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Mandatory women’s quota on boards of directors in Norway

In Norway, the government has introduced a bill requiring at least 40 percent of the board members of large and medium-sized companies to be women.

Norwegian Minister of Trade and Industry, Jan Christian Vestre, announced the content of the bill at a press conference.

“Norway was the first country in the world to take a step in this direction,” said Vestre. used the phrase.

If the bill is approved, the country’s 20,000 large and medium-sized companies would have to make up at least 40 percent of their board members by 2028.

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