SEC Readying New Company Workforce Disclosures, Gensler Says (1)

May 13, 2021, 6:46 PM UTCUpdated: May 13, 2021, 9:48 PM UTC

The SEC is preparing a plan for companies to report more information about their employees as it eyes new environmental, social, and governance disclosures, Chairman Gary Gensler said.

Gensler didn’t give specifics about the ESG proposal in remarks he made at a financial market regulation conference Thursday. But he said earlier this year that the agency is considering what investors want in areas such as workplace diversity.

Democrats on the SEC have lamented the lack of human capital disclosure requirements for companies. Companies currently only have to report their workforce sizes and any human capital objectives or measures they concentrate ...

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