Diversity - EU plan for board gender quotas

Proposals will seek views on the proposed levels for the quotas, which agency should monitor and enforce the new limits, and potential punishments for those companies that do not comply.

The Commissioner said that the move was only being considered because many EU countries have failed to make any progress towards the 40% target often mentioned by the EU as the minimum acceptable proportion of women on boards. EU figures show only 13.7% of board members at large listed companies are women ... READ MORE

Released by ICSA Newswire - 9 March 2012