Human Capital Reporting Standard - DIN ISO 30414
The need to present a company's financial performance in a transparent and uniform manner led to the introduction of standards for financial reporting and accounting decades ago. These standards make it possible to describe the financial results and position of a company in a standardized way. Despite the widespread acceptance and application of these financial standards, there was a significant gap in reporting until 2018: there was no internationally recognized reporting standard that similarly reflected a company's performance in terms of its human capital. To close this gap, ISO 30414 was created, which relies on the global credibility and recognition of the International Organization for Standardization (ISO).
- The standard represents the first official international framework for standardization in the field of external and internal human capital reporting.
- The standard was published on the ISO website in December 2018.
- By being compliant to the ISO 30414 standard, organizations can further position themselves in the context of sustainable corporate governance. It directly contributes to the "S" and "G" in "ESG".
- By implementing the standard, organizations can show internally and externally that they further professionalize their HR function.
- Due to the global uniqueness of the ISO 30414 Human Capital Reporting standard, organizations have exactly one standard to choose from.
Current publications:
- For large organizations, 23 KPIs are in scope in the area of External Human Capital Reporting
- For small and medium organizations, 10 KPIs are in scope in the area of External Human Capital Reporting
Success Stories
Overview of organizations that have already received official certification for the implementation of ISO30414 as part of their human capital reporting:
Our References
Implementation of the HCR according to DIN ISO 30414
HCR field report: Infineon
Infineon is one of the first companies internationally to be officially certified according to ISO 30414 for Human Capital Reporting. We were able to support Infineon as a certification partner and with our developed ISO 30414 standard process.
Read the full experience report
Importance of ISO certification for ESG
The ISO standard directly contributes to the ESG strategy of organizations - especially the "S" (Social) and the "G" (Governance) in ESG, which are often underrepresented in the public ESG discussion. Human capital reporting is relevant for ESG strategies as it covers the social dimension, mitigates risks, creates competitive advantages, promotes long-term sustainability and strengthens the relationship with employees.
ISO certification at Rheinmetall
We would like to congratulate Rheinmetall AG on achieving ISO certification for Human Capital Reporting, a milestone that underlines the importance of transparency and standardization in HR. This certification, a privilege previously granted to only a few DAX-listed companies, marks a decisive step in the development of HR strategies and practices. It serves as a globally recognized benchmark for quality and efficiency in HR administration and signals a strong commitment to optimizing HR processes and metrics.
It not only provides a solid basis for internal decision-making processes and performance improvements, but also contributes to improving ESG (Environmental, Social, and Governance) performance. This strengthens stakeholder trust and positions Rheinmetall as a pioneer in HR innovation. We at 4C GROUP are proud to have been able to support this project and would like to emphasize Rheinmetall's commitment to a future-oriented HR policy.
Webinars
Is the New EU Sustainability Reporting Directive a Gamechanger for Stakeholder Management?
Decide for yourself: On 21 March from 1 pm ET, Dr Heiko Mauterer and Carmen X. W. Lu from Wachtell Lipton discussed the possible effects of the new regulations. Watch the intriguing discussion or see some highlights at the ESM Website.
Stakeholder Capitalism
In one of the latest Enterprise Engagement Alliance webinars 4C senior partner Dr. Heiko Mauterer alongside R. Edward Freeman, Alex Edmans and more explained the importance of human capital management and stakeholder engagement in the 21st century and talked about why stakeholder capitalism helps in becoming a better company.
Why Human Capital is a Marketing Issue
4C Senior Partner and ISO 30414 expert Dr. Heiko Mauterer and his team support companies on their way to compliance with the Human Capital Reporting Standard. In the Enterprise Engagement Alliance webinar with Bruce Bolger and Dr. Solange Charas Dr. Heiko Mauterer explains why the idea of ISO 30414 Human Capital Reporting has moved from a compliance to a marketing and communications opportunity.
The ISO 30414 Certification Business Opportunity
In the latest Enterprise Engagement Alliance YouTube show, executives from Allianz and Infineon explain why their organizations adopted the ISO 30414 Human Capital Reporting Standards, what was involved in the implementation, and how their organizations plan to use the standards in the future. 4C Senior Partner und ISO 30414 expert Dr. Heiko Mauterer, who supported the certifications of these two leading multinational companies, also talks about the benefits of implementing human capital reporting standards.
Our Approach
The quick start: The 4C Quick Checkup
A simple and efficient method for getting started is the "4C Quick Checkup". This is a gap analysis that assesses an organization's readiness for certification.
On the way to certification: The 4C Certification Assessment
Organizations can then start a 4C "Certification Assessment" to obtain ISO certification.
Please contact our expert Heiko Mauterer (heiko.mauterer∂4cgroup.com) for further information.
Enhance your Human Capital value with the DIN ISO 30414 certification from 4C. It's a key step for boosting employee engagement and strengthening stakeholder trust in your company.
Dr. Heiko Mauterer | CHRO Advisory 4C GROUP
Publications
Publication: "Making the Human Factor visible"
Infineon Technologies AG was one of the first companies in the world to undergo the worldwide to undergo the ISO certification "Human Capital Reporting".
Publication in Personalmagazin 11/2022
4C E-Booklet: ISO 30414 - Our certification services
A quick look at the opportunities of Human Capital Reporting according to DIN ISO 30414: Contents, requirements, and successful implementation as well as the key steps for your benefit and our certification services.
Publication: "Key Metrics in HR - Human Capital Reporting"
First guideline for human capital reporting published: ISO 30414
Publication in HR Performance 2/2019
4C E-Booklet: International Guideline for Human Capital Reporting ISO 30414
The significance of Human Capital for organizations, along with the core content and application of the guideline, are examined to illustrate the benefits and implications.
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