40% qouta for woman in board of directors - EUSRR - mandatory by June 2026

[12345]

I read that EUSRR is implementing this law. Is this for real or is it a joke I don't know
Female nominee service could be a good business opportunity soon

40% Women on Boards — the New Frontier

The number of women on boards continues to rise. While a 30% board gender diversity target has long been the magic number, the continued evolution of boards, both by choice and by regulation, means 40% women on boards is becoming the new frontier.

www.msci.com

 

[JohnnyDoe]

What’s the problem? Anyone can identify himself as a woman.

 

[jafo]

Anyone can identify himself as a woman.

NGL, you got me!

 

[wellington]

Wait, What... lol

 

[ecool]

What’s the problem? Anyone can identify himself as a woman.

That is true. I'm gender fluid and identify as one gender or another at my convenience.

 

[scooterguy]

They should expand on this. 40% women, 20% black, 10% Asian, etc.

That will make the hiring process a very fun riddle, looking for the best combinations to fill the "diversity" quotas.

 

[intlman]

Isn't that requirement only for public companies though?

 

[12345]

Isn't that requirement only for public companies though?

Yes, publicly traded companies only, but still this is crazy !!!

 

[intlman]

Yes, publicly traded companies only, but still this is crazy !!!

Totally. But easily solved as @JohnnyDoe pointed out!

 

[cryptofriendly]

They should expand on this. 40% women, 20% black, 10% Asian, etc.

That will make the hiring process a very fun riddle, looking for the best combinations to fill the "diversity" quotas.

A Thai ladyboy would fill up some of that quotas.

 

[JohnLocke]

A Thai ladyboy would fill up some of that quotas.

I anticipate a high demand for them soon.

 

[Sols]

Isn't that requirement only for public companies though?

Don't let actual, genuine information get in the way of some good old fashioned rage bait.

 

[12345]

More details below, it's not fake news ! But as I said publicly traded companies only

https://www.consilium.europa.eu/en/policies/gender-balance-corporate-boards/

 

[Sols]

I'm sure this is devastating news to all of you running public companies and can't find women willing to work with you.

 

[12345]

I'm sure this is devastating news to all of you running public companies and can't find women willing to work with you.

I Just wanted to point out how crazy EU is becoming, company directors should be hired based on skill and experience not based on gender... who knows, they might expand this idiotic law to regular companies soon, leave EU insane socialist tax hell while you still can !

 

[Don]

I'm sure this is devastating news to all of you running public companies and can't find women willing to work with you.

Please note that this is about gender and not assigned sex (the directive is about gender, but the annex refers to underrepresented sex - go figure?)

World-renowned professors and gynaecologists have explained this concept in detail:

It seems companies with 2 board members don't have to include women.

https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:32022L2381

 

[MrBurns]

Don't let actual, genuine information get in the way of some good old fashioned rage bait.

100% this.

Would really be interesting to know how many of this board are KGB propaganda bots. Spewing Anti-EU/US propaganda endlessly, meanwhile US and EU are home to some very comfortable and convenient offshore paradises...

 

[jafo]

can't find women

This alone already applies to me. No need to add more barriers to entry - no pun intended

 

[thomasparra]

100% this.

Would really be interesting to know how many of this board are KGB propaganda bots. Spewing Anti-EU/US propaganda endlessly, meanwhile US and EU are home to some very comfortable and convenient offshore paradises...

Care to elaborate on the EU or US offshore paradises you are referring to, that are here to stay for at least the next five years and that don't require you to be a UNWI or running a global, billion dollar company with strong trademark or IP?

 

[jafo]

Would really be interesting to know how many of this board are KGB propaganda bots.

Matthew 7:7​

Ask and you shall receive: State-sponsored Internet propaganda - Wikipedia