Many organizations use the phrases ethical code and code of conduct interchangeably, but it may be useful to make a distinction. A code of ethics will start by setting out the values that underpin the code and will describe an organization's obligation to its stakeholders. The code is publicly available and addressed to anyone with an interest in that organization's activities and the way it operates. It will include details of how the organization plans to implement its values and vision, as well as guidance to staff on ethical standards and how to achieve them. However, a code of conduct is generally addressed to and intended for the organization's leaders and staff. It usually sets out restrictions on behavior, and will be far more focused on compliance or rules than on values or principles.
Many organizations use the phrases ethical code and code of conduct interchangeably but it may be useful to make a distinction A code of ethics will start by setting out the values that underpin the code and will describe an organization's obligation to its stakeholders The code is publicly available and addressed to anyone with an interest in that organization's activities and the way it operates It will include details of how the organization plans to implement its values and vision as well as guidance to staff on ethical standards and how to achieve them However a code of conduct is generally addressed to and intended for the organization's leaders and staff It usually sets out restrictions on behavior and will be far more focused on compliance or rules than on values or principles