Transparency and openness are basic scientific values. They lie at the heart of practices that accelerate discovery and broaden access to scientific knowledge. In this article, we argue that these values are essential to ensure the enduring influence of research on child development. They are also critical for the Society for Research in Child Development (SRCD) to accomplish its mission to benefit diverse global stakeholders and constituents. A companion article in this issue (Gilmore, Cole, Verma, van Aken, Worthman) discusses the challenges in realizing SRCD's vision for a science of child development that is open, transparent, robust, impactful, and conducted with the highest integrity. Here, we discuss opportunities for the society to set standards that ensure the full integration of transparency and openness into developmental science.