Balanced Representation of Women and Men
The German government aims to achieve a balanced representation of women and men in leadership positions. To this end, the Federal Cabinet adopted a draft law on December 13, 2024, which amends the Equal Opportunities Act and the German Stock Corporation Act.
The draft law provides for the following measures:
- Targets for the representation of women on supervisory boards: Listed companies with more than 2,000 employees must ensure that women hold at least 30% of the seats on their supervisory boards by 2026. This target will be increased to 40% by 2028.
- Targets for the representation of women on management boards: Listed companies with more than 500 employees must ensure that women hold at least 20% of the seats on their management boards by 2026. This target will be increased to 30% by 2028.
- Transparency and reporting: Companies must report annually on the representation of women in leadership positions. This report must be published on the company’s website.
- Support for women in leadership: The government will provide support for women who are interested in pursuing leadership positions. This support will include mentoring programs, training, and networking opportunities.
The draft law is now being submitted to the Bundestag for debate. The Bundestag is expected to vote on the law in early 2025.
The government’s goal of achieving a balanced representation of women and men in leadership positions is in line with the European Union’s commitment to gender equality. The EU has set a target of having women hold at least 40% of non-executive director positions on the boards of listed companies by 2026.
The German government’s draft law is a significant step towards achieving gender equality in leadership positions. The law will help to ensure that women have equal opportunities to succeed in the workplace.
Ausgewogene Vertretung von Frauen und Männern
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Kurzmeldungen (hib) a new article on 2024-12-13 13:32 titled “Ausgewogene Vertretung von Frauen und Männern”. Please write a detailed article on this news item, including any relevant information. Answers should be in English.
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