While such regulations may be a positive step towards a net-zero economy, they also present human capital risks to the automotive industry. In this article, we’ll be looking at how these challenges are impacting the automotive industry and how they are managing their human capital risks. Driving Change: Automakers and Human Capital Risk ManagementWith the changing automotive industry, manufacturers will have to make significant investments in hiring the skilled talent they need. Sustainalytics data highlights that auto companies in our ratings universe have a wide range in the quality of their human capital programs (see Figure 2). Human capital development programs include such factors as detailed reporting on risks relating to human capital management, recruiting initiatives, and efforts to retain and develop the labor force to manage related risks.

Source: New York Times March 04, 2024 20:15 UTC