mandatory reporting on diversity and climate risks facing companies.

As companies prepare those regulatory documents for release in the coming weeks, they are taking a cautious approach ...