EU pushes 40% quota for women on boards

Author (Person)
Series Title
Series Details 4.9.12
Publication Date 04/09/2012
Content Type

Article reported that Europe’s listed companies will be forced to reserve at least 40% of their non-executive director board seats for women by 2020 or face fines and other sanctions under a legislative proposal being drafted by the European Commission in the summer of 2012 and due to be launched in October 2012.

The legislation was aimed at what EU officials believe is a severe gender imbalance across the bloc’s 27 member states. EU data shows that in January 2012, women represented only 13.7% of board positions in large listed companies.

Related Links
ESO: Background information: Speech: The tug-of-war over the women quota
ESO: Background information: Press Release: Women on Boards: Vice-President Viviane Reding meets with leaders of Europe's business schools and industry
EUObserver, 4.9.12: Reding wants EU law imposing gender quotas
European Commission: DG Justice: Gender equality
Deutsche Welle, 3.9.12: EU pushes for more women's quotas,,16216981,00.html
EurActiv, 4.9.12: Reding to go for 40% gender quota on company boards
EUObserver, 2.10.12: EU commissioner up for 'fight' on gender quotas

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