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Norway pushes ahead with boardroom equality

1 July 2005 was the deadline for the Norwegian business world to voluntarily make sure there is at least 40 per cent of each gender in company boardrooms. Only 17 per cent of companies have managed that. For the others, the demand will no longer be voluntary. It will be the law.
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Facts about the quota law

The law on gender equality in company boardrooms was presented in 2003, and concerns 519 public and stock market listed companies.

On 1 July these companies had 3176 board members.
Less than 17 per cent of them are women. It is hard to achieve the mathematical aim of 40 per cent of each gender on smaller boards, so the legislation lists detailed demands:

  • Boards with four or five representatives must have at least
    two women.
  • Boards comprising six to eight members must have at least three women.
  • Boards with nine people must have four of each sex.
  • If a board has ten or more members,the 40 per cent
    rule applies.
Aud Mork

is not only the enterprising Mayor of Aukra (picture above). She also sits on the board of Statkraft, Norway’s state-owned hydropower company.

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