Quota targets not met

Slowly but surely the proportion of women on the boards of listed companies is increasing. However the target in the government’s threat, if 40% is not accomplished by the autumn quota legislation will be brought in, is not going to be met.

Annika Elias, chair of Ledarna, Sweden’s organisation for managers, says, “It is incomprehensible that Swedish companies cannot fix this once and for all and ensure that there is equality on company boards.”

According to the Allbright Foundation’s summary, so far, as 214 of 282 nomination committees have submitted their proposals, there looks set to be an average of 30 percent of women in the boardroom.