STR Responsible Sourcing helps international financial institutions, Equator Principles banks, lending agencies, and investment firms assess the risk of funding projects that may impact the labor standards of the workforce involved in constructing, upgrading, or operating the project.

Due Diligence Assessments - Due Diligence Assessments of the project are conducted in accordance with the IFC Performance Standard 2 on Labor and Working Conditions or other applicable standards. Assessments include extensive desk research as well as on-the-ground verification of the company’s or contractor’s labor policies and practices.

Training and Remediation – STRRS can provide post-assessment training and remediation to assist the company or contractor receiving project financing to implement or make improvements in their human resources, social and environmental management systems in accordance with the lender’s requirements.

Labor Law Library – STRRS’s online library tracks labor laws and minimum wages on a national, provincial, and municipal basis for over 140 countries. These laws have been translated into English and organized in a searchable database that includes international standards.

Risk Index – The STRRS Risk Index ranks countries in areas of government, economics, politics and labor culture by synthesizing internationally respected indices with STRRS’s own indices drawn from generic global assessment data. The Risk Index can also form the basis of a custom risk assessment based on project locations, products, or types of violations. These tools help identify and prioritize risk to effectively focus compliance resources.

Program Benchmarking – STRRS will benchmark codes of conduct, program management strategies and implementation protocols to help you evaluate the effectiveness of your program in comparison with industry leaders and peers. Specific projects can also be benchmarked to provide a comparative context of overall performance.