Norwegian Gender Quota Proved A Success

Norway was

the first country to introduce a quota for women on company boards and this

initiative is now held as a case study for gender diversity at boardroom level

for the European Union. Ms Viviane Reding, the Vice-President of the European

Commission plans to propose similar measures to achieve gender balance in the

corporate boardrooms.

 

The

Norwegian government made it mandatory that public corporations must have an

average of at least 40% women as board members. Since its introduction in 2003, female

representation has gradually increased from 6% in 2002 to more than 40% in

2009. The success is mainly due to the broad political support, fairly though

sanctions, intense political and public debate, the database for

women to publicise their skills and training programmes to improve gender equality for companies.

 

So far,

the European Commission challenged publicly listed companies across Europe to

promote women's leadership by voluntarily signing the 'Women on the Board

Pledge for Europe' (http://ec.europa.eu/commission_2010-2014/reding/pdf/p_en.pdf). The project will be finalised in March

2012 on International Women’s Day.

 

Details of

quota legislation can be found in a report by Friedrich-Ebert-Stiftung (FES) titled Women on Board: the

Norwegian Experience.