Ethics is the integrity measures which assess the values, norms and rules that constitute the base for individual and social relationships. Ethics and economy can not be separated, the people who are working for a business should always consider how their decision affecting in society and environment. Economy made with different parts like corporate, society, government and environment etc. Today ethical behavior is very significant for sustainable growth of economy of nation. Sustainable development recognize that all development decision must consider with aspect of environment, society and corporate. This paper includes the values & ethical practices especially concerning with business, society and environment.  Values give the basis for discernment about what is important for the institution to triumph in its core occupation.  Values determine what is right and what is wrong and doing what is right or wrong in what we mean by ethics.  To behave ethically is to behave in a manner consistent with what is right or moral. Moral code in business is form of applied ethics or professional ethics that examines ethical principles and moral or ethical problems that arise in a business environment. Ethical issues include the rights duties between a company and its employees supplier, customer and neighbours, its fiduciary responsibility to its shareholders, society and environment. The purpose of this research paper is to state the significance of ethical behaviour and the role of ethics in corporate society and environment.  This paper examines the relationship among ethics and values in business, society and environment.  This paper also emphasizes the need for a balance between business ethics, external market factors, and government, environment which ultimately will result into a stable and robust economy of any nation.

KEYWORDS:  Ethics, Values, Corporate Ethics, Environment, Society, Shareholders.