Introduction Organizations code of conduct is a set of guidelines that ensure professional management of the organization (Brooks & Dunn, 2009). The codes of conduct are normally being drafted so that managers and other stakeholders might continue to play their ethical roles. Codes of conducts normally spell out the values enhancing ethical behaviors that are anticipated from the organization workforce. Basically the company codes generally specify how the laws and the company rules should be obeyed, how conflicting interests ought to be resolved, how confidential information should be preserved as well as how the corporation is supposed to deal with issues pertaining to justified dealings and market oppositions (Brooks & Dunn, 2009). For codes of conducts to achieve their objectives, corporate managers must create an environment that promotes ethical behavior. This report provides a comparative analysis of the company and professional codes of ethics. The comparative analysis provides a framework for understanding the contents, use and legality of the two codes and most importantly their implications on the current business situation. In the examination, the Australian Energy Company Limited code of conduct will be compared and contrasted to that of the professional code of conduct. Besides, their features and contents will also be analyzed. The recommendations based on the analysis will then be provided before the conclusion summarizing key findings of the analysis is offered. Background Australian Energy Company Limited is an infant company that was formed and incorporated in the fiscal 2004 with a major purpose of converting or developing energy resources within the Latrobe valley region in South Eastern Australia. The company core business is to convert coal into usable energy such as electricity, gas and chemicals specifically the fertilizers such as urea. The company is committed to zero emission electricity production through the utilization of low cost simplistic production strategy. As indicated, the company is unlisted public corporation in Australia with only 300 employees. The central goings-on are the production, practical and monetary expansion of gasification expertise relevant to ignite energy for the manufacture of fusion gas which sequentially could be transformed into urine fertilizers. The company has well maintained policies and practices that are designed to identify and manage significant business risks including financial risks, operational risks insurance and management risks. The company has put in place systems that ensure proper implementation of these policies and practices. These systems are also constantly being reviewed so as to ensure that the implementation processes are conducted as previously planned. In addition, the corporation has put in place measures that are intended to protect the interest and assets of the company. These take account of the inner organization measures and courses of actions. Appreciably, the firm’s administration is dedicated to instituting and preserving practices that will bring and maintain confidence in the company integrity. Each applicable guiding principle of the corporation is intended for just and decent connections with consumers, sellers as well as va