2023 marked a turning point for artificial intelligence with the rapid rise of new generative Al technologies such as ChatGPT and incredible advances in image and video generation technology. It’s already beginning to change different areas of our everyday lives, but how will it impact retail? Cian Kelliher, Management Consulting Partner at KPMG Ireland explains. […]
The stakes have never been higher for the business transformation agenda. To keep up with changing markets, competition, and technology, many companies are undertaking multiple, often continuous, transformations to update internal processes and connect with customers, partners, and suppliers. Conor McCarthy of the KPMG Ireland People and Change team explains below. And, in
EirGrid (Ireland’s transmission system operator) has recently published its outlook for the upcoming winter. The winter period is the time of peak electricity consumption in Ireland and so also when the risk is highest for insufficient electricity supply to meet demand. KPMG Ireland’s Sustainable Futures team explore below how Ireland can keep the lights on […]
Going for Growth, the award-winning business development scheme for female entrepreneurs determined to grow their businesses, is now accepting applications for the 16th year of the programme. The six-month programme, which Enterprise Ireland and KPMG support, helps ambitious female entrepreneurs achieve their growth ambitions – helping to build stronger companies, create
The future of the local government sector is clear — digitally enabled, data-driven and community focused as never before, according to Cormac Deady, Head of Government, KPMG Ireland. The transformation journey unfolding at a local government level is about breaking down traditional government silos and becoming more connected — organisation and community-wide — to put
Despite a challenging macro-environment, irish retailers continue to stay resilient and find new innovative ways to be competitive, says KPMG Ireland’s Alison Carbery. Retailers have proven their resilience time and again, particularly over the last few years when they were forced to adapt to pandemic restrictions while remaining competitive in an already highly
The European Commission (EC) issued a proposal for a Council Directive for tax procedures providing for the ‘Faster and Safer Relief of Excess Withholding Taxes (FASTER)’ initiative. The aim of the proposal is to make withholding tax (WHT) procedures in the EU more efficient and secure for investors, financial intermediaries, and local tax
Inspiring Women Entrepreneurs is a programme aimed at increasing the number of female-led innovative businesses of scale focused on export markets that become clients of Enterprise Ireland. The programme is targeting a woman who is considering a change in career or interested in exploring the possibility of an innovative entrepreneurial career. Ireland has the
Ireland is currently operating a linear economy model following a ‘take–make–waste’ pathway for resources, manufacturing and products. This traditional, non-sustainable economic model is not only wasteful and harmful to the natural environment, but it is also a barrier to progress against national climate targets, particularly for the waste sector. At present, many
KPMG in Ireland and CoolPlanet have joined forces to help deliver end-to-end decarbonisation solutions to businesses as part of wide-ranging decarbonisation offerings. This alliance brings together a broad set of experienced professionals in carbon, energy, and consulting, as well as leading software tools to help organisations with end-to-end decarbonisation
Jean Rea, Partner at KPMG Ireland, looks at the growing role of Artificial Intelligence (AI) in the Insurance industry, and what the ethical considerations insurers need to examine when exploring its use. The insurance industry has a deep heritage in data analytics where data has always been collected and processed to inform underwriting decisions, price […]
The game is over for greenwashing. Paying lip service to sustainability no longer suffices. Brands can no longer make vague, unsupported claims to be green, however well-intended they might be. Consumer scepticism and forthcoming regulatory changes mean retailers and manufacturers will have to validate their green credentials and now is the time to prepare says […]
As we enter a new financial year, the KPMG Sustainable Futures team has considered and articulated the top 10 themes which they expect will most impact the corporate ESG landscape across Ireland in 2023. While the overall theme for 2022 saw corporates moving from talk to action, they expect 2023 will be the year of […]
The 11th edition of KPMG Ireland’s ‘Emerging Trends in Infrastructure’ is here and is as much about inspiring an essential change in mindset as it is about predicting future trends. KPMG look ahead to potential approaches and technological solutions, raise new ideas and explore the opportunities that are being created. Future generations
As the year end approaches now is an ideal time for PAYE workers to look ahead to 2023 and review their tax affairs to ensure they are maximising their entitlements to tax credits and other reliefs. Claire Davey, Director, People Services, KPMG Tax, provides some key insights. What Revenue Facilities are Available for PAYE Workers? […]
HR is in a state of flux. Global volatility and uncertainty has driven a focus on how to steer through the next few years but increase the business value from HR. It is a journey from flux to flow. The labour market is experiencing acute shortages of key skills, as employees go through the ‘Great […]
KPMG Ireland has signed a five year partnership agreement with Dublin City University (DCU) Business School. This partnership will make a significant contribution to the Business School’s mission to educate leaders and professionals for the global marketplace and to contribute to the development of individuals, industry and society through its teaching, research and
CEOs everywhere see the importance of environmental, social and governance (ESG) initiatives on their businesses, especially when questioned about ESG’s impact on improving financial performance, driving growth and meeting stakeholder expectations, according to KPMG Ireland. On a global basis CEOs increasingly agree that ESG programmes improve financial performance,
How CEOs support and attract talent is changing because of the challenging global economy and CEOs’ growth goals, with fostering workforce resilience becoming a key priority, according to KPMG Ireland. Worldwide, the employee value proposition to attract and retain the necessary talent is tied as the top operational priority to achieving 3-year growth objectives (25 […]
Irish homes use 7% more energy and emit almost 60% more carbon than the average EU home due to reliance on fossil fuels and often low energy efficiency performance. With the move towards home working resulting in more energy use within households, it is crucial that we takes steps in decarbonising our built environment. This […]