SEC Worker Safety Disclosure Rule Yielding Scattershot Results

Large employers are taking tentative steps to disclose their safety and health programs in response to a 2020 federal rule encouraging them to reveal the information in annual reports to the Securities and Exchange Commission.

The inclusion comes as occupational safety and health advocates continue to press for workers’ wellbeing to be given equal importance to such corporate concerns as environmental programs and workforce diversity.

Among the SEC rule revisions was a requirement to include a discussion of the firm’s “human capital” efforts in annual 10-K reports. Broadly, human capital includes such factors as workers’ skills, training, demographics, safety, and ...