SUSTAINABILITY
Finding a lack of official regulation on AI , many companies are turning to KPMG ’ s Trusted AI Framework to build capabilities .
“ I think there ’ s something very positive about the way the EU has described the AI act as a framework because that is probably going to be the construct of regulation that is echoed around the world , which is contextual risk-based with escalating amounts of transparency and reporting that will be required throughout that ,” David continues .
“ So that combination seems to be a good framework on this that organisations can then get ahead of in their corporate governance .
“ In my view there is broad base support for greater regulation across AI and the internet to help organisations adopt more technology to move with greater confidence .”
Building corporate governance , based on the Trusted AI Framework , is a large part of how KPMG is supporting its clients .
“ AI is something you need to govern , but it ’ s also a tool that you can use to govern better and analyse the problem better . We ’ re bringing AI into our ESG practice to help them implement that good corporate governance .”
118 October 2024