At a time of rapid expansion and growth globally, it is of critical importance that businesses set the precedent for the industrial world by being ethical in their practices. As we have grown in technology, we have impacted nature adversely, leading to global issues such as climate change.
In a broad sense, a completely ethical company will be one that does not cause any damage or harm to the environment and society. It also means that the organisation will not exploit its workforce through the payment of less than adequate wages or using child labour. They will not produce products that are dangerous or harmful in any way. An ethical company is driven not merely by profit gain in their businesses, but also remains committed to doing good to both society and the environment.
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