Companies with more than 250 employees who do not comply with the law after June 2026 risk sanctions
The plenary session of the European Parliament on Tuesday gave the green light to a rule requiring large European companies to have 40% women in their management positions. This was the final step to pass the law setting June 2026 as the deadline for its application. In addition, large companies should have more transparency when contracting.
The regulation will apply to those companies with more than 250 employees, which must take measures to achieve the targets set at European level. Otherwise, they will face “effective and proportionate” fines to be imposed by Member States. The courts can also nullify the appointment of boards of directors that do not meet a quota of 40% of the least represented gender in non-executive positions or 33% of management positions from June 2026. The companies that do not meet the requirements, explain the reasons to the national authorities.
European Commission President Ursula von der Leyen has celebrated the passing of the new law, which “shattering” the glass ceiling that “prevented women from accessing positions of responsibility”.
Source: La Verdad
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
