What Programa de Inversión Responsable (PIR) does

Programa de Inversión Responsable (PIR) is a Peruvian civil association (asociación civil) founded in 2014 at COP20 and formalized in 2016, headquartered in Lima. PIR operates as the official UN Principles for Responsible Investment (PRI) support network in Peru, with a core team of 6 professionals and 3 outsourced support institutions (A2G, COPACO S.A.C., and Estudio Rodrigo, Elías & Medrano). Its mission is to promote responsible investment and sustainable finance by connecting, educating, and empowering Peru's financial sector actors to integrate ESG criteria into their investment decisions.

PIR's product portfolio is built around four pillars: Connect (the annual Perú ASG event in its 9th edition, drawing 120+ leaders and 1,820+ streaming viewers), Educate (working groups, training sessions, and webinars including IFRS S1/S2 training with PwC Peru), Drive (14+ publications including sector-specific ESG materiality indicators for mining, energy, and financial sectors, plus climate scenario analyses for pension portfolios), and Influence (policy recommendations to regulators SMV and SBS). The underlying technology is not a software product but a curated methodology stack based on SASB frameworks, TCFD recommendations, and IFRS S1/S2 standards, developed collaboratively with member institutions.

The business model is a membership-based association funded by annual fees from 20+ financial sector members—including pension fund administrators (AFP Integra, Prima AFP, ONP), banks (BCI Perú, Caja Huancayo), insurance companies (Pacífico, Rímac), asset managers (BD Capital, HMC SAFI, AC Capitales, Acres SAFI, LarrainVial, Macrocapitales), and the Lima Stock Exchange (BVL)—supplemented by project-based grants such as the £316,700 from UK PACT in 2021 for the InverClima project. Pricing is not publicly disclosed and members self-select into working groups where they co-produce ESG tools and frameworks.

Name

Programa de Inversión Responsable (PIR)

Legal name

Programa de Inversión Responsable

Website

https://pir.pe

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

1–10 employees

Short description

PIR is a Peruvian civil association and the official UN PRI support network that promotes responsible investment among 20+ financial institutions through working groups, ESG materiality frameworks, policy advocacy, and the annual Perú ASG event.

Ownership category

akta.pro rank

Product category

Sustainable Finance and Responsible Investment Association Services

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Values-Based/ESG & Impact-Focused RIAs (FSAAACAK)

Keywords

• Sustainable finance frameworks
• ESG integration advisory
• Responsible investment guidance
• Climate finance capacity
• Materiality indicators SASB

Headquarters

HQ city

Lima

HQ country

Peru

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Others

Revenue model

1. Membership Fees: PIR operates as a membership-based association (Asociación Civil) where financial sector institutions pay membership fees to participate. Members include pension fund administrators, banks, insurance companies, asset managers, risk raters, and other financial institutions.
2. Project Grants: PIR receives project-based funding for specific initiatives. The InverClima project was funded by the UK PACT Green Recovery Challenge Fund (£316,700). Grants support climate action capacity building and sustainable finance development.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels7 records

Core offering

PIR is a Peruvian civil association that promotes responsible investment and sustainable finance by convening pension fund administrators, banks, insurance companies, asset managers, and other financial institutions as members. It delivers value through collaborative working groups, capacity-building training, sector-specific ESG materiality indicators (mining, energy, financial), regulatory policy advocacy to SMV/SBS, and the annual Perú ASG conference. Its intellectual property centers on locally adapted SASB/TCFD/IFRS frameworks and tools for the Peruvian financial sector.

Product overview

Programa de Inversión Responsable (PIR) is a membership-based association (not a software product company) that promotes responsible investment and sustainable finance in Peru through four main pillars: Connect (networking and experience exchange), Educate (capacity building for ESG implementation), Drive (tool and study development), and Influence (public policy contribution). Its portfolio includes the annual Perú ASG conference, the InverClima climate project, ESG Working Groups, and various knowledge products such as ESG Materiality Indicators, Corporate Sustainability Reporting Guides, and Responsible Investment Policy frameworks.

Differentiator

Problem solved

Functional benefit

Brands

• Perú ASG: Annual networking event for investors and companies focused on responsible and sustainable investment, sharing latest ESG trends in the Peruvian market.
• InverClima

Products and services

• Perú ASG Annual flagship networking event for investors and companies focused on responsible and sustainable investment, sharing ESG trends in the Peruvian market. Features keynote speakers, panel discussions on ESG variable management, and networking activities (ESG Drinks). Reaches 120+ leaders from the financial sector, regulators, and regional experts.
• InverClima Project linking sustainable finance with climate action, focused on building climate action capacities among investors in the Peruvian financial ecosystem. Includes governance structure development, climate training modules, climate scenario analysis of pension fund portfolios, public policy proposals, and the creation of Red MIC (Mujeres, Inversión y Clima).
• Grupos de Trabajo PIR (PIR Working Groups)

Quantifiable outcome

• 63 ESG materiality indicators developed for Peruvian mining sector with SNMPE validation
• +4 more outcomes

Named customers14 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Eleven partnerships are on record, tiered core and supporting.

