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Female quotas on corporate boards: draft EU legislative proposal to require Europe's listed companies to have at least 40 female non-executive directors

  • Herbert Smith Freehills LLP
  • -
  • European Union
  • -
  • September 6 2012

Europe's listed companies could be forced to ensure that at least 40 of non-executive board positions are held by women by 2020 or face fines or other sanctions under a legislative proposal being drafted by the European Commission, according to recent press reports

Board level diversity skirting the issue

  • Herbert Smith Freehills LLP
  • -
  • United Kingdom
  • -
  • May 18 2012

Although there are provisions in the Equality Act 2010 which allow employers to take certain steps to encourage female representation on their boards, the legal constraints within these provisions mean that, in practice, achieving this can be problematic