In Heathenism and Asatru there are many different forms of moral codes to live by. I am sure there are many more, but here are the two that i know. It is encouraged, while not necessarily to have some sort of virtues or morals to live your life by. Even your own are a great thing to live by! Here they are:
The Nine Noble Virtues:
The nine noble virtues are a set of nine different moral guild lines set similar to the ten commandments in the fact that people should try to follow them so as they can evolve as people. They are not a mandatory thing where you shall be punished if you do not follow them but I think that all peoples should follow a similar moral guild line or worlds would fall into chaos. . As an Asatrur it is a good idea that you try to follow them in your daily lives.
The Vanic Virtues:
Well i just learned about this today, and some of you may not agree or may have never heard of it, but apparently the Vanic Virtues are akin to the Nine Noble Virtues, but differ in many aspects. One is never to replace the other, but, at least i think, (if you choose so) should be honored similarly in my opinion Here they are:
The pursuit of beauty and elegance in thought, form and speech.
Zeal, vigor; the strength and courage that comes from a life worth living.
The recognition of nature and the environment as worthy of respect, care and reverence.
Harmonious and balanced thought and action; tranquility, calm, serenity.
The quality of being receptive to the world around one, non-judgmental and open.
Music and dance; the nurturing of inner wildness and childlike being, being like the “fey”
The all-encompassing force; love for family, for kin, for humanity, for all beings.
The peace and goodwill between people bound together; loyalty and the keeping of one’s word.
The trust that the Gods exist and are worthy of our worship, and Their ways worth following.
The binding of two parties into one common bond, generosity and hospitality.
Wonder and innocence, the recognition that life is worth living, and worth living well.
The recognition that we – humans, animals, plants, spirits – are all part of the grander scheme of life, and we share a common heritage, as children of the Earth.