The IBE

Business
Ethics
Framework
The IBE developed a Business Ethics
Framework to re ect a mature ethics
programme

Culture is a combination of factors that

de ne the way people within an
organisation behave.
Building an ethical culture starts with a clear set of values and an understanding of the purpose of
the organisation. That leads on to the development of a framework in which the values are built into
the way the organisation and its staff operate on a day-to-day basis.
 
The IBE Business Ethics Framework
 Ethical values
Together with the business values,
in the purpose, business model,
strategy, governance, ethics policy
and decision-making process in
the organisation.

The IBE Business Ethics

Framework

Code of Ethics Communication &

Values are embedded into Engagement
organisational culture through a
Code of Ethics which is supported
by...
 Training & Reinforcement Leadership, Supportive
Environment & Speak Up

Risk Assessment, Monitoring Open culture

& Accountability Creating an open responsible
culture which in uences
behaviour and conduct,
Enhancing Trust and Reputation
Improving Financial and
Operational Performance

An ethics programme to embed these values includes a code of ethics, training and
communication activities.
Mechanisms to support high ethical standards are also needed - such as for raising concerns and
reporting misconduct and including ethical criteria in recruitment and in performance appraisals,
and detailed policies outlining how the organisation deals with issues like discrimination,
procurement, bribery and corruption, gifts and hospitality and con icts of interest.
Finally, an assurance process must be in place to monitor the effectiveness of the programme and
the extent to which the organisation lives up to its values.
For an ethics policy and programme to be effective, every aspect of corporate culture needs to be
harnessed to guide and support the organisation and its employees to live up to the ethical values it
espouses.
 

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Publication shop
The IBE has been publishing research and
surveys on business ethics topics for over 30
years.

Institute of Business Ethics, 24 Greencoat Place, London, SW1P 1BE

Telephone: +44 (0)20 7798 6040
Email: info@ibe.org.uk

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