A code of ethics is a set of guidelines and principles that outlines the expected behavior and conduct for individuals or professionals within an organization or industry. It serves as a framework for ethical decision-making and provides a standard of conduct to ensure integrity, professionalism, and responsible behavior.

Example
XYZ Corporation, a global company, has established a comprehensive code of ethics to guide its employees in their conduct and ensure ethical behavior across all levels of the organization. The code of ethics covers a wide range of areas, including integrity, respect for diversity, confidentiality, compliance with laws and regulations, and responsible use of resources.