Women now occupy a record 37 per cent of board positions in Finnish listed companies, according to a new report from the Finland Chamber of Commerce, with every company size category reaching its highest level to date.

The annual review found that 84 per cent of listed companies now have balanced representation of men and women on their boards. The increase follows the introduction of a revised Corporate Governance Code recommendation requiring balanced gender representation by 30 June 2026.

Large listed companies recorded the highest share of female board members at 42 per cent, up two percentage points from a year earlier. The proportion reached 38 per cent in medium-sized companies and 33 per cent in small listed firms, both setting new records. Women also accounted for 46 per cent of new board appointments during the latest appointment cycle.

According to the Finland Chamber of Commerce, the figures show companies have largely responded to the updated governance recommendation through voluntary action rather than legal quotas.

Lead expert Ville Kajala said the latest results demonstrate a commitment to self-regulation across the corporate sector.