• IFC (International Finance Corporation)coreStrategic or Co-development PartnerIFC serves as a strategic ally providing technical support and international expertise in sustainable finance. PIR participated in IFC's IESG program in 2023. IFC supported Peru ASG events and ESG methodology development.
• PwC PerúcoreStrategic or Co-development PartnerPwC Peru is a strategic ally providing technical expertise in sustainable finance and climate reporting. PwC conducted IFRS S1 and S2 training for PIR members, participated in TCFD working groups, and contributed to climate disclosure publications.
• PRI (Principles for Responsible Investment)coreStrategic or Co-development PartnerPIR is the official support network of UN PRI in Peru. PRI is an international organization supported by the United Nations that promotes responsible investment globally. PIR shares PRI's vision of an economically efficient financial system that creates long-term value.
• UNEP Finance InitiativesupportingStrategic or Co-development PartnerPIR is a signatory of UNEP Finance Initiative, aligning with global sustainable finance frameworks and principles.
• 2 Degrees Investing Initiative (2DII)coreStrategic or Co-development Partner2DII supported the climate scenario analysis and stress testing applied to Peruvian pension fund portfolios as part of the InverClima project. This international organization specializes in climate alignment analysis of financial portfolios.
• LACADI (Latin American and Caribbean Development Institution)supportingStrategic or Co-development PartnerLACADI partnered with PIR on TCFD adoption working groups, providing climate reporting expertise and conducting TCFD evaluation questionnaires for member companies.
• Implementa SursupportingStrategic or Co-development PartnerProject ally for InverClima implementation, providing local expertise in climate and sustainability initiatives in Peru.
• Presente.pesupportingStrategic or Co-development PartnerProject ally for InverClima implementation, contributing to climate action and sustainable development initiatives.
• Estudio Rodrigo, Elías & MedranosupportingImplementation/ SI/ Consulting PartnerProvides legal support to PIR as part of the organization's support team, ensuring legal compliance and advisory services.
• A2GsupportingImplementation/ SI/ Consulting PartnerProvides technical advisory to PIR as part of the organization's support team. A2G is a Peruvian sustainability consultancy actively involved in PIR events and working groups.
• COPACO S.A.C.supportingImplementation/ SI/ Consulting PartnerProvides accounting support services to PIR as part of the organization's administrative support team.

Scale indicators11 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• PRI (Principles for Responsible Investment): UN-supported global network of signatories promoting responsible investment. PIR is its official supporter in Peru; PRI provides the international frameworks PIR adapts, making it both a partner and the closest broad incumbent in the same ecosystem.
• Ceres: U.S.-based sustainability nonprofit mobilizing investors, companies, and policymakers on climate and ESG issues. Broader scope (not solely investment-focused) but comparable advocacy, investor network engagement, and policy-influence model; significantly larger and more international than PIR.

Direct peers

• Japan Sustainable Investment Forum (JSIF): Japan's national SIF promoting responsible investment among institutional investors, with research output, annual events, and policy engagement. Comparable in serving as a country-level ESG convening body under the PRI-aligned global network.
• Eurosif: Pan-European federation of national SIFs working on sustainable and responsible investment. Comparable in mission and structure — national SIFs as members, flagship publications on EU sustainable finance regulation, and convening role across jurisdictions, analogous to PIR at the country level.
• US SIF (The Forum for Sustainable and Responsible Investment): U.S. national membership association advancing sustainable and responsible investment across the financial industry. Operates the same model as PIR — convening institutional investors, producing research/frameworks, hosting flagship events, and engaging regulators — but at much larger U.S. scale.
• VBDO (Dutch Association of Investors for Sustainable Development): Dutch platform of institutional investors and asset managers focused on ESG integration. Produces sector-specific benchmarks, tools, and working group outputs similar to PIR's ESG materiality indicators and climate scenario work for Dutch pension funds.
• Responsible Investment Association (RIA Canada): Canadian national organization promoting responsible investment through member education, research, policy advocacy, and the annual Canadian Responsible Investment Conference. Closely mirrors PIR's pillars of connect/educate/drive/influence.
• UKSIF (UK Sustainable Investment and Finance Association): UK membership association promoting responsible investment among financial institutions, asset managers, and advisors. Directly comparable to PIR's mission, member-driven working groups, and policy advocacy focus, with a similar annual conference and training programs.
• Forum per la Finanza Sostenibile: Italian sustainable finance multi-stakeholder platform, a civil-society organization promoting ESG integration among Italian financial institutions. Comparable community-led GTM, member working groups, and policy engagement focus.
• Responsible Investment Association Australasia (RIAA): Australia and New Zealand peak body for responsible investment, with a membership model spanning institutional investors, super funds, and advisors. Runs the Responsible Investment Certification program and produces widely-used guidance — a near-direct functional analog of PIR for the Australasian market.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks4 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/pirperu

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Programa de Inversión Responsable (PIR)