EU’s female board quota plan set to fail

Author (Person)
Series Title
Series Details 21.10.12
Publication Date 21/10/2012
Content Type

Article suggest that a European Commission plan to impose a 40% female quota on listed company boards looked likely to be blocked on the 22 October 2012 as a rising number of Commissioners had expressed categorical opposition to the proposal.

In the event the original proposal was scrapped on the 23 October 2012 after EU Legal Service ruled that mandatory gender caps were illegal under the bloc’s treaties. A milder version of the proposal was launched on the 14 November 2012.

Related Links
ESO: Background information: EU pushes 40% quota for women on boards http://www.europeansources.info/record/eu-pushes-40-quota-for-women-on-boards/
EurActiv, 22.10.12: Reding in uphill fight over corporate gender quotas http://www.euractiv.com/justice/reding-uphill-fight-corporate-ge-news-515567
BBC News, 23.10.12: European Union postpones women quota on boards plan http://www.bbc.co.uk/news/business-20039540
EUObserver, 23.10.12: EU gender quota law kicked into November http://euobserver.com/social/117973
EUObserver, 24.10.12: Time for real debate on EU chauvinism http://euobserver.com/opinion/117983
EWL: Press Release, 19.9.12: Nine countries move to block key EU equality legislation for women on boards http://www.womenlobby.org/spip.php?article4037&lang=en
EUObserver, 14.11.12: EU commission to 'smash glass ceiling' on gender http://euobserver.com/social/118197
EurActiv, 15.11.12: Reding pushes 40% female quota on corporate boards http://www.euractiv.com/socialeurope/commission-gives-green-light-gen-news-516048
European Commission: RAPID: Press Release, IP/12/1205: Women on Boards: Commission proposes 40% objective http://europa.eu/rapid/press-release_IP-12-1205_en.pdf
European Commission; DG Justice: Newsroom, 14.11.12: Women on Boards: Commission proposes 40% objective http://ec.europa.eu/justice/newsroom/gender-equality/news/121114_en.htm
European Commission: Memo/12/860: Questions and Answers: Proposal on increasing Gender Equality in the Boardrooms of Listed Companies http://europa.eu/rapid/press-release_MEMO-12-860_en.htm
European Commission: Speech/12/818: Viviane Reding: A historic day for gender equality http://europa.eu/rapid/press-release_SPEECH-12-818_en.htm

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