Germany's Corporate Boards Lag Behind on Women
Editorial:
From the article:
New quota requirements are changing the gender mix of corporate boardrooms across Europe ever since Norway led the way by passing a quota law of 40 percent in 2003.
Since then plenty of other European countries have followed:
Spain: 40 percent by 2015 for market-listed companies or those with more than 250 employees.
France: 40 percent by 2017 for market-listed companies or those with more than 500 employees.
The Netherlands: 30 percent by 2016 for market-listed companies or those with more than 250 employees.
Iceland: 40 percent by 2013 for companies with more than 50 employees.
Italy: 30 percent by 2015 for market-listed companies.
Belgium: 30 percent by 2016 for big market-listed companies and by 2019 for small- and medium-sized companies.
And what about Germany, where women make up 15 percent of the board of directors?
Chancellor Angela Merkel recently expressed satisfaction with a pledge by some blue-chip companies at an October meeting to voluntarily increase women on their boards at varying paces. There Lufthansa pledged a figure of between 15 and 30 percent by the end of 2020. Adidas talked about 30 percent by the end of 2015.
...
Source:
Women's eNews
URL:
http://www.womensenews.org/story/business/111127/germanys-corporate-boards-lag-behind-women?utm_source=email&utm_medium=email&utm_campaign=email
Date:
November 29, 2011
Affiliate:
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