FidAR WoB Index: More women on German supervisory and management boards than ever / Legal pressure is working - but only applies to very few companies - Seite 2

In June and July alone, six more women joined the Executive Board after the editorial deadline for the study: Limor Bermann was appointed to the Executive Board of Aroundtown as Chief Sustainability Officer, Grazia Vittadini as Chief Technology Officer at Deutsche Lufthansa, Stefanie Hirsch as Sustainability and Quality Officer at Drägerwerk, Nadia Jakobi as CFO at E.ON, Aurélie Dalbiez as Chief People Officer at Evotec and Nadine Despineux as Chief Sales Officer at Jungheinrich.

Minimum participation requirement is effective - number of companies with a target of zero women remains high

The proportion of women on management boards has increased overall, although growth rates have slowed significantly. The average proportion of women in the 180 listed companies has risen by 1 percentage point to 19.3 per cent since 2023 - since the minimum participation requirement came into force in 2022, the increase amounts to 4.6 percentage points. In the 104 companies subject to the supervisory board quota, the proportion of women on the management board is significantly higher at 21.7 per cent (+1.2 since 2023), while in the 76 companies not subject to the quota it has stagnated at 14.9 per cent (+0.2 since 2023). Furthermore, 65 (36.1 %) of the 180 companies analysed do not have a woman on their board (2023: 71). The number of companies with no women on their executive boards that have set a target of "zero" has barely fallen from 26 to 23.

Supervisory bodies set their sights on the 40 per cent mark

As with the Management Board, the proportion of women on the Supervisory Board is also increasing significantly more strongly in companies that have been subject to the fixed quota on the Supervisory Board since 2015. Since FüPoG II came into force, growth rates have also increased again. Overall, the average proportion of women on the supervisory boards of the 180 companies rose by 2 percentage points year-on-year to 37.3 per cent. The 104 companies currently subject to the supervisory board quota reached a new high of 38.5 per cent (2023: 37.3 %). The 76 companies not subject to the quota increased significantly by 4.2 percentage points to 33.5 per cent. 75 of the 180 companies surveyed have a proportion of women on the supervisory board of 40 per cent; of the 104 companies subject to the quota, this figure is just under half at 51.