Annual Reports- Additional Company Information

A recent Wall Street Journal article pointed out that, “Companies might add something new to their annual reports: a rating of their workers’ health.

“A group of employers, including International Business Machines Corp., PepsiCo Inc. and Johnson & Johnson, are weighing how to publicly report—and measure—the health of their workforce. Such ratings would give shareholders, corporate directors, managers and consumers insight into a company’s commitment to improving employee health, and whether such efforts are getting results. Chronic illness, tobacco use and obesity can drive up a company’s medical costs, but a growing body of research suggests they can also affect productivity and performance.”

The Journal article noted that, “Any health information would be presented in the aggregate, to conform with health-privacy laws;” and added that, “A coalition of employers and insurers, dubbed the Health Metrics Working Group, has been meeting for more than a year to figure out how to collect, interpret and report this data for annual reports or other financial statements.”

This entry was posted in General Interest. Bookmark the permalink. Both comments and trackbacks are currently closed.