Code of ethics

Ethics are the moral principles guiding our behaviour and judgments, helping us to determine what’s right and wrong.

Ethics and the law, although related, are not the same thing. The law sets out the minimum compulsory standard of behaviour, while ethics goes beyond this and implies a higher standard of conduct.

Business ethics concern the application of ethical values to business activities and functions. This applies both to the conduct of individuals and that of organisations as an entity.

Any organisation can aim or choose to carry out its business in an ethical manner. This involves making choices that are ethically the right thing to do, rather than focusing on short-term profit generation.

Implementing a code of ethics

A Code of ethics can be used to give

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