• The external impact of the actions of the organization have to be reported and the facts contained in the report should not be disguised
• Thus all the effects of the actions of the organization, including external impacts, should be apparent to all from using the information provided by the organization’s reporting mechanisms.
• Transparency is of importance to external users of such information as these users lack the background details and knowledge available to internal users of such information.
• Transparency therefore can be seen to follow from the other two principles and equally can be seen to be a part of the process of recognition of responsibility on the part of the organization for the external effects of its actions and equally part of the process of transferring power to external stakeholders.

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