Economit becomes front-runner in the new ISO 42001 AI accreditation

28th March 2025

One of the first in the UK to offer the world's first certifiable AI governance standard to clients

Economit is proud to announce that Mike Donoghue, Peter Stubley, and Cassandra Mayfield are now accredited ISO 42001 Lead Auditors. They are among the very first professionals to achieve this qualification, positioning Economit as one of the first UK businesses to offer ISO 42001 standards implementation and audit as part of their ISO consultancy services. With a commitment to compliance, Economit helps businesses adopt best practices to drive success in a rapidly evolving infotech landscape.  

ISO 42001 is the world's first certifiable AI governance standard, developed to provide essential guidance for managing the unique challenges of artificial intelligence. Designed for the rapidly evolving AI landscape, this standard helps organisations balance innovation with governance while setting out a structured approach to handling AI-related risks and opportunities.  

Mike Donoghue, Economit Managing Director and Principal Consultant, commented, "It's an honour to be one of the first IT consultancy firms in the UK and potentially even the World, to be able to offer ISO 42001 standards implementation and audit to our clients. Interest in AI and its impact on the workplace is at an all-time high, with businesses eager to understand and adopt the world's first certifiable AI governance standard. To have three of Economit's consultants able to deliver this service out of only a handful of qualified professionals in the UK is a remarkable achievement." 

As AI continues to transform the workplace, governance standards like ISO 42001 are critical for responsible and sustainable AI adoption. With 55 of companies currently using AI and an additional 45 exploring its implementation*, there is a need for control and compliance, which is exactly why the world's first certifiable AI governance standard has been introduced. Being able to offer this new certification makes Economit the best-suited IT partner to support businesses in navigating AI governance, ensuring compliance and implementation of best practices.   

As the world's first AI Management Systems (AIMS) standard, ISO 42001 is an international standard that provides a framework for managing AI risks and opportunities, encourages continuous improvement, and covers the entire AI lifecycle. Achieving ISO 42001 certification offers significant benefits to both organisations and their customers by ensuring compliance and regulatory alignment, enhanced trust in AI-driven solutions, improved risk management capabilities, and continuous improvement. Additionally, it promotes transparency, fairness, and accountability in AI operations.  

For more information on ISO 42001 and what it means for your business, contact Economit at: 

Phone: 01332 447447 

Email: hello@economit.co.uk 

Website: www.economit.co.uk 

https://www.teneo.ai/blog/ai-ascendancy-unveiling-top-ai-statistics-and-trends-for-2025