KPMG Decarbonization

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KPMG

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California Sets the Pace for Climate Regulations
How should companies prepare for the Golden State's landmark new climate laws?
KPMG and Bloomberg Media Studios

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California Sets the Pace for Climate Regulations

37% of finance leaders are still in the planning stages of their generative AI journeys.

12%  of US executives think their workforce is adept when it comes to adopting generative AI.

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In just a few short years, AI has gone from being the purview of a select group of tech leaders to becoming nearly ubiquitous across finance teams. According to KPMG’s 2023 AI in Financial Reporting survey, 65% of organizations are already using AI in some aspects of their financial reporting, and 71% expect AI to become a core part of their reporting function within the next three years.

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Unlocking AI Opportunities Starts With Instilling Trust in the Tech

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Pressure on governments and organizations to set a net zero target is reaching a boiling point. Yet the task of reducing emissions across the business and reporting on progress made—whether shifting to solar and wind energies, adopting electric fleets, or swapping for greener vendors—can be a momentous, and costly, undertaking.      