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Design of Ethics Policy

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NATIONAL UNIVERSITY
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Student: Aman Bhardwaj
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Bus-7110
The Business Environment
Activity 1: Design of Ethics Policy
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Module 1: Evaluate Organizational Behavior
Week: 1
Lesson 1: Design an Ethics Policy
Aman Bhardwaj
National University
March 17th, 2024
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Code of Ethics
It is our company's
responsibility, along with that
of our team including our
leaders, to adhere to ethical
standards as demanded by
society, our customers,
partners, and government. In
order to achieve this, we must
have an effective internal
governance program. Our
ethics governance program,
including code of ethics,
ensures that all employees
and stakeholders conduct
themselves in a way that is
consistent with our values.
From the company's
perspective, our code of ethics
specifies what actions are
desirable or undesirable.
Employees must trade off
economic and moral
considerations in all their
activities to achieve financial
and societal goals. (Weaver,
1995). The principles in our
code of ethics also apply to
the development of more
advanced computer and
artificial intelligence
technologies. This includes
considerations such as data
privacy, algorithmic
transparency, bias mitigation,
and responsible innovation. It
provides guidance on
involving actors in the design
and operation of AI systems
in order to account for ethical
principles and values
throughout the technical
design process (Jacobs &
Simon, 2023).
In every aspect of our
business, our Code of Ethics
serves as a guide for all
employees, officers, directors,
and stakeholders. Having
strong ethical standards and
adhering to our ethical codes
has many benefits, including
attracting and retaining team
members, managing our
public image, avoiding legal
problems, and complying
with governmental
regulations (Kotzian, Stober,
Weibenberger, & Hoss,
2021). It is common for
organizations to consist of
people with differing beliefs,
some with a fixed mindset
and some with a growth
mindset. The leadership of
our company is committed to
our Code of Ethics and
strongly believes that every
team member can grow and
adapt to adhere to our code of
ethics under all business
situations, internal and
external. (Feng, Highberger,
Li, & Savani, 2023). In order
to achieve autonomous
professional judgment, our
codes of ethics emphasize
openness of meaning, a
freedom to express
dissidence, and avoidance of
judgmental language
(Schwimmer & Maxwell,
2017).
Employees, officers,
directors, and stakeholders are
guided by our Code of Ethics
in everything they do at work.
Integrity and Honesty: We
conduct ourselves with the
utmost integrity and honesty
at all times. We do not engage
in dishonest, fraudulent, or
deceptive behavior.
Compliance with Laws and
Regulations: Wherever we
operate, we comply with all
laws, regulations, and
industry standards. We do not
engage in any illegal or
unethical activities.
Conflict of Interest: When
possible, we avoid conflict of
interest between personal and
company interests. Conflicts
of interest are disclosed and
addressed appropriately.
Respect for Individuals: All
individuals are respected for
their rights, dignity, and
BhardwajABUS7110-1
diversity. No discrimination,
harassment, or unfair
treatment is tolerated
regardless of race, ethnicity,
gender, sexual orientation,
religion, age, or disability.
Confidentiality, Privacy,
Security: Our commitment to
confidentiality and privacy
extends to our clients,
customers, employees, and
other stakeholders. Keeping
user data safe and secure is
our priority. Data is collected,
used, and stored responsibly,
following applicable laws.
Our security measures prevent
unauthorized access,
breaches, and misuse.
Environmental
Responsibility: Every aspect
of our operations is
committed to minimizing our
environmental impact. Our
goal is to minimize pollution,
conserve resources, and
comply with environmental
regulations.
Social Responsibility: In the
communities where we
operate, we actively
contribute to their well-being.
Volunteerism, charitable
initiatives, and other activities
that promote social
responsibility are supported.
Fair Competition: We
compete fairly and ethically.
Price-fixing, collusion, and
unfair trade practices are not
part of our business practices.
Responsible Innovation: Our
technology solutions are
developed responsibly, taking
into account potential ethical,
social, and environmental
implications. The products we
develop benefit society while
minimizing potential harms.
Algorithmic Transparency:
In our products and services,
we are transparent about the
algorithms and AI systems.
The algorithms we develop
are explained, understandable,
and accountable, allowing
users to identify biases and
understand how decisions are
made.
Technology Bias Mitigation:
Technology and AI systems
are committed to reducing
bias. Our team actively
addresses biases related to
race, gender, ethnicity,
religion, age, and disability.
Our algorithms are regularly
evaluated and refined to
minimize bias.
AI Ethical Use: We advocate
for ethical AI use. We don't
develop or deploy
technologies that threaten
human rights, violate
democracy, or cause harm. To
promote AI ethics and best
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practices, we engage
stakeholders.
Any violation of this Code of
Ethics or unethical behavior
observed by employees
should be reported. The
company provides
anonymous and retaliationfree mechanisms for
employees to express
concerns. If you violate this
Code of Ethics, you may be
subject to appropriate
disciplinary action, including
termination of your
employment or business
relationship. Each employee,
officer, director, and
stakeholder is accountable for
upholding these values.
Our Code of Ethics
demonstrates our commitment
to maintaining the highest
standards of integrity,
honesty, and ethical conduct.
We strive to create a culture
of ethical behavior, where all
employees are held to the
highest standards. We provide
clear guidance and support to
ensure that everyone is aware
of their responsibilities and is
committed to following the
code of ethics. By working
together, we create trust,
foster respect, and positively
impact our stakeholders and
society as a whole.
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References
Weaver, G (1995). Does Ethics Code Design Matters? Effects of Ethics Code Rationales and
Sanctions on Recipients’ Justice Perceptions and Content Recall. Journal of Business
Ethics, 14, 367-385.
Feng, Z., Highberger, F., Li, H., & Savani, K. (2023). Implicit Morality Theories: Employees’
Beliefs About the Malleability of Moral Character Shape Their Workplace Behaviors.
Journal of Business Ethics, 184, 193-216.
Kotzian, P., Stober, T., Weibenberger, B,. & Hoss, F. (2021). Effective, but not all the time:
Experimental evidence on the effectiveness of a code of ethics” design. Business and
Society Review, 126, 107-134.
Jacobs, M., & Simon, J. (2023). Reexamining Computer Ethics in Light of AI Systems and AI
Regulation. AI and Ethics, 3, 1203-1213.
Schwimmer, M., & Maxwell, B. (2017). Codes of Ethics and Teachers’ Professional Autonomy..
Ethics and Education, 12(2), 141-152.
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