French MPs approve quotas for more women in corporate management
The National Assembly voted for “real economic and professional
equality” between men and women as part of a bill brought by President
Emmanuel Macron’s LREM majority.Under the proposed law, companies
employing more than 1,000 staff would be obliged to have at least 30
percent women among "senior managers and members of management bodies"
by 2027, and 40 percent by 2030.The companies will initially have
to publish yearly data on "the possible gaps in representation" between
women and men at senior management level. Failure to reach the goals
could lead to fines.