Transparency Planet Acts
Transparency in business means operating in such a way that it is easy for others to see what actions are performed. Transparency implies openness, communication, and accountability. Accountability is the acknowledgment and assumption of responsibility for actions, products, decisions, and policies including the administration, governance, and implementation within the scope of the role or employment position and encompassing the obligation to report, explain and be answerable for resulting consequences. All acts that maintain or improve transparency are linked to this sub-category.
OP Financial Group aims to be a forerunner in the responsible use of data and artificial intelligence. With this Planet Act, we encourage companies to start simple and set goals and milestones on how to transparently manage and utilize data and AI across their business.
One of the problems preventing companies from doing more good, is simply the lack of science and sustainability expertise. This can result in decisions, investments and eventually acts that are not as impactful as they could be.
Within us normal folks, it’s difficult to understand which acts are better than the others and which acts truly make a difference. The climate change, among others, is a complex issue hard to comprehend and sometimes so are the solutions.
We decided to bring in the science. As functionally as possible.