Saturday, September 14, 2013
UK threatens firms with gender quotas as women’s appointments fall
The British government, which has staunchly opposed EU efforts to set gender quotas for corporate management, has warned it could introduce quotas if British companies fail to appoint more women to their boards.
The move could give renewed impetus to the gender quota proposal launched last November by EU Justice Commissioner Viviane Reding, which was heavy criticised by Britain.
“Companies should be under no illusion that [the UK] government will adopt tougher measures if necessary,” UK Business Secretary Vince Cable told the daily Standard on 10 April.
“Quotas are still a real possibility if we do not meet the 25% [UK] target,” Cable added.
See full Press Release: http://www.euractiv.com/specialreport-corporate-governan/uk-threatens-companies-quotas-wo-news-519097