Of the largest roughly 100 listed companies in Germany, women accounted for only 11.5pc of board seats. The German legislation also sets out stricter gender equality rules for government-controlled companies, where boards with more than two members will have to have at least one woman on them. Gillian Harford, country executive at The 30pc Club Ireland, said the organisation is more supportive of targets than legal quotas. There is also a danger that quotas, especially with very low quotas, will become a tick box exercise and that firms will adopt a “one and done” mentality, she said. There are also no signs that they do anything to improve the talent pipeline and quotas at board level don’t always translate to better representation at C-Suite level, she said.
Source: Irish Independent January 07, 2021 02:26 UTC