German carmaker BMW says it opposes a plan by Chancellor Angela Merkel’s coalition to force companies to promote more women to non-executive leadership positions.
The Christian Democratic Union and Social Democrats agreed Tuesday to move forward legislation that would require large publicly traded companies to put women in 30 percent of such supervisory roles.
Munich-based BMW says strives for diversity "in terms of gender, ethnicity and age” in the workplace but does not believe in fixed quotas.
The government’s planned 30 percent requirement could start in 2016 and impact more than 100 large corporations.
