Ethical standards are a framework that a company should follow in order to be viewed as a good company. Companies following this framework should be honest, trustworthy, respectful, have environmental concerns, etc. (Twin, 2023). If for example a company is faced with a problem of dumping waste they may have two solutions. One may involve dumping in an area rich with wildlife that could be disrupted and is overall cheaper for the company. The other solution may be to dump it somewhere else in a more environmentally friendly spot that will cost more