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Germany: final adoption of bill to introduce mandatory quota for women on company boards
Planet Labor, 25 June 2021, n°12603 -

On 25 June, two weeks after the vote in the Bundestag (Germany’s lower house of parliament), the Bundesrat, which represents the Länder, approved the bill on female representation in management roles. The bill will for the first time require firms with over 2,000 employees, which are listed on the stock exchange and subject to co-determination laws, to have at least one woman and at least one man on their management boards if the body has more than three members.

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