Fabian Demicoli

Commission proud of unprecedented female percentage in company boardrooms

 On 29
September, Commissioner Reicherts was pleased to report that, since October
2010, the share of women in boards of publicly listed companies had risen by
7.6 points, reaching the unprecedented percentage of 18.6%.

The Commissioner
stressed that such accomplishment was the result of a very efficient regulatory
pressure. Procedural quotas have indeed allowed companies to attract female
talents in boards of companies. Willing to take this positive development
further, the Commission, on 14 November 2012, has drafted a directive aiming
for a share of 40% of female members on the boards of the publicly listed
companies. The Council of Ministers is currently discussing this proposal,
which is strongly supported by the European Parliament.

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