what is code of conduct

A code of conduct is a set of rules outlining the norms, rules, and responsibilities or proper practices of an individual party or an organization. It includes policies and rules for employees and employers to follow in the workplace. Often, a company uses its core values to create a code of conduct, which reflects the values of the organization. A great code of conduct is concise, easy to understand, and accessible to all employees, current investors, and potential investors. It is a vital asset for any company to have, as it outlines what employers expect from staff within an organization and reflects the culture already present or the culture leadership is looking to promote. A code of conduct is closely related to a code of ethics, and it is a vital part of a company’s compliance and legal policies. It is based on the fundamental understanding that everyone is responsible for conducting business ethically and in compliance with the law everywhere they operate.