Eumedion supports proposed European gender pay gap directive

News · 23-04-2021

Eumedion supports the proposal that requires companies with at least 250 workers to publish information on the gender pay gap. This follows from Eumedion’s response to the European Commission's proposal for a directive on the principle of equal pay for equal work.


In the proposed directive provisions are introduced with the aim of combating inequality in pay between women and men. In its response, Eumedion indicates that inexplicable pay differences between women and men are unacceptable and that it sees fair and equal pay as an essential part of good employer practices. Eumedion also indicates that the primary responsibility for complying with the legal provisions on equal pay rests with the company board(s) but that shareholders also have a role to play. Eumedion points out that a necessary condition for fulfilling this role is that shareholders have sufficient information. Eumedion therefore welcomes the proposal that requires companies with at least 250 workers to publish information on the gender pay gap. Eumedion indicates that shareholders can include that information in their dialogues with companies and raise this topic at shareholders meetings. In addition Eumedion indicates in its response that the aforementioned proposal would help institutional investors to comply with their own reporting obligations under the regulation on sustainability-related disclosures in the financial services sector (SFDR). Eumedion points out that currently the data needed to report on this is not available. Furthermore Eumedion advocates that the information on the gender pay gap is included in the management report.

Relevant documents

Eumedion statement regarding the proposed gender pay directive

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European Commission's proposal for a gender pay directive

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