The ongoing quarrel in the German coalition about a statutory quota of
women in German companies has come to an end. The leaders of the great
coalition agreed on a quota of 30 percent in the Supervisory Boards of the
biggest German companies without any exceptions.
On Tuesday, the party and fraction leaders of the Union and the SPD came
to the agreement, that as of 2016 nearly 30% of the position in Supervisory
Boards of 108 publicly listed companies have to be filled with women – no
exception. The draft bill is supposed to be approved on the 11th of
December.
The sanctions against companies that fall short, planned by the
federal minister of Women’s affairs Manuela Schwesig and her legal colleague
Heiko Maas (both SPD), will be included in the law. Should a company not fill
the required position with female Supervisory Board members, their chairs will
remain free. According to the black-red coalition agreement this quota is also
binding for companies in the public sector.
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