Binding targets for boardroom gender equality come 10 years after proposals first made
has agreed that companies will face mandatory quotas to ensure women have at least 40% of seats on corporate boards.
From 30 June 2026 large companies operating in the EU will have to ensure a share of 40% of the “underrepresented sex” – usually women – among non-executive directors. The EU has also set a 33% target for women in all senior roles, including non-executive directors and directors, such as chief executive and chief operating officer.
Italy, the Netherlands, Sweden, Belgium and Germany were the next best countries, with between 36% and 38% female participation in the boardroom; while fewer than one in 10 non-executive directors were women in Hungary, Estonia and Cyprus. National authorities, who are responsible for enforcing the directive, are empowered to impose fines. National courts can annul boardroom selections if a company breaks the law. The measures will not apply to companies with fewer than 250 employees.made its first proposal for a 40% quota on women on boards in 2012, but the plan was blocked by big member states including Germany and the UK.
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