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Equality

Companies fail to recruit female board members

Published onsdag 2 mars 2011 kl 08.31

The European Commission has criticised companies within the European Union for failing to recruit an equal share of female and male board members. Development is too slow and today just one in ten board members is a women.

In an opinion piece in newspaper Dagens Industri, the vice president of the European Commission, Viviane Reding, threatens to introduce a mandatory quotation programme by 2012. The goal is to have at least 30 percent women on every board by 2015. By 2020 it should be at least 40 percent.

In Sweden about one in five board members, or about 18 percent, are women. Research has shown that companies with a more equal set-up are more profitable.

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