The Official Report is a written record of public meetings of the Parliament and committees.
All Official Reports of meetings in the Debating Chamber of the Scottish Parliament.
All Official Reports of public meetings of committees.
Displaying 2063 contributions
Finance and Public Administration Committee
Meeting date: 27 June 2023
Michelle Thomson
As a follow-on, I suggest that one of the critical enablers for the utilisation of AI is sound collection of data. I fully accept what you say about the ethical use of such data, but how aware are you, as a council, of its being an enabler? You mentioned customer services, but that is almost looking at things the wrong way round. After all, the whole point of AI, which is driven by process, is that it blows up and breaks asunder a lot of the functions that we have already developed. How actively focused are you on collecting data as a minimum, given the massive processing power that AI can utilise off the back of that?
Finance and Public Administration Committee
Meeting date: 27 June 2023
Michelle Thomson
Are you taking active steps to develop a strategy—or even to conduct the research that will help frame such a strategy? Again, I am thinking specifically about how it might be utilised in public sector reform, which is all future focused. Where are you in developing your knowledge as a council?
Finance and Public Administration Committee
Meeting date: 27 June 2023
Michelle Thomson
Okay. Thank you.
Finance and Public Administration Committee
Meeting date: 27 June 2023
Michelle Thomson
I will bring in Iain Tough and then Malcolm Burr, and then I have a follow-up question.
Finance and Public Administration Committee
Meeting date: 27 June 2023
Michelle Thomson
Finally, I have a general question for all of you. What public sector reform guidance are you receiving from the Scottish Government to ensure that you include it? Are you grasping a sense of urgency from the Scottish Government that it is something that you need to look at? Have any conversations taken place?
Economy and Fair Work Committee
Meeting date: 21 June 2023
Michelle Thomson
I will move on. I had a look at your interim equalities report, and I can see that there is still quite a gender gap in relation to the projects that are mentioned—the pay gap is 18.2 per cent compared with an average of 12.2 per cent. There is therefore still some way to go in relation to your projects. Only 13 per cent of board members across your portfolio of projects are women, which is well below the average. Are you applying any conditionality to projects in relation to equal representation? If not, why not? How will you break down those barriers in the wider environment?
Economy and Fair Work Committee
Meeting date: 21 June 2023
Michelle Thomson
I will move on. I understand that the bank is still in a loss-making position—we know where you are in your journey. However, I found myself thinking about what will happen to profits when the bank starts to make them. My view is that it is very important that the bank is able to reinvest profits so that you can get to the scale that will effect change, but I know that the Scottish Government claws back money from the likes of Registers of Scotland and enterprise agencies. Have you considered what the position would be with the investment bank?
Economy and Fair Work Committee
Meeting date: 21 June 2023
Michelle Thomson
I look forward to hearing more about that.
My last wee point leads on from that and is about impact. One of the points that I picked up from the recent report by the bank and the Good Economy, “Unlocking the potential of impact investing in Scotland”, was the lack of identity within the impact investment community in Scotland. The report makes various points about that. How do you see your role in establishing a proper impact investment community, particularly given Scotland’s strong hinterland in that regard, which we might attribute to our history of ESG investment?
Economy and Fair Work Committee
Meeting date: 21 June 2023
Michelle Thomson
I am sorry to interrupt, but would it be possible for you to send us those statistics so that we can monitor the situation regularly?
Economy and Fair Work Committee
Meeting date: 21 June 2023
Michelle Thomson
I will come on to that. I am sorry to interrupt, but I want to square off my first question about your specific plans to get to equitability. I absolutely understand that the whole infrastructure of the financial sector has traditionally been heavily weighted in a certain way, but I imagine that you have a leadership role that means that you can effect positive change, given your guiding mission. Do you have specific plans to get to equitability, and, if so, over what timeframe do you plan to get there? I am happy for you to write to the committee if you do not have all that information available just now.