In November 2015, ICAS launched its business ethics initiative: The Power of One. As part of this initiative, the ICAS Ethics Board published the guidance paper - “The Ethical Journey – The Right, the Good and the Virtuous” - to help ICAS members make the ‘journey’ from identifying an ethical dilemma to its resolution.

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The guidance paper develops the following ‘aide memoire’:

The aim of this aide-memoire is to draw attention to the fact that there are different ways of looking at ethical dilemmas, and how people make decisions – that there are a variety of ethical perspectives which might be useful when thinking about an issue. It is hoped that this framework for analysis will encourage members to pause for thought, and to reflect, and thereby broaden their perspective when facing an ethical decision, and aid their ethical decision-making process.

In 2025, to mark the 10th anniversary since the launch of The Power of One, ICAS issued a third edition of this paper.

The full guidance paper is available for download or alternatively, the "Abridged Version" provides an outline of the key points within the full guidance paper.

The Ethical Journey - The Right, the Good and the Virtuous

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The Ethical Journey - The Right, the Good and the Virtuous - Abridged version

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