Response to EC Consultation on Gender Imbalance in EU Corporate Boards
25 April 2012
On April 25, Eurosif submitted its Response to the EC Consultation on Gender Imbalance in EU Corporate Boards. In its Response, Eurosif reinforces its position on the topic, namely:
- Eurosif’s position is that gender imbalance should be addressed first through a Recommendation addressed at establishing national mechanisms with minimum recommended levels of gender representation on boards (and management).
- This should be coupled with disclosure requirements and a ‘comply-or-explain’ approach as long as a framework is provided to ensure a sufficient quality of explanations. Additional EU legislation is appropriate if this proves ineffective.
Download Reponse here.