Germany agrees quota for women on company boards

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Germany agrees quota for women on company boards

The cabinet’s landmark legislation will force companies

to have at least one woman on their management boards

QUOTE BOX:

''This law is a milestone for more women in leadership positions.''

''We have seen for years, not many changes are made voluntarily, and progress is very slow."

Attribution: Franziska Giffey, SPD Family Minister

The law will apply to listed companies

with more than three board members

It affects around 70 companies in Germany

Around 30 of them currently have no women on their management boards