SEC Panel Set to Push Workforce Diversity Reporting Requirements

The SEC should require more workforce disclosures from companies to include employee diversity reporting, the agency’s advisory group for investor matters is preparing to recommend.

The Securities and Exchange Commission should direct companies to report data that may include workers’ gender, race, age, disabilities, and other characteristics important to investors, the agency’s Investor Advisory Committee said in a draft recommendation released Thursday. The panel’s input comes as the SEC is working to release a workforce disclosure proposal as early as October.

“Employees are a key source of value, and investors need to understand companies’ efforts to identify and develop new ...