Boardroom diversity

UK: Government proposed reforms – equal pay, diversity, picketing and employment agencies

Consultation over the Government's plan to require larger companies to publish pay information showing whether there is a gender pay gap closed in September. The response is awaited but in the meantime David Cameron announced that the measures would extend … Continue reading

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Filed under Boardroom diversity, Discrimination and equal pay, Employment law reforms, Jurisdiction: UK, Remuneration

Germany: Quota for women on supervisory and management boards

In December 2014, the German government adopted a legislative draft which provides for a quota for women on supervisory boards and certain management positions, applicable as of 2016.  The draft will now be considered by the German parliament but is likely … Continue reading

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Filed under Boardroom diversity, Jurisdiction: Germany

UK: Women on Boards – EHRC guidance on the limits of lawful positive action

In March 2014 Business Secretary Vince Cable was reported to back the use of women-only shortlists by headhunters searching for candidates to fill board positions.  At the same time a review of the Voluntary Code of Conduct for Executive Search firms … Continue reading

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Filed under Boardroom diversity, Discrimination and equal pay

EU Gender Directive: Council of Ministers’ Progress Report indicates there is not yet consensus

 The EU Parliament voted in favour of the draft EU Gender Directive to address gender balance on corporate boards in November 2013 and the Directive then passed to the Council of Ministers.   In June 2014, the President of the Council … Continue reading

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Filed under Boardroom diversity, Jurisdiction: Cross-border

UK: Women on Boards: Voluntary Code for Executive Search Firms – March 2014 Review

In a review of the Voluntary Code of Conduct for Executive Search firms, published on 4 March 2014, Charlotte Sweeney considers whether the Code continues to have a positive impact on the board recruitment process and makes recommendations to improve … Continue reading

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Filed under Boardroom diversity, Jurisdiction: UK

EU Gender Directive: EU Parliament votes in favour of the draft Directive

Yesterday, 20 November 2013, the EU Parliament voted in favour of the legislative report on the EU Gender Directive which will oblige companies to adopt clear and transparent appointment procedures in order to attain at least 40% female non-executive directors … Continue reading

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Filed under Boardroom diversity, Jurisdiction: Cross-border

UK: Board diversity – Cranfield board diversity progress report published

Cranfield School of Management has published its latest report on Women on Boards. As well as setting out the most recent figures for the percentage of women holding directorships amongst the FTSE 350, the report includes details on how FTSE … Continue reading

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Filed under Boardroom diversity, Jurisdiction: UK

EU Gender Directive: 40% non-executive directors on EU largest listed companies by 2020 – EU Committees vote in favour of draft Directive

The EU Committees on Women’s Rights and Gender Equality and Legal Affairs voted today in favour of a joint report on the draft EU directive which will require EU-listed companies to ensure, by 2020, that at least 40% of their … Continue reading

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Filed under Boardroom diversity, Discrimination and equal pay, Employment law reforms, Jurisdiction: Cross-border, Jurisdiction: France, Jurisdiction: Spain, Jurisdiction: UK

EU: Gender Balance on Company Boards – draft EU Directive “does not go far enough” argues the Committee on Economic and Monetary Affairs

As previously reported, the European Commission adopted a proposal for a gender Directive which plans to introduce a 40% “minimum objective” for the proportion of female non-executive directors (“NEDs”) on EU listed companies, and the Directive passed the subsidiarity test … Continue reading

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Filed under Boardroom diversity, Employment law reforms, Jurisdiction: Cross-border

UK: Review the Voluntary Code of Conduct for the board appointment search process

Business Secretary, Vince Cable, has announced that Charlotte Sweeney is to review the Voluntary Code of Conduct that the executive search industry use during the board appointment search process. The Code was established in July 2011 in response to a … Continue reading

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Filed under Boardroom diversity, Jurisdiction: UK