We cannot afford more years of ignoring the competencies and experience of women.
In just one year, large listed and state-owned companies will be required to ensure 33% representation of the underestimated minority on management and supervisory boards.
In a letter addressed to the Ministry of Justice, the Warsaw Stock Exchange calls for the draft law to be relaxed. It considers this provision unrealistic, among other things, due to a lack of time and cultural conditions.
📍 Women are an underestimated group.
📍 The case concerns 162 companies listed on the stock exchange.
📍 10.2% of women currently sit on the boards of listed companies in Poland.
📍 It is 2024.
We also have research results indicating several times greater efficiency and effectiveness of diverse teams. We have women who are educated, prepared, and interested in meeting professional challenges. We have years of arduous equalization of opportunities in the labor market behind us. So what do we lack? Courage?
How is it in the world?
Sanctions on the amount of money for business, which in Poland would constitute 10% of the company’s total revenue, have fulfilled their task in France, Iceland, Norway, and many other countries, which currently have over 40% of women on company boards. The WSE, KNF, and the Ministry of Infrastructure consider the sanctions proposed by the Government to be too high.
We can negotiate sanctions, but time is no longer subject to negotiation.
