KPMG in India Achieves ISO 42001 Certification for AI Management

SGS announced today that it has certified KPMG in India with ISO 42001 for Artificial Intelligence Management Systems at its Gurugram and Noida offices.

The certification is a significant milestone in the industry with KPMG in India being among the first to embrace the global standard of responsible and effective AI management in the world.

The International Organization of Standardization developed ISO 42001:2023 that stipulates the regulations of the construction, operation, maintenance, and ongoing enhancement of an AI management system.

As AI is rapidly adopted in all industries, the standard presents an effective road map, which guarantees ethics in AI use, operational integrity and robust governance in the AI life cycle. In the case of professional services firms, the framework is more important than ever since AI becomes central to serving clients and decision-making.

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KPMG in India receives the ISO 42001 certification demonstrating its adherence to the internationally accepted standards of safe, ethical and transparent usage of AI. The certification helps clients, regulators and stakeholders know that the AI technologies are regulated in a manner that there are clear controls, accountability and risk management, and at the same time, they encourage large-scale innovations.

When discussing the certification, the Sub-Regional Director of Business Assurance at SGS India, Nilesh Jadhav, stated that the ISO 42001 certification conferred on KPMG India indicates that both organizations are willing to promote the responsible use of AI. This achievement demonstrates how organizations are able to remain trustworthy and autonomous even though they develop confidence in AI and innovate.

Sharing his thoughts, Harnath Babu, CIO & Partner, KPMG in India, said, "Achieving ISO 42001 certification is a significant step in our journey towards responsible and transparent AI adoption… of our digital strategy and this recognition underscores our dedication to building trust and accountability in every AI solution we deliver."