European Union negotiators are expected to give final approval to the bloc’s first-ever quota for the proportion of women on corporate boards, a lawmaker said on Tuesday, in a bid to boost representation and improve gender equality.
The proposal, which had stalled a decade ago, got new momentum with fresh backing from Germany and France this year. The issue of gender representation in the bloc of 450 million people varies broadly, with Estonia having 9% of non-executive board seats held by women and France more than 45%. The latter has its own legal target of 40% and is the only EU country to surpass that goal.
Overall, women’s representation on boards grew after France, Germany and Italy introduced national policies since 2010. But progress has stalled recently with less than a third of non-executive board members in the EU’s largest listed firms being women, it said.
Oh FFS. And there go the standards.
globebusiness This can't but ensure that there will be persons passed over that shouldn't be passed over
Quality Quotas
It's working so well for washingtonpost LOL