"Iceland has had a special statute intended to ensure equality between women and men and their equal status in all respects since 1976. The current Gender Equality Act dates from 2008. The aim of the act is to establish and maintain equal status and equal opportunities for women and men, and thus promote gender equality in all spheres of society. All individuals shall have equal opportunities to benefit from their own enterprise and to develop their skills irrespective of gender” (Center for Gender Equality Iceland, 2012, p. 35).
"The Government continues to develop policies and promote initiatives that focus on decreasing the gender pay gap and its causes. This includes increased research on the gender pay gap and its causes; development of Equal-pay standard, lead by the Ministry of Welfare in cooperation with various work market stakeholders and the national standards body; and a new legislation passed by parliament requiring that companies with 50 or more employees have at least 40% women directors by 2013" (Center for Gender Equality Iceland, 2012, p. 16).
BBC. Iceland 'best country for gender equality'. 12 October 2010. Retrieved from http://www.bbc.com/news/business-11517459
Center for Gender Equality Iceland. Gender Equality Iceland. February 2012. Retrieved from https://www.althingi.is/pdf/wip/Gender_Equality_in_Iceland_2012.pdf
Culture of Iceland. (n.d.). Retrieved from http://www.everyculture.com/Ge-It/Iceland.html
World Economic Forum. Global Gender Gap Index. 2014. Retrieved from http://reports.weforum.org/global-gender-gap-report-2014/rankings/