The document discusses ethics committees and codes of conduct for cooperatives. It states that ethics committees, composed of 3 members appointed by the board of directors, are responsible for formulating, developing, implementing, and monitoring codes of governance and ethical standards for members, officers, and employees. It provides examples of ethical values that cooperatives believe in, such as honesty, openness, service, social justice, and competence. It also gives examples of common areas of ethical concern and a simple code of ethics for cooperative members focusing on paying loans on time, saving, and keeping private matters private.