Olam: Human Capital Accounting

This practical example outlines Olam’s approach to human capital accounting which aims to evaluate the talent, skills and inspiration of their workforce, in the same way that they evaluate their financial assets. Olam recognizes that people are the drivers of their success; their workforce is essential to growing their financial capital.

They undertook two pilot projects which focused on the value of engaged employees and increased wages and benefits.

The results of the model predicts that Olam could add an additional S$1.78m in value by further improving employee engagement.

You may also be interested in...


This practical guidance demonstrates the benefits of integrating social and human capital into decision making, in ways that develop resilient and sustainable business models.

Wored Example: Brookfield Asset Management

This practical example demonstrates how Brookfield used  human capital accounting to measure its teams’ contribution to business success and value creation.


Stay up to date with all the latest news at A4S. Our Monthly Newsletter includes the latest guides, reports, Academy dates and thought pieces from finance leaders from across the globe.

Accounting for Sustainability is a Charitable Incorporated Organization, registered charity number 1195467. Accounting for Sustainability is part of The Prince of Wales’s Charitable Foundation (PWCF) Group of Charities.
Registered Office: 2 Finsbury Avenue, Level 02, London EC2M 2PP