Activities of Marina YANNAKOUDAKIS related to 2012/0299(COD)
Plenary speeches (3)
Gender balance among non-executive directors of companies listed on stock exchanges (debate)
Gender balance among non-executive directors of companies listed on stock exchanges (debate)
Gender balance among non-executive directors of companies listed on stock exchanges (debate)
Shadow reports (1)
REPORT on the proposal for a directive of the European Parliament and of the Council on improving the gender balance among non-executive directors of companies listed on stock exchanges and related measures PDF (870 KB) DOC (907 KB)
Amendments (13)
Amendment 42 #
Proposal for a directive
Recital 7 a (new)
Recital 7 a (new)
(7a) Companies and businesses shall look at creating a pipeline of board and management-ready women that encourages, supports and develops female talent at all levels and throughout their careers;
Amendment 51 #
Proposal for a directive
Recital 9 a (new)
Recital 9 a (new)
(9a) In Norway the "golden skirts" or the "trophy directors", which are a group of about 70 women who were given non- executive posts on multiple company boards, has unfortunately lead to the situation where women are increasingly being put on boards as a means to "window dress" and make up numbers. This has had the counter-productive effect of demeaning and patronising successful women who have made it onto boards by merit. Further, acknowledges that the proven experience of Norway demonstrates that a quota system does not lead to any sustainable change, as presently just 3% of CEOs are women;
Amendment 56 #
Proposal for a directive
Recital 11
Recital 11
(11) The proportion of women on company boards is progressing very slowsteadily, with an average annual increase of just 0.6 percentage points during the past years. The rate of improvement has differed in individual Member States and has led to highly divergent results. Much more significant progress was noted in the Member States where binding measures have been introduced. Growing discrepancies between Member States are likely to increase given the very different approaches pursued by individual Member States to increase the representation of females on boards that are being pursued by individual Member States.
Amendment 74 #
Proposal for a directive
Recital 16
Recital 16
(16) The Union should therefore aim to increase the presence of women on company boards, in order both to boost economic growth and the competitiveness of European companies and to achieve effective gender equality on the labour market. This aim should be pursued through minimum requirements on positive action involuntary measures and the sharing of best practice with the foraim of binding measures aiming at attaining a quantitative objective for the gender composition of boards of listed companies, in the view of the fact that Member States and other countries which have chosen this or a similar method have achieved the best results in reducing the under- representation of women in economic decision-making positions.attaining a better balance of gender composition of boards of listed companies
Amendment 107 #
Proposal for a directive
Recital 24
Recital 24
Amendment 129 #
Proposal for a directive
Recital 30
Recital 30
(30) Member States should provide for effective, proportionate and dissuasive sanctions for breaches of this Directive, which could include, inter alia, administrative fines and nullity or annulment declared by a judicial body of the appointment or of the election of non- executive directors madtake action where companies do not seek to improve the gender balance contrary to the national provisions adopted pursuant to Article 4(1) their company boards.
Amendment 196 #
Proposal for a directive
Article 4 – paragraph 1
Article 4 – paragraph 1
1. Member Sstates shall ensure that listed companies in whose boards members of the under- represented sex hold less than 40 per cent of the non- executive director positions make the appointments to those positionsestablish their own the basis of a comparative analysis of the qualifications of each candidate, by applying pre-established, clear, neutrally formulated and unambiguous criteria, in order to attameasures with the aim of attaining the said percentage at the latest by 1 January 2020 or at the latest by 1 January 2018 in case of listed companies which are public undertakings.
Amendment 251 #
Proposal for a directive
Article 5 – paragraph 2 a (new)
Article 5 – paragraph 2 a (new)
2a. It is important to collaborate constructively with all stakeholders, such as recruiters, working groups and Non- Governmental Organisations to harness women's skills in business through voluntary business-led change that encompasses the sharing of best practice within, across and beyond the EU;
Amendment 263 #
Proposal for a directive
Article 6 – paragraph 1
Article 6 – paragraph 1
1. Member States shall lay down rules on sanctions applicable to infringements of the national provisions adopted pursuant to this Directive and shall take all necessary measures to ensure that they are applied.take action where companies do not seek to improve the gender balance on their company boards
Amendment 268 #
Proposal for a directive
Article 6 – paragraph 2
Article 6 – paragraph 2
Amendment 278 #
Proposal for a directive
Article 6 – paragraph 2 a (new)
Article 6 – paragraph 2 a (new)
2a. Member states shall compile and publish "positive company registers" to highlight those companies who are achieving balance on their company boards; this will incentivise and motivate companies to promote a good gender balance;
Amendment 292 #
Proposal for a directive
Article 7 – paragraph 1
Article 7 – paragraph 1
Amendment 297 #
Proposal for a directive
Article 8 – paragraph 3 – subparagraph 1
Article 8 – paragraph 3 – subparagraph 1