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KPMG International has become the first of the Big Four accounting networks’ international entities to receive ISO 42001 certification, a new global standard covering the management of artificial intelligence systems.
The certification, formally known as ISO 42001:2023, sets requirements for how organisations design, develop and use AI, with an emphasis on governance, accountability and risk management. It was developed by the International Organization for Standardization and is the first international standard focused specifically on AI management systems.
KPMG International said the certification followed several years of work to establish controls around the use of AI across its global operations. The firm added that a number of its member firms – including those in Australia, Spain, India and the United States – have already secured the same certification for their local systems.
The standard is intended to help organisations demonstrate that AI tools are deployed in a way that is reliable, ethical and transparent, and that risks associated with automation and data use are actively managed.
Steve Chase, global head of AI and digital innovation at KPMG International, said: “You can’t guide clients on an AI journey, you aren’t on yourself, and that’s why we’re investing in the same AI governance and standards that we advise clients on.”
Samantha Gloede, global head of risk services and global trusted AI leader at KPMG International, added: “Trust and responsibility are the foundation of our AI approach. We are delighted to receive this certification, which affirms our unwavering commitment to building and scaling AI solutions that our clients and society can trust.”
ISO 42001 comes as regulators and businesses face growing scrutiny over the use of AI, particularly around data protection, bias and accountability, with standards increasingly seen as a way to demonstrate compliance and good practice.
