A new study on the average representation of women on boards in Europe ranks Norway first in the Eurozone, with women comprising, on average, 38.7 percent of total board membership. Switzerland ranks dead last, with average representation of women at only 15.1 percent.
The study, “Gender Diversity on European Boards,” was published by the European Women on Boards in partnerships with Institutional Shareholder Services, and focuses on female representation in the 12 largest markets in the Eurozone; this includes 10 other companies in addition to Norway and Switzerland—in order of high to low female representation, Sweden, France, Finland, Belgium, Denmark, Italy, Netherlands, United Kingdom, Germany, and Spain. Compared to 2011, the two countries that have shown most improvement are Italy and Belgium, which were ranked last and tenth in 2011, respectively.

