After a 10-year stalemate the European Institutions (Commission, Council and Parliament) have reached political agreement on the draft legislation to ensure gender parity on the boards of publicly listed companies in the EU; the so called 'Women on Boards Directive'.
Under this agreement, in-scope companies will be required to achieve a target of 40% of non-executive director posts to be allocated to the under-represented sex by 30 June 2026 ('40% Target'). The draft Directive provides for penalties to be implemented in the event of non-compliance.
You are invited to join our webinar during which a member of the European Commission Cabinet and a panel of experts will discuss the draft legislation, examine how companies and governments will look at implementation, and consider the impact on companies and their culture and strategies, as well as the wider social impact.
About Clifford Chance
At Clifford Chance, inclusion is a core value of our firm and of the law itself.
It is rooted in the oldest traditions of the law’s commitment to equal status and standing for all people. It is also a business imperative to provide the best and most innovative solutions for our clients, and we need teams that draw on a diversity of thought and experience.
Our history as a firm has been anchored in innovative and diverse cultures and approaches which have both disrupted traditional attitudes and set global standards. We believe that to help achieve these values we have to be champions of, and campaigners for them across our firm, with our clients, and in the world. We are proud to be a majority female firm but we know we must work to ensure that this is reflected at all levels of our business.