Governance & Ethics
Basware is committed to ethical and compliant operations to reduce company risks and maintain our reputation.
What is Governance at Basware?
Our approach to Governance and Ethics is centered on ensuring our business operations have a positive social impact, including championing labor rights for our employees, reducing our environmental impact, combatting corruption, and protecting our customers’ information and data privacy.
Our Guiding Policies
We have established a comprehensive set of policies to inform decisions and guide our actions towards more sustainable and ethical business operations. Basware is continuously developing these policies and adds additional policies if needed based on statutory, business, and community requirements.
Basware’s key policies:
View all Basware’s external Statements & Policies here ->
Compliance training
To ensure our employees have a thorough understanding of legal regulations, company policies, and ethical standards, we conduct an annual mandatory compliance training program. This program not only mitigates risks associated with non-compliance, but also fosters a culture of integrity, accountability, and ethical decision-making within Basware.
Protecting information and increasing security
As a cloud-based service provider, we take any threats to our own and our customers’ information very seriously. We address information security risks proactively through policies, processes, and solutions that adhere to industry best practices for security measures, controls, and standards.
We maintain ISO27001 certified Information Security Management System and are externally audited annually as part of our commitment to continuous security control improvement.
See more about Trust & Security here ->
Ensuring data privacy
We ensure data privacy compliance throughout our operations, ensuring we handle personal data about our employees, customers and partners with due care and in accordance with the EU General Data Protection Regulation (GDPR) and other applicable data protection laws.
Reporting concerns and misconduct
We encourage our employees and our suppliers to immediately report any suspected misconduct involving Basware operations. They can do this in person to their manager or HR, or confidentially via our whistleblowing channel. All employees who file a whistleblower report are protected from retaliation, including dismissal.
Our quality objectives
Our internal audit program assesses our processes at a minimum every three years, but it can often happen more frequently. We have a dedicated team of trained internal auditors who are responsible for reviewing documentation with relevant stakeholders to ensure processes and policies are kept up to date and continuously implemented.
Quality Management
Our Quality Management System (QMS) serves as our manual for fulfilling our promise of providing a high-quality customer experience. Our QMS explains our goals and processes for implementing our customer-centric approach and consistently meeting our customers’ needs through continuous improvement. It also ensures that our business operations are reliable, compliant, and therefore sustainable.
Basware was awarded ISO 9001 certification in 2021, and successfully retained re-certification in 2024, demonstrating Basware’s commitment to the highest level of quality.
Want to read more?
Read more about how Basware manages Governance & Ethics in our Sustainability Report.