Gender balance in business and finance - October 2023

The directive requires at least 40 % of the non-exec- The European Institute for Gender Equality (EIGE) monitors gender bal- utive members of the boards of listed companies, or at least 33 % of all ance among key decision-makers biannually for the largest listed com- directors, to be of each gender. [...] How- Two in five of the largest listed companies in the EU already meet the directive target for non-executive directors In October 2023, almost two fifths of the largest listed companies in the EU Furthermore, nearly 6 in 10 of the companies covered (321 out of 561, 57 %) (229 out of 561, 39 % (4)) included in EIGE’s sample met the target set by the have already reached the minimum threshold of h. [...] Hence, accelerated change Data shows that the rate of change in the share of women executives in in the share of women executives should be expected in the coming months quota Member States has doubled from + 0.8 pp/year to + 1.7 pp/year since as Member States start incorporating the regulation into their national law. [...] The nors of the EIB (11), while the six-member Board of Directors of the EIF now euro area monetary policy is in the hands of the European Central Bank has an equal number of men and women (12). [...] Comprehensive information about the basis for the sample of companies and specifications of the coverage of the data can be found in the ‘Metadata’ tabs of each indicator (e.g.