In 2004 Sweden had the highest number of women on Executive Boards. However, Norway has now passed Sweden with a record number of 20,5 % of executive board directors, up from 12,5 % in 2004. This is probably due to all the light that has been shed on the corporate diversity/gender issue in Norway.
The study has also examined to what extent companies introduce stronger CSR and ethical guidelines as a result of more women on the board of directors. So far there seems to be no significant effect of more women on the board in this respect. In Norway the study finds that even companies that are not targeted by the quota law have recruited more women on their boards after the quota law was put into effect.
Included: Table 5 and 6 in the Nordic 500 Report.
Table 5: Women Board Directors 2004
| Country |
Women Board Directors
|
Total Number Board Directors |
Women Board Directors
% |
| Norway |
163 |
754 |
21.6 |
| Sweden |
261 |
1395 |
18.7 |
| Finland |
87 |
645 |
13.5 |
| Denmark |
107 |
914 |
11.7 |
| Iceland |
10 |
88 |
11.4 |
| Total |
628 |
3796 |
16.5 |
Table 6: Women Board Directors 2008
| Country |
Women Board Directors
|
Total Number Board Directors |
Women Board Directors
% |
| Norway |
229 |
732 |
31.3 |
| Sweden |
339 |
1550 |
21.9 |
| Finland |
114 |
678 |
16.8 |
| Denmark |
109 |
893 |
12.5 |
| Total |
792 |
3860 |
20.5 |
* The study includes all the largest companies, included and not-included in the quota law.
For More information or Executive Summary:
Irene Erhardt-Wasteberg 47 99 24 00 44 irene.wastber@online.no
Marit Hoel: 0047 90 16 76 30 marit@ccdnorway.com
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