This code of conduct is under creative common license and aims to "set the frame of community interactions around the corresponding open-source product" as stated in the CoC text. Have a look to the text here, it provides community rules that help creating better places to work and target ethical goals while providing a frame to regulate the community.
Codes of Conducts are part of open-source communities artifacts made to rule the interactions around a product. They express ethical community standards, are not intended to create independent legal obligations, and do not replace applicable law or legal rights and obligations.
This code of conduct was created by an open-source contributor looking for good and is intended as an ethical community framework rather than a legal instrument.