Basware Sustainability Profile
Basware Corporation, headquartered in Finland (FI), is a leading provider of networked purchase-to-pay solutions and e-invoicing services. Founded in 1985, Basware has established itself as a key player in the financial technology industry, with a strong presence across Europe, North America, and Asia-Pacific. The company offers a comprehensive suite of products designed to streamline procurement and invoicing processes, including Basware Invoice Automation and Basware Procurement. These solutions are distinguished by their ability to enhance visibility and control over financial operations, driving efficiency and cost savings for businesses. With a commitment to innovation, Basware has achieved significant milestones, including numerous industry awards and recognitions for its contributions to digital transformation in finance. As a trusted partner for organisations seeking to optimise their financial workflows, Basware continues to solidify its position as a market leader in the purchase-to-pay landscape.
DitchCarbon Score
How does Basware's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Computer Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Basware's score of 51 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Basware's reported carbon emissions
In 2023, Basware, headquartered in Finland (FI), reported total carbon emissions of approximately 6,076,621 kg CO2e. This figure includes 108,408 kg CO2e from Scope 1 emissions, primarily from mobile combustion, and 348,753 kg CO2e from Scope 2 emissions, with purchased electricity accounting for 12,401 kg CO2e. The majority of their emissions, about 5,619,460 kg CO2e, fall under Scope 3, which includes significant contributions from business travel (1,591,610 kg CO2e) and purchased goods and services (4,015,910 kg CO2e). In comparison, Basware's 2022 emissions were reported at approximately 1,154,700 kg CO2e for Scope 3, with Scope 1 emissions at 314,000 kg CO2e and Scope 2 emissions from purchased electricity at 245,390 kg CO2e. This indicates a substantial increase in emissions in 2023, particularly in Scope 3 categories. Basware has set ambitious climate commitments, aiming to achieve net zero emissions. They are on track to use renewable energy in 50% of their offices by 2025, having reached 47% in 2023. This initiative is part of their broader strategy to reduce emissions across both Scope 1 and Scope 2. The company acknowledges that their journey towards net zero is just beginning, indicating a commitment to ongoing improvements in sustainability practices.
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| 2017 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | - | 000,000 | 000,000 |
| Scope 2 | 1,036,790 | 000,000 | 000,000 |
| Scope 3 | 1,906,910 | 0,000,000 | 0,000,000 |
How Carbon Intensive is Basware's Industry?
How Carbon Intensive is Basware's Location?
Basware's Scope 3 Categories Breakdown
Basware's Scope 3 emissions, which increased by 426% last year and increased by approximately 219% since 2017, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 66% of Scope 3 emissions.
Top Scope 3 Categories
Basware's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Basware has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
