Feb 23 • 06:59 UTC 🇫🇷 France Le Figaro

With 30% Female Executives, Gender Representation in Executive Committees of Large Companies Progressing Well

France is nearing a mandate requiring 30% of executive committee positions to be held by women, with current levels at nearly 29%.

In France, a recent study shows that by 2025, the gender representation in the executive committees of CAC 40 companies is nearing 30% women, driven by a legislative mandate set to take effect on March 1. This requirement by the Rixain Law targets larger companies, particularly those with over 1,000 employees, to foster gender equality in leadership roles. The current figures indicate that the representation of women in these senior roles has increased by 9.5 points since 2021, reflecting a positive trend towards achieving gender parity.

The legal framework established by the Rixain Law aims to ensure that women are adequately represented in decision-making positions within major French corporate structures. As the law comes into effect, many companies are already close to meeting the 30% threshold, highlighting a cultural shift within French business practices. This growing inclusion of women in leadership positions not only addresses gender inequality but also serves to enhance diverse perspectives in corporate governance.

Moreover, the increase in female representation is not limited to just the largest corporations listed on the CAC 40 but extends across the broader SBF 120 index, which encompasses the 120 highest market capitalization firms in France. This suggests a widespread acknowledgment of the importance of gender diversity at all levels of corporate management, reflecting broader societal changes and expectations regarding gender roles in the workplace.

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