"PAYING FOR GOOD"

Series 2 Episode 10: 'Transparency in Financial Services' with Andy Agathangelou, Founder of the Transparency Task Force

December 10, 2020 Corinne Carr Season 2 Episode 10
"PAYING FOR GOOD"
Series 2 Episode 10: 'Transparency in Financial Services' with Andy Agathangelou, Founder of the Transparency Task Force
Show Notes Transcript

In this episode, you will also learn from Andy about the book the TTF published earlier this year, each of its 12 chapters related to one Finance Development Goal. I contributed to the chapter on Responsible Reward, the integration of sustainability and remuneration, and we discuss three others:

  • Leadership: we want leaders with a multi-stakeholder mindset.
  • Cultural reform: would there be a need for such a regulatory burden (including in remuneration) if the culture mandated for good, honest and ethical conduct?
  • Purposefulness: what’s your strong reason for existence?

 Your action takeaway:

When it comes to remuneration, how can you improve the transparency of your disclosures? Think about whether you’re using the ‘commercially sensitive’ clause too liberally. Nobody wants to share their strategic targets with the competition, but what about your ESG (Environmental, Social and Governance) progress and results? Be proud to share them with the world!

Andy invites everyone to contact the TTF and get involved in this worldwide cause.

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Please email [email protected] for a transcript of this episode. Thanks!