A materiality assessment should be the foundation of the human capital strategy. Without a proper assessment, companies often have ad-hoc efforts or lack sustained focus on consensus priorities. The purpose is to hone in on the key human capital issues and opportunities that are most likely to affect your company’s business performance as well as your stakeholders.

Join us in this interactive discussion as we will debate and discuss specific questions – along with their corresponding answers – that must be answered to ensure that your human capital disclosures meet the standard of being material to an understanding of the business, such as:

• What is the principal objective behind these disclosures, and how would the disclosed information benefit shareholders, ecosystem partners and broader stakeholders?
• What part of your organization will make the determination of whether the need to disclose human capital issues meets the materiality standard, and what might the disclosure look like if the company has not quantified the impact of human capital – but intends to measure it for next year?
• How might a company describe in its current disclosure that it believes a human capital measure is material but that it has not yet compiled the data sufficient for it to be disclosed?
• To what extent might a company take the position an issue is material for one year’s disclosure but then omit references to it in later years?
• How would the company’s employees assess the prominence and materiality of different human capital measures?