On 22 November 2022, the European Parliament adopted the “Women on Boards” Directive on gender balance on corporate boards of listed EU companies.
By the end of June 2026, these companies will need to have at least 40% of non-executive board seats or 33% of all board seats for listed companies occupied by the “under represented sex”.
“The adopted Directive aims to ensure that gender balance in corporate boards of large listed EU companies is established across the EU and appointments to board positions are transparent and that candidates to board positions are assessed objectively based on their individual merits, irrespective of gender.”
