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Women's Quota in State-Related Supervisory Boards to Increase from 40 to 50 Percent

Die Bundes-Frauenquote in staatsnahen Aufsichtsräten beträgt künftig 50 Prozent.
Die Bundes-Frauenquote in staatsnahen Aufsichtsräten beträgt künftig 50 Prozent. ©Pixabay (Sujet)
The government plans to increase the quota of women on supervisory boards of companies with at least 50 percent federal participation. In the future, 50 percent of the supervisory board members appointed by the federal government should be women. A cabinet decision on this will be made on Wednesday. The implementation of the quota is planned by 2029.

An existing women's quota for supervisory boards of state-related companies was already at 40 percent. In 2011, the government first agreed on this quota. Since then, the proportion of women appointed by the federal government to these bodies has increased from 26 percent to an average of 53 percent in 2024, according to the Ministry of Women. The implementation status is reviewed every year.

Most State-Related Companies Meet 40-Percent Women's Quota on Supervisory Boards

The survey for 2024 shows that the federal government was involved in 53 companies with 50 percent or more and appointed a total of 283 supervisory board members, of which 150 were women. Of all owners and capital providers, 333 supervisory board members were appointed, of which 163 were women. 43 companies meet or exceed the previous federal women's quota of 40 percent, while four companies do not even meet a quota of 25 percent. Increasing the proportion of women in leadership positions contributes to reducing the gender pay gap and strengthens the economic location, according to the cabinet presentation. Women's Minister Eva-Maria Holzleitner (SPÖ) emphasized that women must take their place "where decisions are made - equally, at eye level, and in sufficient numbers."

(APA/Red)

This article has been automatically translated, read the original article here.

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