EU proposes gender balance quotas for listed company boards

Download document:

EU proposes gender balance quotas for listed company boards - .PDF file.

On 14 November 2012, the European Commission adopted a proposal for a directive that aims to substantially increase the number of women on EU corporate boards. In the Commission’s view, non-binding efforts to enhance female board representation have proven ineffective. The proposed measures are intended to be of a transitory nature (i.e., until sustainable progress has been reached in the gender composition of boards). Accordingly, the Proposed Directive would expire on 21 December 2028.

Click on the link above to download this Cleary Gottlieb briefing.