We are focused on continuous improvement, striving to do better by building a long-term, sustainable organisation that focuses on our clients, our people, as well as the communities in which we engage. Affiliates share this philosophy, progressively factoring ESG considerations into their investment processes.
Corporate Responsibility
Corporate responsibility
Responsible investing
Group ESG Charter
The Pinnacle Group ESG Charter reflects the Groups shared commitment to ensure that sustainable principles and practices are integrated into the way we conduct business. Pinnacle believe’s a collaborative approach to ESG across the Group creates a valuable synergy and increases the impact of otherwise individual actions.
Affiliates
Affiliates are strongly committed to ESG principles, which are embedded into their businesses and approach to investing. Further details can be found on their respective websites linked below.
Sustainability
Pinnacle believes that higher environmental, social and governance performance leads to better financial performance, talent retention, and long-term value creation. We have an established Sustainability Committee to provide coordination and guidance on the integration of sustainable strategies and practices into the broader business.
Pinnacle will continue to adopt sustainable practices and integrate sustainability information into our reporting cycle through our annual Corporate Sustainability Report.
Sustainable development goals
The United Nations’ Sustainable Development Goals (SDGs) aim to address the biggest problems we face on this planet. Pinnacle recognises the need for strategies that foster economic development, reduce inequities and transition towards a more sustainable future.
We believe that it is not possible to achieve long-term business success in a world which contains poverty, hunger and climate change. But can business really help drive a reboot of the current system? At Pinnacle, we think the answer is ‘yes’.
By aligning our sustainable initiatives with the UN SDGs and through the support of the PNI Foundation, we can begin to turn global challenges into opportunities.
Approach to climate change
Pinnacle recognises that climate change poses a material risk for the economy, financial markets and society. Pinnacle supports the Task Force on Climate-related Financial Disclosures (TCFD) and is actively implementing its four key climate related financial disclosure recommendations; governance; strategy; risk management; metrics and targets.
Pinnacle is committed to offsetting unavoidable emissions to achieve carbon neutrality. We’re proud to be recognised as a CDP discloser, committing to environmental transparency by disclosing our climate change impact. For more information about our certification, please visit the Climate Active website.
Employee health and wellbeing
Our people are key to the success of the Company and Pinnacle takes an active involvement in staff welfare, engagement and career development. Pinnacle is fully supportive of initiatives to optimise the mental health of its employees.
- Pinnacle has an Employee Assistance Program for employees and their immediate family members.
- Confidential counselling is available to provide support on a range of personal and work-related issues.
- Pinnacle Executives monitor workloads, wellbeing and resourcing to ensure mental health is not compromised during periods of high stress.
Pinnacle is committed to providing a flexible working environment that suits each employee’s personal circumstances. Pinnacle has a strong focus on the development of staff and facilitates practical initiatives such as secondments, on the job rotational assignments and on demand learning programs.
Pinnacle equally prioritises the physical wellbeing of our people, offering opportunities to promote and celebrate movement within our workforce, with events such as the City 2 Surf and the Pinnacle Group Step Challenge.
Impact through education
Pinnacle and Affiliates are committed to fostering an awareness and an understanding among university students of the opportunities offered across the financial services industry. Through a combination of scholarships, sponsorships, direct engagement and alumni activities, there is a commitment to inform and inspire tertiary students to learn about the industry.
Specifically, Pinnacle’s Women in Finance Scholarship is designed to support young women, to actively encourage them to consider a career in finance and financial management. This scholarship offers female identifying students with opportunities to complete internships across Pinnacle and Affiliates.
Diversity and inclusion
Pinnacle is committed to strengthening business innovation and decision-making through workplace diversity. We recognise the benefits of a diverse group of employees reflecting different backgrounds, perspectives, styles, knowledge, experience and abilities. The Pinnacle Diversity Policy further outlines its focus on recruiting, developing, rewarding and retaining people with diverse backgrounds to meet the needs of our clients, shareholders and community.
PNI Foundation
The PNI Foundation operates as an independent public ancillary fund (PuAF). Financially underpinned by Pinnacle and with access to extensive in-house pro bono services across investment management, portfolio reporting, finance, marketing and IT, the Foundation operates with low overheads and high impact.
