In March 2013, the Supervisory Board adjusted the Company’s objectives for the diversity of the Supervisory Board members elected by the General Meeting in relation to gender and international experience in order to comply with new Danish legislation on objectives to increase the proportion of the underrepresented gender on the Supervisory Board.
The new legislation also requires the Supervisory Board to decide on a policy to increase the proportion of the underrepresented gender in senior management positions. The Supervisory Board believes that members should be chosen for their overall competences. The Supervisory Board also recognises the benefits of a diverse Board in respect of experience, style, culture, international experience and gender.
On that basis, the Supervisory Board has laid down the following objectives in relation to gender and international experience:
The objective with regard to the proportion of the underrepresented gender on the Supervisory Board (40%) applies to the boards of all Danish Carlsberg Group companies that are required to lay down such objectives. This is currently Carlsberg A/S, Carlsberg Breweries A/S, Carlsberg IT A/S and Carlsberg Danmark A/S. Currently, three Supervisory Board members in Carlsberg A/S elected by the General Meeting are women, i.e. 30%. Accordingly, the objective with regard to gender diversity on the Supervisory Board is not yet met with regard to Carlsberg A/S. In Carlsberg Breweries A/S, all four Supervisory Board members elected by the General Meeting are men. The Board consists of the members of the chairmanship and of the Executive Board in Carlsberg A/S and it was not considered appropriate to change this approach in 2013. In Carlsberg IT A/S and Carlsberg Danmark A/S respectively, one of the three Supervisory Board members is a woman, which means that the objective with regard to gender diversity can be considered fulfilled in these two companies.
Currently, women are underrepresented compared to men in senior management positions in the Carlsberg Group as 23% of the employees in the defined senior management layers are women. Senior management is defined as the Executive Committee, coun-try CEOs, company management team members, vice presidents, directors or similarly high-ranking managers who are heading a function (white collar), managers with managerial responsibility, and employees who are heading a subfunction (white collar). The total number of employees in this group at the end of 2013 was 5,145. On the basis of a recommendation from the Nomination Committee, the Supervisory Board has set out a policy to increase the proportion of women in senior management positions. The relevant action items are as follows:
Carlsberg wants to be an attractive workplace for both female and male managers where men and women consider that they have equal and fair opportunities for promotion to higher managerial positions and that their competences can be used in the best possible way irrespective of gender.
The objective regarding the international experience of Supervisory Board members Is met as at least six of the 10 members of the Supervisory Board elected by the General Meeting can be considered to have sub-stantial international experience from managing large corporations or institutions and all members elected by the General Meeting are able to operate in an international environment.