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Leadership Equality: New instrument for equality

13. nóv. 2017

22810121_10155923280847472_1812701836_o--1-Leadership Equality: New instrument for equality

 FKA and the Ministry of Welfare have agreed to a one-year co-operation agreement with a focus on Leadership Equality.

 FKA will lead the project in cooperation with the government and representatives from the business sector. The main objectives of the project are to:

  • Coordinate and compile numerical information about the role of women and men in boards and executive management
  • Host events and education on the importance of diversity in boards and management teams
  • Provide annual recognition for companies that have achieved the objectives of Leadership Equality.

The cooperation agreement is signed for one year and includes five million ISK support for the project with the possibility of extension. Preparations for the conclusion of the agreement began early this summer as part of FKA's five-year action plan with the involvement of other parties. Membership at FKA is comprised of more than 1,000 female leaders across all industry sectors.

At the signing of the agreement, Þorsteinn Víglundsson said that with the Leadership Equality project it will be possible to better understand the position of gender in leadership positions of the economy and to be encouraged to improve since the current system is not functioning as well as it should.

Rachel Sveinsdóttir, Chairman of FKA, says that for the business community and the government it is important to make full use of men and women's human resources, and this will contribute to the development of the equality in management: "In terms of women's employment we are global leaders, but have not seen an increase of women in executive management roles these past years. Therefore, we consider it important to also look into what gender stereotypes have yielded and what lessons the industry has derived from them. With the agreement on cooperation, the project has now been formally launched, but the next step is to establish the Jafnvægisvog Development Council, where FKA will call upon several other stakeholders from the business community.”

 Original article can be found here:

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