{"id":25976,"date":"2024-04-18T00:00:00","date_gmt":"2024-04-17T23:00:00","guid":{"rendered":"https:\/\/www.labrador-transparency.com\/?p=25976"},"modified":"2026-06-05T06:38:57","modified_gmt":"2026-06-05T05:38:57","slug":"human-capital-management","status":"publish","type":"post","link":"https:\/\/www.labrador-transparency.com\/en\/blog\/human-capital-management\/","title":{"rendered":"Human Capital Management"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"25976\" class=\"elementor elementor-25976\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0172b9c e-ecs-flex e-flex e-con-boxed e-con e-parent\" data-id=\"0172b9c\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;ecs_container_type&quot;:&quot;flex&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-841356d elementor-widget elementor-widget-text-editor\" data-id=\"841356d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Whether or not a company uses the term \u201chuman capital management\u201d in their ESG Report, some topics are almost universally discussed, including: DE&amp;I; recruitment, development, and retention; health and safety; and wellbeing and health benefits.<\/span><\/p><p><span style=\"font-weight: 400;\">The proxy statement should at least acknowledge talent&#8217;s importance in the company&#8217;s long-term strategy, associated risks, and the board&#8217;s role in overseeing talent-related policies. It is advisable to illustrate board engagement by mentioning the frequency of reviews and provide insights into the board&#8217;s role in shaping culture and engaging directly with employees. Consideration should also be given to disclosing key goals, metrics, and initiatives mentioned in the Form 10-K, which can be included within governance disclosures or HCM highlights.<\/span><\/p><p><span style=\"font-weight: 400;\">This Thought Piece examines what shareholders are expecting in Annual Reports, ESG Reports, and Proxy Statements by highlighting examples from BlackRock&#8217;s HCM disclosure in their Annual Report, ESG Report, and Proxy Statement.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c07608d elementor-widget elementor-widget-text-editor\" data-id=\"c07608d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h2><span style=\"font-weight: 400;\">HCM BlackRock\u2019s Reports<\/span><\/h2><h3><span style=\"font-weight: 400;\">HCM in the Annual Report<\/span><\/h3><p><span style=\"font-weight: 400;\">The narrative section of BlackRock\u2019s Annual Report has one dedicated spread to the HCM topics, highlighting their commitment to fostering a vibrant company culture and nurturing its workforce.<\/span><\/p><p><b>BLACKROCK\u00a0<\/b><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fef9e48 elementor-widget elementor-widget-image\" data-id=\"fef9e48\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"574\" src=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2026\/04\/img-02-Human-Capital-Management.webp\" class=\"attachment-large size-large wp-image-25962\" alt=\"img 02 Human Capital Management\" srcset=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2026\/04\/img-02-Human-Capital-Management.webp 800w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2026\/04\/img-02-Human-Capital-Management-300x215.webp 300w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2026\/04\/img-02-Human-Capital-Management-768x551.webp 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bed0a17 elementor-widget elementor-widget-text-editor\" data-id=\"bed0a17\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h2><span style=\"font-weight: 400;\">HCM in the ESG Report<\/span><\/h2><p><span style=\"font-weight: 400;\">In an ESG report, HCM falls under the social section, and includes a comprehensive overview of the employee related topics referenced above. BlackRock provides thorough coverage in a clear and straightforward fashion, spanning across 10 pages.<\/span><\/p><p><b>BLACKROCK<\/b><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5d1bd49 elementor-widget elementor-widget-image\" data-id=\"5d1bd49\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"412\" height=\"541\" src=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2026\/04\/HCM-Blackrock-1.png\" class=\"attachment-medium_large size-medium_large wp-image-26833\" alt=\"HCM Blackrock\" srcset=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2026\/04\/HCM-Blackrock-1.png 412w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2026\/04\/HCM-Blackrock-1-228x300.png 228w\" sizes=\"(max-width: 412px) 100vw, 412px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-497e6b3 elementor-widget elementor-widget-text-editor\" data-id=\"497e6b3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h2><span style=\"font-weight: 400;\">HCM in the Proxy Statement<\/span><\/h2><p><span style=\"font-weight: 400;\">Across three pages, BlackRock\u2019s Proxy Statement summarizes the company\u2019s HCM strategy and key initiatives, and discusses the Board\u2019s role in HCM oversight. Additionally, BlackRock <\/span><span style=\"font-weight: 400;\">discusses HCM oversight as it applies to the Board self-evaluation process, the responsibilities of the Management Development &amp; Compensation Committee, and the management succession planning process.<\/span><\/p><p><b>BLACKROCK<\/b><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-33c7a1a elementor-widget elementor-widget-image\" data-id=\"33c7a1a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"417\" height=\"543\" src=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2026\/04\/Blackrock-HCM.png\" class=\"attachment-large size-large wp-image-26835\" alt=\"Blackrock HCM\" srcset=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2026\/04\/Blackrock-HCM.png 417w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2026\/04\/Blackrock-HCM-230x300.png 230w\" sizes=\"(max-width: 417px) 100vw, 417px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Our thought piece highlights examples to consider for your HCM disclosure in your annual report, ESG report and proxy statement.<\/p>\n","protected":false},"author":19,"featured_media":25972,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false,"footnotes":""},"categories":[63,64,66],"tags":[],"class_list":["post-25976","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sustainability-reporting","category-proxy-reporting","category-annual-reporting"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - 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