Source: European Commission Spokesperson's Service
Today, the European Parliament has formally adopted the new EU law on gender balance on corporate boards. By 2026, companies will need to have 40% of the underrepresented sex among non-executive directors or 33% among all directors.
On this occasion, President von der Leyen together with Vice-President Jourová and Commissioner Dalli issued the following statement:
“This is a long-awaited moment, a moment to be celebrated as a breakthrough in gender equality.
After ten years since its proposal by the European Commission, we will now have an EU law to break the glass ceiling of listed companies boards.
There are plenty of women qualified for top jobs and with our new European law, we will make sure that they have a real chance to get them.”
The statement and the factsheet are available online.