Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-28-Speech-3-288-000"

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"The equal representation of women and men in management positions must be guaranteed by means of quotas, if voluntary action produces no result. A year ago, the Commissioner responsible for gender equality, Ms Reding, challenged listed companies in Europe to commit to voluntary action to increase the number of women in management positions. Only 24 companies replied to the survey, and last year the number of women on corporate boards grew only slightly, from 11.8% to 13.7%. The fact that Ms Reding’s initiative failed clearly shows that voluntary action is not enough to boost equality in corporate management. Ms Reding said a year ago that if voluntary action is not enough, then binding measures would have to be introduced. Last year, Parliament gave its support to Ms Reding’s initiative, and so it must now call for more robust efforts to increase equality. Parliament is to vote on the EU’s corporate governance framework for European companies, which demands clear goals for gender equality. By 2015, 30% of either gender must be represented in corporate management, and by 2020 that figure should be 40%. At the current rate, this target would not be achieved until the latter half of this century. Non-discrimination in policy-making is not only a matter of equality: it is also one of quality. The larger the group from which the decision-makers are selected, the more diverse and better quality the decisions. This is true for both political decision-making and for top management."@en1

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