KPMG Australia first on the planet to realize certification to AI administration system normal by BSI

KPMG Australia and BSI Australia in the present day introduced that the agency has turn out to be the primary organisation globally to realize ISO 42001 (AI) certification by BSI.

ISO 42001 (AI) is a brand new worldwide normal that specifies necessities for establishing, implementing, sustaining, and regularly bettering an Artificial Intelligence Management System (AIMS) inside organisations. One of the primary internationally recognised requirements for AI, ISO 42001 is run by the International Organization for Standardization and is the world’s first AI administration system normal, offering priceless steering for this quickly altering discipline of know-how.

Manuela Gazzard, President, Regulatory Services, BSI feedback: stated: “AI has the potential to be a significant force for good in society, transforming lives everywhere. But to realize its benefits having the guardrails in place for the safe and ethical use of AI is critical. It’s fantastic to see KPMG Australia demonstrate the work they have done to ensure the safe and responsible use of AI and become the first in the world to achieve BSI’s certification to the AI management system standard. This is an important step forward and one that has the potential to empower other global organisations to responsibly manage their technology.

Certification to this standard offers reassurance to stakeholders on the safe and responsible use of AI in an organization’s products and services, paving the way for them to harness AI to accelerate progress towards a better future and a sustainable world. BSI is proud to be at the forefront of ensuring AI’s safe and trusted integration across society.”

Following the discharge of the ISO 42001 normal on 19 December 2023, KPMG stood up a staff in February 2024 to place the agency ahead the certification course of. This concerned an in depth audit of how the agency approached AI, from governance to undertaking administration to embedding Trusted AI practices in the way in which that KPMG’s folks work. ISO requirements should not solely about assembly a minimal requirement, however about ingraining a tradition of steady enchancment.

With the usual lower than a yr outdated the certification pathway is new, which means a BSI auditor needed to journey from abroad to conduct the ultimate evaluation.  

KPMG Australia has been an early adopter of AI, launching a proprietary model of Chat GPT, KymChat to workers in March 2023, and a model for purchasers in July 2023. In June 2024 the agency launched KymTax, a mixture of a analysis instrument, data administration platform and content material generator, and one of many first Gen AI purposes globally for tax providers.

John Munnelly, Chief Digital Officer, KPMG Australia stated: “AI can solve complex challenges, and unlock new possibilities for growth. We are committed to helping our clients embrace this technology in a trustworthy and ethical manner, enhancing both efficiency and innovation. With ISO42001 emerging as the new gold standard for AI certification, we are delighted that our approach has met this extremely high bar. This certification of our robust AI management system is testament to the fact that we are living and breathing our trusted AI commitment. It is also integral to our ongoing AI strategy, which focuses not just on high-level governance but also detailed implementation to build ethical AI solutions in accordance with ISO42001 standards.”