Advancing Leadership Gender Equality
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Women's Leadership

Advancing Leadership Gender Equality

13 July 2023 / Report

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The EU passed a new law setting targets for gender balance on corporate boards by 2026. Many companies will need significant culture change and renewed focus on diversity, equity & inclusion to build a reliable pipeline of executive talent to meet these new requirements.

The EU passed a new law setting targets for gender balance on corporate boards by 2026. Many companies will need significant culture change and renewed focus on diversity, equity & inclusion to build a reliable pipeline of executive talent to meet these new requirements.

Trusted Insights for What's Ahead®

  • The new law signals a determination among governments and regulators to ramp up the pressure for gender balance on boards and more transparency of selection processes. The mandate gives companies an opportunity to revise recruitment and retention practices to build more diverse talent pipelines.
  • Building a reliable talent pipeline to meet the mandated board diversity targets will require culture change for many companies—this will take time and effort. Senior leaders will need to act as role models and shapers of company culture.
  • Many companies are likely to find some level of internal resistance when it comes to taking action on gender balance. Finding ways to preempt, understand and work with this is a necessary part of an organization’s approach.
  • DEI leaders must ensure the business has the data to demonstrate comp

Authors

Marion Devine

Marion Devine Marion Devine

Principal Researcher, Human Capital, Europe
The Conference Board

Read Bio

Sarah Bond

Sarah Bond Sarah Bond

Co-Council Director, European Inclusion Council
The Conference Board

Read Bio

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