Board-Level Safety Oversight Is Falling Under Scrutiny

Comp committees have broadened their areas of concern to include human capital

Human capital issues have risen to become a top concern of compensation committees, and with potential new disclosure rules on the horizon, board members have even more reason to ensure that human capital and safety measures are top notch, sources told Agenda.

Corporate directors should foster an environment of learning, understanding and support when dealing with safety matters, sources told Agenda, noting that a culture of fear and retaliation can lead to disastrous outcomes.

Many boards included safety-related metrics in executive compensation plans last year to incentivize executives on the issue, according to public company intelligence provider MyLogIQ.