[ParlTrack]

Proposal for a directive
Recital 15

(15) Diversity of competences and views of the members of administrative, management and supervisory bodies of companies facilitates a good understanding of the business organisation and affairs. It enables members of these bodies to exercise a constructive challenge of the management decisions and to be more open to innovative ideas, addressing the similarity of views of members, the “group-think” phenomenon. It contributes thus to effective oversight of the management and a successful governance of the company. It would therefore be important to enhance transparency regarding the diversity policy companies have in place. This would inform the market of corporate governance practices and thus put indirect pressure on companies to have more diversified boardHowever, such matters should be left to the discretion of companies’ administrative, management and supervisory bodies.

2013/10/24
Committee: AFET

Daniël van der STOEP

Proposal for a directive
Recital 16

(16) The obligation to disclose their diversity policies for their administrative, management and supervisory bodies with regard to aspects such as age, gender, geographical diversity, educational and professional background should only apply to large listed companies. Therefore small and medium-sized companies that may be exempted from certain accounting obligations under article 27 of Directive 78/660/EEC should not be covered to by this obligation. Disclosure of the diversity policy should be part of the corporate governance statement, as laid down by Article 46a of Directive 78/660/EEC. Companies not having a such a diversity policy should not be obliged to put one in place, but they should clearly explain why this is the case.deleted

2013/10/24
Committee: AFET

Daniël van der STOEP

Proposal for a directive
Article 1 – point 2

Directive 78/660/EEC
Article 46a

(2) Article 46a is amended as follows: (a) In paragraph 1, the following point (g) is added: ‘g) a description of the company’s diversity policy for its administrative, management and supervisory bodies with regard to aspects such as age, gender, geographical diversity, educational and professional background, the objectives of this diversity policy, how it has been implemented and the results in the reporting period. If the company has no such policy, the statement shall contain a clear and reasoned explanation as to why this is the case.’ (b) The following paragraph 4 is added: ‘4. Point (g) of paragraph 1 does not apply to companies within the meaning of Article 27.’deleted

2013/10/24
Committee: AFET

3 Amendments of Daniël van der STOEP related to 2013/0110(COD)

ParlTrack - 2011-2024