Proposed law mandates affirmative action

A new bill would require public companies to adopt an affirmative action plan to benefit women and also have at least two independent members on its board of directors.

The measure, No. 19688, involves those large companies that are subject to supervision by the Superintendencia General de Valores.

The bill also would require that the board of directors contains at least two independent members.

The sponsor, Maureen Clarke Clarke of the Partido Liberación Nacional, described the bill in a meeting Tuesday with the business chamber, the Unión Costarricense de Cámaras y Asociaciones del Sector Empresarial Privado.

The objective of the bill is to use the corporate code to promote aspects that guarantee the participation of women in the private sector and in the internal decision-making process, said Legislator Clarke in a release.

The bill cites a handful of local laws and an international agreement that promotes the cause of women.

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