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of women in all boards”},”showgrid”:true,”tickformat”:”.2%”},”legend”:{“title”:{“text”:”Quota aim of the country”},”tracegroupgap”:0,”orientation”:”v”,”y”:0.2,”yanchor”:”bottom”,”x”:1,”xanchor”:”center”},”title”:{“subtitle”:{“text”:”Hover over the lines for more information and click on the legend to filter the countries.\n\n”},”text”:”Evolution of Female Share in Corporate Boards of Listed EU Companies”},”height”:800,”width”:900,”font”:{“family”:”Arial”},”annotations”:[{“font”:{“color”:”rgb(150,150,150)”,”family”:”Arial”,”size”:12},”showarrow”:false,”text”:”Source: BoardEx data on EU companies from 1999 to 2024″,”x”:0.5,”xanchor”:”center”,”xref”:”paper”,”y”:-0.09,”yanchor”:”top”,”yref”:”paper”},{“font”:{“color”:”#156070″,”family”:”Arial”,”size”:12},”showarrow”:false,”text”:”EU Corporate Boards Directive (33%)”,”x”:0.1,”xanchor”:”left”,”xref”:”paper”,”y”:0.88,”yanchor”:”top”,”yref”:”paper”}],”shapes”:[{“line”:{“color”:”#156070″,”dash”:”dot”,”width”:3},”opacity”:1,”type”:”line”,”x0″:0,”x1″:1,”xref”:”paper”,”y0″:0.33,”y1″:0.33,”yref”:”y”}],”hovermode”:”x”}, {“displayModeBar”: true, “responsive”: true} ) };The EU Parliament determined that, by June 2026, all the large and listed companies in the region should have a proportion of a least 33% of the underrepresented sex in all of their corporate boards. We examined the listed companies, with data in BoardEx for 2024 and backwards, of the region and found that only the countries with the most progressive quotas are complying so far with the regulation.
// The EU directive can be seen as an attempt to expand the success of the hardest quotas on the diversity of the boards. // The type of quota matters (quote)
// The numbers here do not directly match the ones of the regulation because here all listed companies are included, not just the large ones.
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// It is important to notice that even when a country might not have implemented a quota, it can have some measures that promote diversity in the boards. Where the Scandinavian countries (Sweden, Denmark and Finland) are close to the goal of the Directive, probably because of their general gender equality measures (quote).