Europe — The Parliament and Council of the EU adopted a new law under which a quota for more women at the top of listed companies will apply in the EU from 2026. A quota of at least 40 percent women among supervisory boards will be mandatory from 2026. If the new rule is applied to both executive and non-executive directors, it will target 33 percent of all directorships by 2026. The law is gender-neutral. If significantly more women than men were on a corresponding board, men would also benefit from the regulation. In the event of non-compliance, companies face penalties, e.g., in the form of fines.
NEXT STEP: The EU countries must now implement the directive.
Source: European Commission