US Bundestag decides minimum share of women in board members

16:00  11 june  2021
16:00  11 june  2021 Source:   rp-online.de

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Berlin. The deputies of the Bundestag have decided the so-called "second leadership position law". Among other things, large companies that are listed on the stock exchange must take into account more frequent women for leadership positions. What the law provides for.

 Das Gesetz sei ein ganz wichtiges Signal an Frauen, sagte Bundesfamilienministerin Christine Lambrecht im Bundestag. © Michael Kappeler The law is a very important signal to women, said Federal Family Minister Christine Lambrecht in the Bundestag.

large companies in Germany must take into account women in the occupation of items of the highest management level. The Bundestag decided on Friday the "second leadership position law". The project of the Grand Coalition provides that, in listed and co-registered companies with more than 2000 employees and more than three board members in the future, at least one woman in the board must sit in the listed and coalition.

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For new occupations the items must be considered. "An appointment of a member of the Executive Board in breach of this investment requirement is void," says law. "That's a very important signal to women: everything is open," said Federal Family Minister Christine Lambrecht (SPD) in the debate. AFD and FDP voted against the law, left and green contained.

Other listed or co-determined companies that do not fall under the requirement should be justified in the future if they are planning for the board without women - if they specify a "target size zero" in their reports . If that does not happen, threatening fines. With the law, the reporting obligations for companies are exacerbated accordingly.

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According to the Organization Fidar (women in the Supervisory Board), which has been committed to the topic for the topic for years and the development of the occupation of Supervisory Board and Management Board posts are constantly following 66 listed and co-ordinary companies under the new requirement for a minimum share of women In the board. 24 of them have not been a woman in the top management floor so far. But it is already reacted: Since the statements of the bill have been experienced, seven large companies had called female board members. After the Bundestag decision, the law still has to be by the Federal Council.

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Study: Racial diversity stagnated on corporate boards .
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usr: 3
This is interesting!