Published on June 3, 2024 by Alina Grădinaru
Gender Balance on Corporate Boards (Sponsored by Clifford Chance)
The European Commission, Council and Parliament have reached political agreement on the draft legislation to ensure gender parity on the boards of publicly listed companies in the EU: the 'Women on Boards Directive'.
Under this agreement, in-scope companies will be required to achieve a target of 40% of non-executive director positions, or 33% for all board positions, to be allocated to the under-represented sex by 30 June 2026. The draft Directive provides for penalties to be implemented in the event of non-compliance.
This is a recording of a webinar during which a member of the European Commission Cabinet for Equality and a panel of experts will discuss the draft legislation, examine how companies and governments will look at implementation, and consider the impact on companies and their culture and strategies, as well as the wider social impact.
Given this legislation is of significant importance, we are making this webinar recording open to all of the PWN community.