The Quota Legislative Strategy:  A Global Overview

Quotas Affecting Public Limited Companies
Country and
Type of Quota
Companies Affected Implementation Plan Status

Norway 
40% Quota 

Public Limited,
State-Owned,
Inter-Municipal
Companies
Passed in 2003;
2 year transition period to voluntarily comply;
Full implementation in 5 years by 2008
In Effect;
Women Board Directors
6.8% in 2002;
40.3% in 2010.

Spain 
40% Quota
Recommendation rather than obligation 

Public Limited Companies with
250+ employees
Passed in March 2007;
8 years (until 2015) for full implementation;
No full implementation plan;
No punitive measures for non-compliance
In Effect;
Women Board Directors of IBEX35:
5.2% in 2006
11.2% in 2010

Iceland 
40% Quota 

Public and Private Limited Companies
with 50+ employees
Passed by Parliament in March 2010;
Full implementation by September 2013;
No penalties for non-compliance
In effect;
Women Board Directors
8% in 2009

France 
40% Quota 

Public Limited Companies Passed in October 2010;
3 years to reach 20%;
6 years to reach 40%;
No penalties for non-compliance;
Board appointments in violation of quota declared null and void
In effect;
Women Board Directors
6.4% in 2007;
16.5% of CAC40 in February 2011

Netherlands 
30% Target
Board and Senior Management 

Public and Limited Liability Companies over 250 employees Passed in June 2011;
Requires compliance or explanation in annual report;
Legislation expires in 2016
In effect;
Women Board Directors
8.1% in 2010

Malaysia 
30% Policy 

All Publicly-Listed Companies Passed in 2011;
5 years to comply
In effect;
Women Board Directors
7.6% in June 2011

Italy 
33% Quota 

Public Limited Companies Passed into Law on June 30, 2011;
3 years to reach 33%
In effect;
Women Board Directors
5% in 2010

Belgium 
33% Target 

Public Limited Companies with over 250 employees Passed into law on June 30, 2011;
Comply or Explain
Directors of companies no in compliance are fined
In effect;
Women Board Directors
7.7% in 2010
       
 

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