8 Mar, 2023 @ 12:45
1 min read

Spain passes new gender parity law on eve of International Women’s Day

Feminism Takes To The Streets Of Spain With Massive Marches To Advance Towards Equality
Madrid Spain; 03.08.2022.- Feminism takes to the streets of Spain with massive marches to advance towards equality. It has been two years since the feminist movement took to the streets. The pandemic prevented massive demonstrations, although not the claim of rights, which has not stopped in these years. This March 8, International Women's Day. In almost all of Spain, two different demonstrations have been organized: the majority, which supports gender self-determination and the trans law of the socialist government in coalition with Podemos (Left), and that of the so-called classic feminists, the most minority current, which is against this law and who supports the abolition of prostitution. Photo: Juan Carlos Rojas

A new law will make it mandatory for corporate boards to be composed of at least 40% women.

Spain’s Parliament passed the ‘gender parity law’ on Tuesday, which will see a similar quota set for the cabinet.

It was voted through last night on the eve of International Women’s Day today and will be ratified by congress next month.

All publicly-traded companies, or those with over 250 employees, must comply by July next year.

Although many firms on the Ibex-35 already meet the quota, several fall short. 

The law is in line with a recent EU directive, which demands 40% by 2026. 

That directive doesn’t require parity in top management or in political positions.


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