women on the board of directors
These Swiss companies cut a very bad figure
In European companies there are more women on the administrative and supervisory boards than in the USA. But three Swiss companies end up on the flop list, as the “Handelzeitung” writes. Hasn’t Switzerland done its homework?
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Most large companies have made it their mission to promote women. This makes sense as women bring a new perspective and drive to companies. The numbers are going up accordingly. At least with our neighbors.
More and more women sit on the supervisory boards of the European financial industry, as the “Handelzeitung” writes. Specifically: The proportion of women on the boards of European banks, asset managers and insurers is now 41 percent. After all, that is almost 2 percentage points more than a year ago.
Every third must be a woman
In Europe, this is the result of strict quota regulations. The three major economies of Germany, France and Italy have now all introduced some form of gender quotas on their boards. Their goal: at least every third seat must be occupied by a woman.
“I’ve always said that I don’t like ratings, but I have to say that they seem to have made a difference in the recent past,” Elizabeth Tallet told Bloomberg news agency. For example, she sits on the board of Moderna.
Switzerland lags behind
And how is it in Switzerland? Apparently we are not yet as progressive as we always make ourselves out to be in public. Because: There are several Swiss companies in the last ten places. And not SMEs, but large corporations. Among them the logistics and goods transport company Kuehne + Nagel International. The proportion of women on the board there is a mere 11 percent, as the “Handelzeitung” writes.
The real estate company PSP Swiss Property and the chocolatier Lindt & Sprüngli from Kilchberg ZH did not fare any better. The two well-known Swiss companies are also at the bottom of the list, with 14 percent women on the board of directors. That means there is still a lot to be done. (pbe)
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