Binding targets for boardroom gender equality come 10 years after proposals first made
The EU has agreed that companies will face mandatory quotas to ensure women have at least 40% of seats on corporate boards.
After 10 years of stalemate over the proposals, EU lawmakers hailed a “landmark” deal for gender equality. As well as the legally binding target, companies could also be fined for failing to recruit enough women to their non-executive boards and see board appointments cancelled for non-compliance with the law.
