EU: target of 40% of women on company boards by 2020

Voluntary measures.  Currently, there are only 10% of women on the boards of the largest publicly listed companies in the EU.  Besides, they only account for 3% of the presidents of the board.  The European Commissioner would like to see 30% of women on company boards by 2015 and 40% by 2020.  “How do we get there?” Viviane Reding asked on November 22nd during a speech given at the European Institute for Gender Equality located in Vilnius, Latvia.  “I am not a fan of quotas. Instead, I prefer voluntary measures and self regulation. Companies such as Deutsch Telekom are setting a good example” she said.  In March 2011, she will meet with the representatives of big European companies in a Summit in Brussels to talk about the issue.
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ean Institute for Gender Equality located in Vilnius, Latvia. “I am not a fan of quotas. Instead, I prefer voluntary measures and self regulation. Companies such as Deutsch Telekom are setting a good example” she said. In March 2011, she will meet with the representatives of big European companies in a Summit in Brussels to talk about the issue.

Quotas and other priorities. Without directly mentioning the introduction of quotas, the Commissioner nevertheless implied that she could appeal to t

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