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EU strikes deal to impose 40% quota for women on boards of large companies by 2026 | Euronews

Women and men around a boardroom table

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The legislation requires listed companies in all 27 EU member states to have women take up at least 40 per cent of non-executive board seats or 33 per cent of all board director roles by mid-2026.

The Women on Boards” directive applies to companies with at least 250 employees.

It aims to introduce transparent recruitment procedures in companies, so that at least 40 per cent of non-executive director posts, or 33 per cent of executive and non-executive roles combined, are occupied by the under-represented sex – generally women. Where candidates are equally qualified for a post, priority should go to the candidate of the under-represented sex. Member states in The European Union will need to transpose the directive into their own national legislation over the next two years.

However, we need to be wary that algorithms used in human resources systems which are built on historical data reflecting past bias against women in the workplace, and tend to disadvantage women throughout their careers. According to the study, published on International Women’s Day in a joint collaboration between UNESCO, the OECD and the Inter-American Development Bank., Artificial intelligence is enforcing existing gender biases when it comes to recruitment.

Which brings us around to the recurring conversation around the need for more women in technology and in particular, in Digital Health.

Read the Euronews article >>

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See how Australia is tracking

View the Workplace Gender Equity Agency‘s Gender equality workplace statistics at a glance 2022 on the Workplace.

 

(Photo credit – Euronews)

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