Mar 19 • 05:02 UTC 🇫🇮 Finland Yle Uutiset

Finland falls out of the EU's top ten in the number of female members on stock company boards

Finland ranks 11th among EU and EEA countries for the number of women on the boards of major stock companies, according to a survey by the Central Chamber of Commerce.

A recent report by the Central Chamber of Commerce reveals that Finland has fallen to 11th place among EU and EEA countries regarding female representation on the boards of major stock companies. Despite a slight increase in the proportion of female board members, which rose by two percentage points to 35% last year, Finland's overall position in terms of gender diversity in corporate governance has seen a gradual decline.

The report indicates that while the percentage of women on boards has reached a new record, Finland has seen a steady decrease in its international ranking, having dropped out of the top ten a couple of years ago. This decline is significant as it highlights the ongoing challenges regarding gender equality and representation in corporate leadership roles within Finland.

As discussions around gender diversity continue to evolve, the Central Chamber of Commerce's findings may push for greater efforts to not only maintain the current level of representation but to improve it further. The implications of falling rankings could spark dialogue among policymakers and business leaders about the importance of gender diversity in promoting better governance and performance in the corporate sector.

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