Leaders can demonstrate ethical conduct through the following actions: 1. Transparency: Communicate openly and honestly with all stakeholders. 2. Accountability: Take responsibility for actions and decisions, and encourage others to do the same. 3. Fairness: Treat all employees and stakeholders fairly and justly. 4. Respect: Show respect for all individuals, regardless of their position or background. 5. Promoting Ethical Behavior: Encourage and reward ethical behavior within the organization.