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Female Board Pool
Best Practice
Promoter Information:
Abstract:
The International Female Board Pool Initiative is a strategic program dedicated to increasing the number of women on corporate boards in Luxembourg and other European countries, including Germany, Austria, Belgium, the Netherlands, and Denmark. By creating a robust network of qualified female candidates, the initiative connects experienced and emerging female leaders with companies seeking to diversify their boards of directors. Mission and Objectives: Increase Women's Representation on Boards: Substantially elevate the proportion of competent and dedicated women serving on boards of directors across private, public, and non-profit organizations. Promote Gender Diversity: Demonstrate the positive impact of gender-diverse leadership on economic results, reinforcing the business case for diversity in corporate governance. Highlight Local Talent: Showcase the available competencies and potentials of women in all sectors and corporations, both locally and internationally. Facilitate Targeted Networking: Create sustainable networking opportunities that extend beyond traditional channels, enabling women to establish valuable professional connections. Enhance Visibility of Competence: Provide a platform for qualified women to gain visibility, promoting their expertise and readiness for board positions. Bridge Connections: Foster relationships that benefit companies and organizations by linking them with talented female candidates outside conventional recruitment pathways. Affiliations and Support: The initiative is connected to the International Center for Corporate Governance (ICFCG) and collaborates with the Swiss Board School/Institute for Management and Performance (IMP) at the University of St. Gallen in Switzerland. Since 2010, it has been endorsed and financially supported by the Ministry of Equality between Women and Men (MEGA) in Luxembourg, underscoring the government's commitment to gender equality in corporate leadership. Impact and Reach: Operating across multiple European countries, the International Female Board Pool Initiative serves as a catalyst for change by: Providing companies with access to a diverse pool of qualified female board candidates. Supporting women in advancing to leadership roles through networking and visibility. Contributing to a more balanced and inclusive approach to corporate governance. By addressing the underrepresentation of women in boardrooms, the initiative not only enhances individual career opportunities but also promotes organizational excellence and economic growth through diversity. The International Female Board Pool Initiative plays a pivotal role in reshaping the landscape of corporate leadership in Europe. By championing gender diversity and creating tangible pathways for women to ascend to board positions, it fosters more inclusive, effective, and forward-thinking governance within organizations.
Keywords:
Corporate boards, Gender diversity, Database,
Dates:
Jan. 1, 2016 - None
Source Specificity:
Initiative/Practice/Project/Programme/Case Studies
Website:
https://femaleboardpool.eu/
Power Domains:
Economic
Methods Tools:
Competence development, Networking
Country:
LU
City:
Luxembourg
Implementation Scale:
national
Language:
English
Other Links:
https://femaleboardpool.eu/en/#about
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