Netherlands to force companies to have more women board members


Reuters | Amsterdam | Updated: 03-12-2019 21:10 IST | Created: 03-12-2019 20:48 IST
Netherlands to force companies to have more women board members
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  • Netherlands

The Dutch parliament on Tuesday voted for a motion that will force companies in the Netherlands to increase the number of women on their boards.

Following an 87-to-63 vote in favor of the motion, companies listed on the Amsterdam stock exchange will have to include at least 30% women on their supervisory boards.

Companies that do not meet this target will have to replace any man leaving the board by a woman or leave the seat empty.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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