A new law obliges listed companies in all 27 EU member countries to have women take up at least 40% of non-executive board seats, or 33% of executive and non-executive roles combined by mid-2026.
The European Institute for Gender Equality (EIGE), an EU agency, said last April such binding quotas have proven more effective in improving balance on boards compared to countries legislating softer measures, or none at all.
We’ve finally been able to kiss the Sleeping Beauty awake,” Lara Wolters, a Dutch socialist and a lead negotiator for the European Parliament.