Sweden: Fine threatening if not 40% women on company boards in 2016 – SR – Dagens Industri

Sweden: Fine threatening if not 40% women on company boards in 2016 – SR

                  2015-05-15 10:58
             

 (SIX) Swedish companies liable to pay high penalty payments if they do not  has added 40 percent of women in their boards within a year.  Even now, says Justice Minister Morgan Johansson to government  is developing a proposal for a binding quota legislation. The  writes Swedish Radio Echo on Friday.       "It contains a requirement that company boards must contain  at least 40 percent women. And then you then consider what  sanctions there will be if we do not achieve it, and  where we have not taken a position yet, "says Morgan Johansson  The echo.       It was in connection with the Social Democrats' government explanation  October 2014 by Stefan Löfvens promised to present a proposal for  quota law for listed companies. In the current situation, the proportion  women on company boards may reach 30 percent, but if not percentage  increases further as the government will introduce a mandatory  quota law where the amount of the penalty can amount to  more than a quarter million  crowns, writes echo.       If there would be a vote on the proposal today would both  The Green Party and the Left stand behind the idea. However, neither  the four conservative parties and the Sweden Democrats vote  proposal. It appears from a round neckline made of echo.       "I think enough time is allowed to act. We have, as I said put out a  inspection until 2016, when we will see how it looks in  company boards. So the parties that the case of've a year  to discuss this again, "said Morgan Johansson  according echo,       Furthermore, says the Minister of Justice that all the parties that want to "call  the feminist "must be part of the" tear away this glass ceiling -  otherwise it will be just empty words. "       "Quotas are in Norway, and is decided in Germany.  The EU Commission is pursuing the issue at European level. So more and more want  demolish the glass ceiling ", also writes Morgan Johansson on Twitter.       Gabriel Cardona Cervantes  mailto: gabriel.cardonacervantes@six-group.se  www.blogg.six.seSIXNews  SIX News