The European Parliament and EU Member States reached an agreement on the evening of June 7 local time, stipulating that women should account for at least 33% of the board members of major EU companies. This provision shall be implemented before June 30, 2026. Small and medium-sized enterprises with less than 250 employees may not implement this standard.
Access:
The act stipulates that EU listed companies are required to submit the information on the composition of the board of directors to the regulatory authorities on an annual basis. In case of any violation, they will be fined or the appointment of board members will be rejected.
This bill was first proposed by the European Commission in 2012, but it is highly controversial among Member States. After ten years of negotiations, the parties finally reached an agreement. After the adoption of the bill, European Commission President von delaine said that this is a great day for European women.
At present, women account for an average of 30.6% of the board members of all listed companies in the EU, including 45.3% of the board members of Listed Companies in France. (CCTV reporter Tao Ye)