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Explore the necessity of achieving gender balance in corporate leadership roles, highlighting the slow progress and challenges faced across EU Member States. Learn about proposed directives and complementary measures to promote equality and diversity in the workplace.
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“Towards the Top – Advancing Women in the Workplace" Gender balance in corporate leadership positions : an economic and business imperative Daniela Bankier, Head of Gender Equality, DG Justice 29 April 2013, Dublin
Gender balance in corporate leadership: • an economicimperative • a matter of interest for society • and not just a "women's issue" Progress has been slow and the issue remains a challenge for all EU Member States
All men at the top 97% of board chairs are men and just 3% women There are even fewer female CEOs – just 2% In October 2012 just 19 out of 582 of the largest companies in EU Member States had a female chairperson or president. Only 14 had a female CEO. Source: European Commission Database on women and men in decision-making
Figure 1 - Gender balance on corporate boards in the EU, 2003-2012 Progress is slow: around 0.8 pp. per year between 2003-2012
A comprehensive approach to tackle the existing barriers: - legislation : the 40% rule - complementary measures
Improving gender balance among non- executive directors of companies listed on stock exchanges (excluding SMEs) Proposal for a Directive (November 2012): • Binding objective of 40% for non-executive directors • by 1 January 2020 (or 2018 for public undertakings)
Complementary measures • Support initiatives to combat gender stereotyped representations of women's and men's roles • Contribute to the creation of a social, economic and business environment that facilitates equal opportunities for women and men in leadership • Promote the economic and business case for gender equality • Support/monitor progress across the EU
Thankyou for your attention! http://ec.europa.eu/justice/gender-equality/index_en.htm http://www.eige.europa.eu/