We at Basemark have an intrinsic motivation and a deep company culture to do the right and avoid the wrong. This Code of Conduct shall be a practical guideline that applies to all employees, executives, board members, contractors and partners of Basemark worldwide.
Corporate governance
1.1 Compliance with law
Basemark is following the applicable laws in all locations, always. The official laws and regulations are above any other agreements, contracts or policies in the given business environment. If – for some reason – laws don’t give a clear guidance, Basemark’s representatives shall follow their common sense, company values, and inner ethics and do as little harm as possible to human beings, company, our customers, to the surrounding society and environment.
Basemark is also carefully following any possible export control and economic sanctions that are valid for EU and US based companies
1.2 Fair play
Integrity is a core value of Basemark and we are committed to fair play wherever we operate. Basemark will conduct its business in a transparent and honest manner and will not tolerate illegal anti-competitive agreements like trusts or cartels, or abuse of a dominant position in a market.
Basemark’s employees or representatives may not offer, promise or grant benefits to any public officials in their local country or abroad, nor to any decision makers operating in the private sector in order to achieve preferential treatment or a favorable decision for Basemark. In the same way, Basemark employees shall not accept any benefits that may influence the business decisions. They have to bear this in mind when dealing with gifts or invitations to business meals and events.
When delivering our products, especially hardware, we label them correctly and ensure that nothing has been substituted or somehow copied in an illegal manner.
1.3 Social responsibility
The foundation of Basemark’s Social Sustainability Policy is the Universal Declaration of Human Rights as well as any nationally applicable legislation and collective bargaining agreements regarding labour rights, human rights, freedom from discrimination, equality and freedom of association.
1.4 Suppliers
Basemark itself is a part of many supplier chains, sometimes as a customer, sometimes as a provider. We want to treat our supplies fair and we want to be treated fair ourselves, no matter if the monetary value is big or small. Fairness means that we give our suppliers are information that they need to provide the service that Basemark is purchasing, we pay our invoices on time and try to solve possible conflicts in an early phase with open and respectful feedback and dialogue.
1.5 Financial responsibility
Basemark is fully complying with all financial regulations in all countries where we operate. We pay all taxes and other fees, follow the good accounting standards and conduct all necessary audit on time. Basemark’s auditor is PricewaterhouseCoopers Oy in Finland.
Respect in the workplace
Basemark’s employees and management shall show mutual respect, acknowledgement and appreciation in their dealings with each other. Basemark is committed to providing a safe and happy environment for employees, agents, customers and visitors alike. We do not discriminate based on age, disability, ethnic or cultural background, religion, gender, or sexual orientation. This applies to our recruitment and promotion processes as well as the way in which we provide our services.
Whistleblowing
In case someone, an employee, a customer, a business partner, a supplier or even someone without a formal relationship with Basemark has doubt on Basemark’s ethics or integrity, we provide an anonymous channel for reporting any potential wrongdoing. According the EU law for whistleblowing, protection against retaliation is provided.
Information handling
Basemark’s Information Security Policy follows the CIA triad of Confidentiality, Integrity and Availability. Basemark uses all the appropriate and reasonable technical and organizational means at its disposal to protect company data and the data of its customers, business partners, shareholders and employees against unauthorized access, unauthorized or improper use, loss and premature destruction. It does so within the respective contractual and legal framework and national laws as well as in compliance with its own internal policies and regulations. The full Information Security Policy can be found here. Basemark’s Information Security Policy and Innovation Policy include rules for correct handling of Intellectual property and encourage Basemark’s employees to protect their innovations by filing patent applications.
When starting a business relationship, a Non-Disclose Agreement (NDA) is signed.
Privacy
Basemark respects the privacy of individuals and is fully complying with the European GDPR regulation. Our Privacy Policy is published on our website.
Conflicts of interest
Basemark expects that the personal interests of its board, management, executives and employees will not conflict with the company interests. In the first place, everybody shall assess her or his possible interests her/himself and in case of conflict, inform the management and act accordingly. If someone has any doubt on somebody’s integrity – an important company value – she or he can use the Whistleblower Channel that Basemark is providing for its stakeholders.
What happens if somebody doesn’t comply?
Basemark expects that its board, management, executives, suppliers and employees behave in line with this Code of Conduct. Any breaches of these rules, legal obligations, or of internal policies and regulations may have serious consequences not only for the individuals committing them, but also for Basemark. Therefore, deliberate misconduct will not be tolerated, no matter what the rank or position is. Any issues will be solved.
