Proposal for a directive of the European Parliament and of the council on improving the gender balance among companies

Strasbourg 27.10.2015 ​

The 2016 Commission Work Programme presents a focused list of 23 key initiatives across our 10 political priorities, 20 intended withdrawals or modifications of pending proposals and 40 REFIT actions to review the quality of existing EU legislation.

The European Commission estasblihed gender balanced boards as the third priority pending proposal in the Work Programme 2016

The purpose of the proposal is to substantially increase the number of women on corporate boards throughout the EU by setting a minimum objective of a 40% presence of the under-represented sex among the non-executive directors of companies listed on stock exchanges and by requiring companies with a lower share of the under-represented sex among the non-executive directors to introduce pre-established, clear, neutrally formulated and unambiguous criteria in selection procedures for those positions in order to attain that objective.

http://ec.europa.eu/atwork/pdf/cwp_2016_annex_iii_en.pdf