The EU has agreed that companies will face mandatory quotas to ensure women have at least 40% of seats on corporate boards.
After 10 years of stalemate over the proposals, EU lawmakers hailed a “landmark” deal for gender equality. As well as the legally binding target, companies could also be fined for failing to recruit enough women to their non-executive boards and see board appointments cancelled for non-compliance with the law.
From 30 June 2026 large companies operating in the EU will have to ensure a share of 40% of the “underrepresented sex” – usually women – among non-executive directors. The EU has also set a 33% target for women in all senior roles, including non-executive directors and directors, such as chief executive and chief operating officer.
In 2021 women occupied 30.6% of boardroom positions across the EU, but this varied widely across the 27 member countries. France, which has … Read more