French companies are on the right path to meet the first step of the Rixain law requiring at least 30% women representation on executive committees, according to the 30% Club France Investor Group.
The 30% Club France Investor Group’s third annual report reveals SBF120 Executive Committees are nearing an average 30% women’s representation, an increase of 2.4% compared to 2022.
Yet, this average percentage reflects very disparate situations as the SBF120 is evenly split between companies with less than and above 30% female representation.
Nearly all the companies have targets and action plans in place, but these targets lack consistency in terms of scope and granularity.
Addressing these disparities is crucial, especially to meet the challenging second target of the Rixain Law (40% by 2030). Read more in the full report here.
