International Business Ethical Standards

International business ethical standards refer to the guidelines and practices that companies follow to ensure their operations are fair, responsible, and respectful across different countries and cultures. These standards often address issues like labor rights, environmental protection, anti-corruption, and fair trade. Companies are encouraged to act with integrity, ensuring that their actions do not harm people or the planet, while also being transparent and accountable. By adhering to these ethical standards, businesses can build trust and maintain a positive reputation in the global market, ultimately contributing to sustainable development and social responsibility.