To encourage the high ethical standards and support a strong ethical climate, a company's leadership should set a code of ethics.
A Code of ethics is the principle that the company and its employees follow for unbiased and transparent functioning of the company. A Code of ethics is followed to achieve ethical standards.
A Code of ethics gives clarity to what will be considered right and professional in the situations. These principles adhere to the legal laws of the country to maintain legal professionalism in the company.
The management, employers, and employees follow these codes of ethics to achieve the target of the company pragmatically. The Code of ethics might differ from company to company regarding their approach to production. Some companies might have no animal testing policies while some may have no water pollution policies.
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