Corporate governance (gender balance) bill 2021

  • What is the gender balance on boards in Ireland?

    In 2023, 24.6% of Boards of Directors in Ireland were female while 75.4% were male, compared with 21.8% of females and 75.4% of males in 2021.
    Female Chairpersons increased from 14.0% in 2021 to 18.7% in 2023.
    Female Chief Executive Officers (CEOs) increased from 13.4% in 2021 to 19.0% in 2023, the largest increase .

  • What is the gender quota on the board of directors?

    Soft and binding quota regulations
    The European Commission has considered a binding minimum quota for female board members of 30% by 2015 and 40% by 2020, and some EU countries have implemented similar quotas (Figure 1)..

  • Why is gender equality important in corporate governance?

    Firms with gender equality supportive policies tend to provide a less stressful work environment and have lower employee turnover, which in turn enhances human and social capital of the company..

  • Firms with gender equality supportive policies tend to provide a less stressful work environment and have lower employee turnover, which in turn enhances human and social capital of the company.
  • In 2023, 24.6% of Boards of Directors in Ireland were female while 75.4% were male, compared with 21.8% of females and 75.4% of males in 2021.
    Female Chairpersons increased from 14.0% in 2021 to 18.7% in 2023.
    Female Chief Executive Officers (CEOs) increased from 13.4% in 2021 to 19.0% in 2023, the largest increase
  • Soft and binding quota regulations
    The European Commission has considered a binding minimum quota for female board members of 30% by 2015 and 40% by 2020, and some EU countries have implemented similar quotas (Figure 1).

What is a 'gender balance bill'?

That leave be granted to introduce a Bill entitled an Act to make provision for the regulation of gender balance on the boards and governing councils of corporate bodies and related matters

This Bill will make provision for the regulation of gender balance on the boards and governing authorities of corporate bodies and related matters

What is the Irish corporate governance (gender balance) Bill 2021?

The Irish Corporate Governance (Gender Balance) Bill 2021 was presented to Dáil Éireann during the week

Proposals in the Bill include a mandatory33 per cent of a company’s board must be female after the first year of enactment, rising to 40 per cent after three years

When did the Council adopt a gender balance directive?

On 17 October 2022, the Council adopted the final text of the directive on gender balance on corporate boards

Council approves EU law to improve gender balance on company boards (press release, 17 October 2022) Is there something wrong with this page?


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