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DWS commits to human capital reporting standards

News Team, 19/01/2021

DWS has become one of the first organisations to commit itself to human resources (HR) reporting standards focused on human capital, set out by the International Standards Organisation (ISO).

The asset manager has signed up to Human Capital Reporting Standards ISO30414 – “Human Resources Management: Guidelines for internal and external human capital reporting”– which was set out by ISO at the end of 2018.

The standards provide guidance on the human capital metrics companies should report internally and those they should disclose publicly. This includes core HR areas such as organisational culture, recruitment and turnover, productivity, health and safety, and leadership.

The main purpose of the regulations is to make employee contributions to the business more transparent to investors and to capture details on the measurement and evaluation of human capital metrics.

DWS believes the certification reflects its viewpoint that the development of human capital is a key driver of its organisational success and sustainable people management. It is also a fundamental part of the firm’s commitment to the social and governance ESG strategy to support the global community in achieving the UN’s Sustainable Development Goals.

Kristina Fluegel, head of DWS Human Resources said: “We are absolutely delighted to be one of the first organisations to be certified in accordance with these standards and aspire to lead in this developing area of disclosure. This is particularly important given that enhanced human capital disclosures will improve sustainability, investment analysis, investee engagement and stewardship, client understanding and the management of organisations globally.”

DWS Group (DWS) is responsible for EUR 759 billion of assets under management. It has approximately 3,400 employees and offices all over the world.

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