Indicates whether the organization fully discloses all pricing and cost information for its products and services to its clients.
Cost Transparency (PI6941)
- Reporting Format Yes/No
- Metric Type Metric
- Metric Level Product/Service, Organization
- IRIS Metric Citation IRIS, 2021. Cost Transparency (PI6941). v5.2.
Footnote
Organizations should footnote details on the type of information disclosed and how it is disclosed, if applicable. See usage guidance for further information.
Usage Guidance
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Pricing and cost information, to footnote, could include: installments, terms and conditions of products, including all charges and fees, associated prices, penalties, linked products, third-party fees, and whether those can change over time.
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Financial organizations interested in more detail should reference the Smart Campaign's Client Protection Principles (www.smartcampaign.org).
Impact Categories & Themes
Cross Category
Metrics identified as "cross-category" are those that are relevant to any IRIS+ Impact Category or Impact Theme (i.e., these metrics are not specific to any particular industry/category or theme).
SDG Goals & Targets
No Poverty
- SDG Target 1.5
- SDG Target 1.4
Zero Hunger
- SDG Target 2.1
- SDG Target 2.2
- SDG Target 2.3
- SDG Target 2.4
Good Health and Well-being
- SDG Target 3.1
- SDG Target 3.2
- SDG Target 3.3
- SDG Target 3.4
- SDG Target 3.5
- SDG Target 3.7
- SDG Target 3.8
- SDG Target 3.9
Gender Equality
- SDG Target 5.6
Clean Water and Sanitation
- SDG Target 6.1
- SDG Target 6.2
- SDG Target 6.3
- SDG Target 6.4
Affordable and Clean Energy
- SDG Target 7.1
- SDG Target 7.2
- SDG Target 7.3
Decent Work and Economic Growth
- SDG Target 8.1
- SDG Target 8.2
- SDG Target 8.3
- SDG Target 8.4
- SDG Target 8.10
Industry, Innovation and Infrastructure
- SDG Target 9.1
- SDG Target 9.3
- SDG Target 9.4
Reduced Inequality
- SDG Target 10.1
- SDG Target 10.2
- SDG Target 10.3
Sustainable Cities and Communities
- SDG Target 11.1
- SDG Target 11.2
- SDG Target 11.3
- SDG Target 11.5
- SDG Target 11.6
Responsible Consumption and Production
- SDG Target 12.2
- SDG Target 12.3
- SDG Target 12.4
Metric History
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April 2021 - IRIS v5.2 Released
No change.
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December 2019 - IRIS v5.1 Released
No change.
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April 2019 - IRIS v5.0 Released
No change.
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February 2016 - IRIS v4.0 Released (current version)
New metric. Cost Transparency (PI6941) developed via IRIS Taxonomy Group.