Gender balance on boards directive given green light by EU Council
The European Council has given its final go-ahead to new EU rules designed to promote more balanced gender representation on the boards of publicly listed companies.
The draft directive requires listed companies to have at least 40% of non-executive director positions held by members of the underrepresented sex by 2026. If member states choose to apply the new rules to both executive and non-executive directors, the target would be 33%.
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