A decade after it was first proposed, the EU’s directive on improving gender balance among directors of listed companies and related measures was adopted by EU co-legislators in November 2022, coming into force in December 2022. The directive requires at least 40 % of the non-executive members of the boards of listed companies, or at least 33 % of all directors, to be of each gender.
The European Institute for Gender Equality (EIGE) monitors gender balance among key decision-makers biannually for the largest listed companies in the EU and annually for central banks and European financial institutions. Regular monitoring remains vital in tracking progress towards the achievement of legislative targets. This brief presents the latest situation and trends in the gender balance among key decision-makers in large corporations and financial institutions in the EU.