Businesses all have the same code of ethics.

To determine the appropriate ethical guidelines for your company, you might consider studying some of the best examples of code of conduct examples for businesses.

What is a code of conduct and why is it important? A company’s code of conduct covers major legal, ethical, and compliance risk areas to help employees make the right choices, even when they’re not easy.

Because it contains such important information, you want to make sure your employees read and engage with your company’s code of conduct. That’s why it needs to contain detailed information, even with any troublesome legalese.

To help your company get a jump-start, we’ve compiled examples from companies with great, yet simple, codes of conduct.

1. Google’s Company Code of Conduct

One thing that’s great about Google’s company code of conduct is that it’s easy to read. You don’t need a law degree to understand what the company is saying. The tone is conversational, yet they make the points that need to be made with authority.

It’s also easy to find online. The links to different sections are easy to navigate and the answers provided are thorough and detailed. Finally, it addresses many of the issues that should be covered such as retaliation, conflicts of interest, bribery, and confidentiality.

Our Code of Conduct course educates your employees on how to abide by your organization’s ethical guidelines with every business interaction and transaction.

2. Hershey’s Code of Conduct

Hershey provides an excellent business code of conduct that uses a question and answer feature to help employees navigate potentially unethical situations. The Q&A on almost every page helps to clarify the points being made.

Also, the design of the PDF is very appealing. The use of candy and chocolate colors helps to brand the code of conduct, while the bold headlines, hierarchical fonts, and multiple-colored fonts make the document easy to read.

3. Pepsico’s Code of Conduct

Pepsico’s business code of conduct example is extremely detailed. For example, in the section on business gifts, they say exactly what’s considered a gift, and they even provide a specific dollar amount.

Pepsico also encourages employees to speak up when they see or experience unethical behavior. To make it easy for employees to follow these policies, the code of conduct gives clear instructions on reporting, provides resources for who to contact, and explains what will happen once a complaint is filed.

4. Starbucks’ Code of Conduct

One of the interesting things about Starbucks’ code of conduct for employees is their focus on “Speak Up”, encouraging their workforce to raise concerns and providing resources to do so. It shows that the business’ code of conduct isn’t simply limited to discouraging negative behaviors, rather promotes a speak up culture in the workplace.

Additionally, Starbucks has a frequently asked questions section. This section goes over the purpose of the code of conduct and provides additional information on helpline services offered to employees for questions.

Company Code of Conduct Training

These business code of conduct examples are great and well-written, but it’s not enough to just have one piece that may or may not be read. The extremely important content should be delivered in a way that’s impossible to forget. To help your employees understand the information, you can offer code of conduct training.

Your organization’s training should go over each section and enhance your employees’ ethical problem-solving skills so that they can navigate any conflicts or situations that might arise.

Our Code of Conduct course educates your employees on how to abide by your organization’s ethical guidelines with every business interaction and transaction.

A code of ethics or ethical code refers to a set of guidelines, standards, and principles that a company adopts and that must be adhered to by its workers. 

A code of ethics is usually in a written form. It is a document that outlines the core values and ethics of a business that professionals must live by. 

Codes of ethics are often determined by the professional body, company management or the association.

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A Little More on What is a Code of Ethics

Code of ethics are established in organizations, professions and industries to guide workers and professionals distinguish what is ethical and acceptable in the profession and what is not. 

It also outlines what professionals are expected to do in the daily discharge of their duties and when faced with certain problems. 

Ethical codes guide the operations of a business as well as the conduct of the employees. 

The core values of a company such as professionalism, honesty, integrity, unbiased approach and many others are contained in the codes of ethics. 

Also, habits that employees are expected to shun such as mediocrity, bribery, corrupt practice, discrimination and others are stated. 

Trade unions, non-government associations, civil societies, not-for-profit organizations, industry, professional bodies and businesses have codes of ethics. 

A code of ethics is an outline of how employees are expected to behave, the core values they should possess which is often in line of the business. 

As a CEO or business owner, regardless of the size of your business, your employees are expected to adhere by the codes of ethics that guide business operations. 

Employees who disobey or break the codes of ethics of an organization are bound to be dismissed from such organization.

What is a Compliance-Based Code of Ethics?

There are certain codes of ethics that businesses must adhere to as stipulated by the governing or oversight bodies. 

For instance, guidelines guiding how companies hire their employees, employee compensation, safety and health standards, among others are compliance-based code of ethics. 

Failure to comply by these ethical codes attract penalties.

In many organizations and industries, the management hire compliance officers who has the responsibility of ensuring that the company and its workers comply with the codes of ethics. 

The officer is in charge of compliance trainings for workers and also keeps tabs on changes in the codes as determined by the regulatory bodies. 

The regulatory bodies for many industries have clear penalties and consequences for violation of compliance-based codes of ethics. 

To avoid the consequences, many organizations recruit a compliance officer to ensure strict adherence to the ethics.

Value-Based Code of Ethics

Aside from compliance-based code of ethics outlined by governing bodies which organizations and industries must adhere to, there are other forms of codes of ethics. 

Every company has its core values which differ from the values of other companies in the same industry. The core values of a company are in line with its mission and vision. 

A value-based code of ethics refer to those ethics that align with the value system of the company which its employees must adhere to. 

Oftentimes, many companies have codes of ethics that are combination of both companies and values. 

It is hard to come by a company that has only value-based code of ethics without some element of compliance-based code of ethics.

Code of Ethics Among Professionals

Professionals such as accountants, lawyers, financial advisers, estate managers, broker dealers and others have codes of ethics that guide the way they conduct business with their client or function at their workplaces. 

In the United States, the American Institute of Certified Public Accountants (AICPA) expects that all Certified Public Accountants (CPAs), uphold the code of ethics which are truthfulness, integrity, objectivity and avoidance of conflicts of interest. 

The mortgage industry also has a code of ethics that mortgage administrators and estate managers must adhere to when transacting on behalf of their clients. 

Aside that they must act in the best interest of their clients, they must have honesty, integrity and avoid fraudulent practices.

Example of a Code of Ethics

Aside form code of ethics adopted by professionals listed above, there are other good examples on institutes and professional bodies that adopt and require strict compliance to code of ethics. 

The Chartered Financial Analyst Institute (CFAI) is a professional body that outlines codes of ethics that Chartered Financial Analysts (CFAs) must strictly adhere to. 

Some of the ethics are;

• Integrity, competence and diligence in all deals and transactions.
• Ethical conduct that reflect professionalism and credibility of the profession.
• Acting in the best interest of their clients and putting the integrity of their profession first before personal interests.
• Striving to maintain and improve professional competence and promote the viability of global market.