The latecomer in gender equality is waking up
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The Danish model for more women on boards
No quotas but demands for all state institutions and companies and the 1,200 largest private companies to identify goals for how they can increase the number of boardroom members from the under-represented gender.
Each company must have a concrete goal for identifying by how much it wants to increase the number of women on the board, but is free to decide how ambitious that goal should be. There are no sanctions if the companies fail to reach their goals.
Results after one year:
Just under half of all public companies and institutions have an equal gender representation on their boards.
The number of women in private companies has risen from eight to 11 percent. Public companies aim for boards to be made up of 40 percent women. Private companies aim for 25 percent women. One in four private companies have so far not identified any goals.