Introduction In today's knowledge-intensive world, it is essential, as stated by Paine, Deshpande, Margolis & Bettcher (2005), that companies maintain certain codes of conduct. Paine et al (2005), go on to mention that organizations such as the European Commission have sought to endorse codes of conduct as major drivers of corporate social responsibility. The main purpose of the codes is to help companies operate effectively in diverse and diverse cultural and geographic locations. This is especially important for exploration companies such as those involved in the mining sector. Although the Global Business Standard code, as highlighted by Pain et al (2005), discusses eight underlying ethical principles, in this document our focus will be on only three of these, listed below; principles of reliability, dignity and correctness. By analyzing each of these three principles, this document will effectively evaluate business conduct in the mining sector. The principle of dignity This principle is based on the philosophy that every person should respect and protect the dignity of every human being. This usually involves protecting inherent rights such as health, safety, privacy, etc. (Paine et al, 2005). Therefore, this inevitable principle encourages the development of good human relations. Another aspect of the dignity principle as it pertains to businesses is the fact that affirmative action is often necessary when addressing employees' personal issues. This principle also includes the protection of employee privacy. Companies are not required to share confidential information between themselves and their employees. It is also important to note that the use of the children's laboratory...... halfway through the document...... May 2014 from http://poseidon01.ssrn.com/delivery.php?ID=3600030720990020030640101221000040300200380020200630911071040701231190871 0. 5024065096041107021103057003062065089118006127104120062047011062068119073072123084087005091060009002091019080126118028122 119002124&EXT= pdfThe International Aluminum Institute. (2012). Business ethics and corporate responsibility. The International Aluminum Institute. Accessed 25 May 2014 from http://www.thetimes100.co.uk/downloads/anglo_american/anglo_american_13_full.pdfThe Fraser Institute. (2012). What is the social license to operate. The Fraser Institute. Accessed May 25, 2014, from http://www.miningfacts.org/Communities/What-is-the-social-licence-to-operate/UNEP. (2002). Finance, mining and sustainability. UNEP. Accessed May 25, 2014 from http://www.unep.fr/shared/publications/pdf/WEBx0117xPA-FinanceMining.pdf