Multiple partnerships with 17 NFPs are driving long-term sustainable impact across six core focus areas. We actively encourage employee fundraising and volunteering in support of our partner charities, as well as other NFPs which focus on the same core themes. Recent activities have included volunteering for domestic violence shelters and connecting with the homeless. To find out more go to: PNI Foundation – Pinnacle
Workplace giving
Pinnacle and several Affiliates also offer Workplace Giving Programs (WPG) to all employees, facilitating donations to charities of choice via pre-tax salary deductions. Monthly donations (up to predetermined capped amounts) are matched in full by employers, who also cover all associated administration and due diligence costs.
During FY24, over $79,000 was donated via WPG to more than 60 Australian charities, reflecting the many and varied interests of employees throughout the Group.
First Nations Engagement
Pinnacle respects and acknowledges the Traditional Owners and Custodians of Country. We recognise their continuous connection to the lands, waters and skies across Australia and express our sincere gratitude to the peoples on whose land we work.
Reconciliation Action Plan
Pinnacle’s Reflect RAP demonstrates our commitment to advance reconciliation and make a positive contribution to Australia’s national reconciliation movement. Our Reflect RAP features an original design by artist, Summer Lowe, who was introduced to Pinnacle through the PNI Foundation’s relationship with Yalari.
Aboriginal Carbon Foundation
Since 2023, Pinnacle has partnered with the Aboriginal Carbon Foundation (AbCF); the only Indigenous organisation in Australia to provide carbon credits with third-party verified environmental, social and cultural co-benefits.
The AbCF generates community prosperity by supporting local communities to generate jobs, direct improvements in the environment and build relationships between Aboriginal and non-Aboriginal people. Through the ethical trade of Australian Carbon Credit Units (ACCU), AbCF implements carbon farming through Aboriginal fire management. This method is undertaken to reduce the frequency and extent of late, dry season fires, resulting in fewer greenhouse gas emissions and simultaneously allowing the continuation of cultural fire management practice.
Our continued partnership with AbCF allows us to support the Wulbujubur Cultural Fire project in Southern Cape York, Queensland. Owned by the Western Yalanji Aboriginal Corporation RNTBC (WYAC), the savanna burning project helps to empower Indigenous communities to take the lead in caring for the health and wellbeing of the land.
Community Investment
Pinnacle – together with affiliated fund managers – is passionate about driving positive, long term social change. Through building the capacity of excellent Australian not for profit (NFP) organisations, the PNI Foundation (Foundation) is helping to deliver tangible impact within communities.
Through long-term partnerships with the Indigenous Literacy Foundation, NASCA and Yalari, the Foundation is able to support Aboriginal & Torres Strait Islander young people across Australia.
Positive and proactive contributions are encouraged through direct employee engagement and volunteering, strategic sponsorships, collaborative partnerships across the industry, matched Workplace Giving Programs and via direct funding and pro bono support provided to the PNI Foundation.
Indigenous Literacy Foundation (ILF)
The ILF strive to invest in remote Aboriginal and Torres Strait Islander Communities to provide the tools and resources they request to shape the direction of their children’s literacy futures. Together with Five V Capital, the Foundation formed a partnership with ILF in 2023 contributing to their Book Supply, Book Buzz and Community Publishing Projects.
NASCA
Together with Firetrail, the Foundation formed a partnership with NASCA in 2022. Since 1995 NASCA has been embedding cultural knowledge into evidence-based programs that support young Aboriginal and Torres Strait Islander people to reach their full potential, supporting them to make positive, self-determined choices for their futures.
Yalari
Yalari provide quality educational opportunities for Indigenous children from remote, rural and regional areas of Australia. Since 2020, Resolution Capital and the Foundation have supported Yalari’s annual Orientation Camp, which is the starting point for all new Year 7 students embarking on their boarding school journey. Resolution Capital also sponsor a young Kamilaroi student from Moree to attend Sydney’s prestigious Kambala Church of England Girls’ School, through the Rosemary Bishop Scholarship Program.
Career Trackers
Pinnacle has established a membership with CareerTrackers, a national purpose-driven organisation that supports pre-professional Indigenous university students and links them with employers to participate in paid, multi-year internships. The membership will, over a number of years, support Pinnacle in creating an environment of inclusion and belonging with and for Indigenous people.
