Proposal not going to pass

It did not take long for reactions to come to the government’s proposal on Friday for a quota system for company boards and the proposal is likely to be outvoted in parliament.

  The message from the Moderates was clear: quotas are not the right medicine for increasing equality. “We believe that business can do better, but we do not believe that legislation is the right way to go,” says the party’s group leader Jessica Polfjärd.

  Centre Party leader Annie Lööf accused the government of making it harder for women to start companies in the welfare sector and believes they ought to be dealing with the equality issues that women meet everyday in their regular jobs and incomes. The Christian Democrats and the Liberals are also against the idea.

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.