ISO 30414, human resource management – Guidelines for internal and external human capital reporting, is the first international standard that allows an organization to get a clear view of the actual contribution of its human capital. It is applicable to enterprises of all types and sizes, and provides guidelines on core HR areas such as organizational culture, recruitment and turnover, productivity, health and safety, and leadership. 

Traditional financial reporting by organizations typically treats human capital as an expense and contains minimal information on talent management effectiveness and productivity in relation to revenue and profit. This leaves management and stakeholders with little information to evaluate whether the current workforce strategies align with the overall business objectives.

Organizations who adopt ISO 30414 and receive certification have made the commitment to more transparent reporting to management and stakeholders on the business impact of human capital. ISO 30414 outputs also help public companies comply with the U.S. Security and Exchange Commission’s new human capital disclosure requirements.