The Lithuanian parliament passed a law on Thursday that requires greater gender equality in leadership positions until and from July 2026. Accordingly, at least 33 percent of executive and supervisory board positions in listed companies must be held by women.
Classic situation: A man “explains” the world to a woman. (Symbolbild: Eliot Phillips / CC BY-NC 2.0)The amendment to the law on equal opportunities for women and men was passed with 67 votes in favor and 9 abstentions, reported LRT.lt. No one voted against the bill.
Large companies and listed companies are obliged to achieve this goal by July 2026. If the qualifications are the same, preference will be given to the applicant of the underrepresented gender.
The Ministry of Social Security and Labor emphasized that this regulation serves to implement an EU directive that is intended to ensure a balanced gender distribution on company boards.
In Lithuania there are around 30 listed companies and around 540 other large companies, including public services, LRT knows.
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